CNX Pharma index dips 6%; Sun Pharma hits nine-month low
At 12:39 PM, the CNX Pharma index was down 6.1% or 806 points at 12,370 compared to a 0.01% rise in the CNX Nifty.21-07-2015
CNX Pharma index dips 6%; Sun Pharma hits nine-month low
At 12:39 PM, the CNX Pharma index was down 6.1% or 806 points at 12,370 compared to a 0.01% rise in the CNX Nifty.Sun Pharma warns on revenue, profit due to Ranbaxy takeover
The drugmaker says that it expects consolidated revenue to either remain flat or show a decline from a year earlierSun Pharma Falls After Ranbaxy Gets Slapped With Lawsuit
Sun Pharma is India's largest drugmaker.Sun Pharma shares seen rising
Sun Pharmaceutical Industries shares are seen rising on unit Taro Pharmaceutical Industries price hikes.Taro has pushed through price increase in a couple of products, says Credit Suisse.Sun Pharma may spend up to $7 billion on M&A, say bankers
On its radar are US and European companies that develop cheaper copies of worlds hottest selling drugsSun Pharma may spend up to $7 billion on M&A: bankers
Sun Pharmaceuticals Industries Ltd , emboldened by its takeover of domestic rival Ranbaxy Laboratories, is willing to spend as much as $7 billion on further acquisitions, bankers familiar with the generic drugmaker's strategy said.Sun Pharma, not Sated by Ranbaxy Deal, May Spend More on M&As: Report
On Sun Pharma's radar are U.S. and European companies that develop biosimilars - cheaper copies of biotech drugs which have become some of world's hottest selling medicines.Sun Pharma: Integration challenges next hurdle
The management has indicated that they will deliver synergies of $250 mn by 2018 through various operational efficienciesAs Daiichi exits, Sun Pharma faces prospect of a mammoth rival
Teva has made an unsolicited offer to buy Mylan for about $40.1 billion as it seeks to fend off competitors like Sun Pharma