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Merck delivers profitable growth at 12.9% despite challenges during FY 2022

Sales growth was driven by all regions and business sectors, particularly life science

“India continues to remain a key destination for clinical trials”

Jinu Jose, Vice President, Head – Sales and Clinical Operations, R&D Solutions, IQVIA India shared his views on the company's current operations, market scenario and future outlook

MTaI welcomes NPPA move to cap trade margins of oxygen concentrators

Medical Technology Association of India has stated that the #NPPA's move to cap prices of oxygen concentrations will provide reasonable margin for players, while at the same time usher in affordability for patients.......................

Venus Remedies rides high on exports, registers 61% growth in sales...

The company’s annual sales grew from Rs 339.33 crore in FY 2019-20 to Rs 548.12 crore this fiscal, a 61% growth over last year. It posted a net profit of Rs 61.77 crore in FY 2020-21........................

SCHOTT increases sales in India, plans record investments

During the fiscal year 2018-2019, the company's India sales growth was up by 18% to INR 388.6 crores (EUR 49.5 million). Highest investments in the company’s history planned at EUR 320 million as a part of ongoing expansion in India................

MAYA: Abbott’s AI based personal assistant for its sales force

In early 2018, Abbott became the first in Indian pharmaceutical industry to deploy an AI assistant for its field force. Since launch, Maya has addressed close to 12,000 queries and 69% of the field force rate Maya as helpful...……...

OMRON Healthcare India step-up its after sales service, opens 48 pick...

This strategic move denotes company’s efforts to deepen its reach and connect with the end-customers via strengthening its after sales service infrastructure...…………...

NPPA holds discussion with pharma bodies on GST implementation

National Pharmaceutical Pricing Authority (NPPA), has revealed that it met several pharma sector associations to decide the way forward for implementation of the GST.........

DSM Sinochem Pharma wins patent infringement case over amoxicillin API

The Delhi High Court has granted the permanent injunction against the manufacture and sale of Sinopharm Weiqida Pharmaceutical’s Amoxicillin active pharmaceutical ingredient in India...........

Dr Morepen Labs registers significant sales and profitability growth

Higher revenue from exports, bulk drugs and home-diagnostic businesses fueled Morepen Lab’s sales and profitability growth in Q4 FY 2016-17.......