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19 Dec 2023

Success Story: Dilip Shanghvi's Inspiring Journey to Billionaire Success

When he started his pharma company in 1983 with 5 products and 5 people, hardly anyone could guess the success he will achieve. In 1987 when the company began selling on a national scale, it was ranked 108th. Now it ranks 6th, which is nothing short of mind-blowing.

13 Feb 2019

Sun Pharma Q3 profit zooms nearly 4-fold to Rs 1,241.85 crore

The company had posted a net profit of Rs 321.57 crore for the corresponding period of the previous fiscal hit by one-time deferred tax adjustment.

Sun Pharmaceutical Industries

18 Jan 2019

Sun Pharma writes to SEBI over whistleblower complain

In November 2018, a whistleblower approached Sebi with a document alleging various irregularities by the company, its promoter and others.

Sun Pharmaceutical Industries

14 Aug 2018

Sun Pharma Q1 net profit at Rs 982.51 crore

Sun Pharmaceutical Industries on Tuesday reported a consolidated net profit of Rs 982.51 crore for the quarter ended June 30, 2018.

Sun Pharmaceutical Industries

12 Oct 2017

Sun Pharma to increase stake in Ranbaxy Malaysia to 79.5%

The share purchase will be for a cash consideration of MYR 2,861,365.65, Sun Pharma said.

Sun Pharmaceutical Industries

03 Sep 2017

Sun Pharma sees single-digit decline in revenues for FY18

On US FDA inspection, Shanghvi said on completion of re- inspection, the USFDA issued nine observations for the Halol facility and the company is currently in the process of implementing the requisite remediation steps.

Cadila Healthcare

24 Aug 2017

Cadila Healthcare soars 7% on USFDA nod for hypertension drug

The scrip settled 7.02 per cent higher at Rs 494.95 on the BSE. In the intra-day trade, the stock climbed 8.95 per cent to the day's high of Rs 503.90 on the BSE.

Sun Pharmaceutical Industries

09 Aug 2017

Sun Pharma drops over 5%; shares hit 52-week low

The stock plunged 5.13 percent to settle at Rs 474.75 on BSE. During the day, it slumped 5.63 percent to Rs 472.20 -- its 52-week low.

Sun Pharmaceutical Industries

24 May 2017

US FDA accepts application for psoriasis drug: Sun Pharma

Drug major Sun Pharmaceutical Industries on Wednesday said the US health regulator has accepted biologics licence application (BLA) for tildrakizumab for the treatment of psoriasis.

Sun Pharmaceutical Industries

22 Apr 2017

USFDA issues 11 observations for Sun Pharma's Dadra facility

Drug major Sun Pharmaceutical Industries has received 11 observations from the US health regulator after inspection of its Dadra facility.

15 Feb 2017

Sensex down; Tata Motors, Sun Pharma drag

As a result of disappointed December-quarter earnings by major players, Indian shares fell on Wednesday, with Tata Motors and Sun Pharmaceutical Industries weighing on the indexes.

23 Dec 2016

Sun Pharma subsidiary invests 14.6% stake in US company for $13 million

Pharamceutical major Sun Pharma's subsidiary has invested USD 13 million (about Rs 88 crore) in the US-based scPharmaceuticals Inc, announced the company on Friday.

16 Dec 2016

Sun Pharma acquires Ocular Technologies Sarl

Pharmaceutical major Sun Pharma has informed BSE that it has completed the acquisition of the US-based eye care specialist Ocular Technologies Sarl.

19 Oct 2016

India's Sun Pharma joins hands with ICGEB to develop dengue vaccine

The vaccine will be targeted against all the four serotypes of dengue virus that cause fever, headache, muscle and joint pain, rash in humans.

Sun Pharmaceutical Industries

28 Jul 2016

Sun Pharma in $50 million deal with Spanish firm

Indian drug major Sun Pharmaceutical Industries Ltd said it entered into $50 million licensing agreement with Spanish firm Almirall for the development and commercialisation of tildrakizumab for psoriasis in Europe.

Sun Pharmaceutical Industries

08 Jun 2016

Sun Pharma launches sunscreen brand Suncros

New Delhi: Drug major Sun Pharmaceutical Industries on Wednesday announced the launch of its sunscreen brand 'Suncros' through the company's Global Consumer Healthcare business vertical.

Sun Pharmaceutical Industries

11 Apr 2016

Sun Pharma gets USFDA nod for eye inflammation drug

The company is likely to commercialise BromSite through its newly formed US-based division Sun Ophthalmics in the second half of 2016.

Sun Pharmaceutical Industries

29 Sep 2015

Sun Pharma makes tender offer to acquire InSite Vision

Drug major Sun Pharmaceutical Industries has made a tender offer to acquire US-based eyecare firm InSite Vision for USD 0.35 per share in cash.

Sun Pharmaceutical Industries

16 Sep 2015

Sun Pharma seals deal to acquire US-based InSite Vision

Drug major Sun Pharmaceutical Industries has entered into an agreement with InSite Vision to acquire the US-based eyecare firm for around USD 48 million plus related debt and other transaction costs to strengthen its branded ophthalmic portfolio in the US.

01 Sep 2015

Sun Pharma completes acquisition of GSK Australia opiates biz

The company has started the integration of opiates business after completion of the deal, which would strengthen its position in global market and expand its narcotics raw material (NRM) market share.

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