Sun Pharma shares drop 2% on USFDA warning letter
The USFDA has issued a letter for violations of Current Good Manufacturing Practice (cGMP) regulations at Sun Pharma’s Dadra facility.
The USFDA has issued a letter for violations of Current Good Manufacturing Practice (cGMP) regulations at Sun Pharma’s Dadra facility.
Cyrus Soli Poonawalla has seen the sharpest increase in wealth in value terms across sectors during the year.
The federal agency has put on hold the trial of 12 mg of Deuruxolitinib clinical trial owing to a potential pulmonary embolism.
Cyrus Soli Poonawalla’s Serum Institute of India made the most of the country’s demand for vaccines.
The Sensex and Nifty are poised to start the week on a negative note, tracking weak cues from global peers and bearish trading on the SGX Nifty futures.
Sun Pharma incurred an exceptional loss of ₹3,936 crore on account of settlements, provisions related to Taro Pharmaceuticals, Ranbaxy.
Shares of Sun Pharmaceutical Industries climbed nearly 1% in opening trade, while Zenotech Laboratories was locked in an upper circuit of 5% on the BSE.
The BSE Sensex and the NSE Nifty are set to start the week on a bearish note, following soft cues from Asian peers and negative trade at SGX Nifty.
This was the third-best performance by the domestic bourses on a Budget day in the last ten years, with Sensex surging 1.46% to 58,862 points.
Dalal Street headed for a negative start on Wednesday, following weak cues from Asian peers as market participants remained concerned about the Omicron variant of Covid-19.