Johns Hopkins to Set Up Campus in India: A Game-Changer for Biotech Opportunities
In a major development, Johns Hopkins University is in talks with the Indian Ministry of Education to set up an offshore campus in India. This groundbreaking initiative has the potential to bring a plethora of opportunities to biotech students, researchers, and professionals in India. Here’s a closer look at the key benefits and what this ...
7 Muhurat Trading Stocks 2024 This Diwali | Pharma, Banks Stocks
Investment lovers looking for potential market gains in 2024 should take note of Trading’s latest recommendations, featuring seven standout stocks with promising growth projections. 1. PCBL Leading the charge is PCBL, a giant in the carbon black sector. The company is forecasting exceptional growth over the next three years, with a projected compound annual growth ...
The $112M Investment Shaking Up Biopharma! Elektrofi’s Mission
Elektrofi Inc., a biopharmaceutical delivery technology developer, has successfully raised $112.25 million in an upsized Series C financing round. This key funding was co-led by industry giants Novo Holdings, RA Capital Management, Royalty Pharma, SR One, and TPG Life Sciences Innovations, with contributions from Eli Lilly and other major investors in life sciences. The Series ...
New Pharma Rules Force Thousands of Small Companies to Shut Down – Is Your Medicine Supply at Risk?
As India’s pharmaceutical sector gears up for improved Good Manufacturing Practice (GMP) standards, almost 40% of the country’s medium and small pharma companies face a high risk of closing down. The new regulations, set to take effect by December-end for companies with an annual turnover below Rs 250 crore, require significant investments in building upgrades ...
Sun Pharma Earnings Shine, But Stock Stumbles – Time to Invest?
Sun Pharma’s Profits Soar 28%, But Stock Falls 2% – Should You Buy or Sell? Despite reporting a strong performance in the second quarter (Q2FY25), Sun Pharmaceutical Industries shares dropped 2% today. The pharmaceutical giant achieved a 28% jump in net profit, reaching Rs 3,040 crore. Yet, mixed analyst thoughts and worries over future spending ...
Meet the Daughter-in-Law of India’s Richest Pharma Billionaire
Karishma Shanghvi: The Woman Shaping CSR at Sun Pharma and Beyond Mumbai, India – Karishma Shanghvi, a well-known figure in the Indian business world, plays a fundamental role in the corporate social responsibility (CSR) measures of Sun Pharma, one of the largest pharmaceutical companies in the country. With a market cap of ₹4.57 lakh crore, ...
GSK Celebrates 100 Years in India with Profit Surge and Big Dividend Surprise – Check Out What’s Driving Their Success!
GlaxoSmithKline Pharma Reports 16% Profit Growth in September Quarter On Tuesday, GlaxoSmithKline Pharmaceuticals (GSK) informed that its net profit grew by 16% in the July-September quarter, going ₹252 crore. This growth was driven by strong sales across various products. In the same period last year, the company documented a profit of ₹217 crore. GSK’s revenue ...
Massive Sell-Off Alert! Torrent Pharma Promoters Offload Shares Worth Billions
Torrent Investments, which facilitates Torrent Pharmaceuticals, sold 2.9% of its stake in the company on Wednesday, raising ₹3,086 crore via open market deals. According to data from the Bombay Stock Exchange (BSE), the company sold 99.44 lakh shares at prices between ₹3,103.07 and ₹3,104.40 each. As a result of this sale, the promoter company’s total ...
Job Fraud: Two Arrested for Cheating Youths with Pharma Job Offers
In DLF Phase 3, block U, two people were arrested for allegedly cheating young job seekers by offering positions in pharmaceutical companies. The Scammers, Prasoon Tiwari from Shanti Nagar, Bihar, and Divya Srivastava from Gonda, Uttar Pradesh, posted fake job postings on social media. Under the cover of verification fees, they took money from applicants. ...
Mits Healthcare gifted 15 Cars To Employees
Panchkula, Haryana – In a heartwarming Diwali gesture, MK Bhatia, the director of Mits Healthcare, awarded 15 top-performing employees with brand-new cars, supporting the company’s commitment to employee appreciation. Known for his innovative recognition strategies, Bhatia celebrated his team’s efforts by promoting these employees to directors and gifting them vehicles to mark their achievements. “We ...