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Dr Reddy s Laboratories announces the launch of Ertapenem for Injection in the U S Market
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Dr Reddy s Laboratories launch antibiotic medication in US market
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Dr Reddy s Laboratories on Wednesday said it has launched Ertapenem for Injection, an antibiotic medication, in the US market.
The newly launched drug is a therapeutic equivalent generic version of Invanz (ertapenem for injection) for injection, 1 g/vial. It is used for the treatment of infections of the abdomen, lungs, upper part of the female reproductive system, and diabetic foot.
Dr Reddy s Laboratories has announced the launch of Ertapenem for Injection, 1 g/vial, approved by the US Food and Drug Administration (USFDA), the company said in a BSE filing.
Gland Pharma Q3 net rises 32% to ₹204 crore
January 22, 2021
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Gland Pharma Limited has posted robust results for the third quarter and nine months ended December 31, 2020 with the company logging a profit of ₹204 crore up 32 per cent over ₹154 crore it posted for the corresponding third quarter last year.
The pharma company posted revenues of ₹859.4 crore for the third quarter up 33 per cent over ₹645.9 crore for the corresponding quarter last fiscal.
For the nine months ended December 31, the company had a profit of ₹736.6 crore, up 27 per cent over ₹578 crore of same period last year. The revenue for nine months was up 27 per cent at ₹2,575 crore as against ₹1,998 crore for same period of previous fiscal.
Gland Pharma Ltd Q3FY21 net profit at Rs. 204.10 crore
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Gland Pharma Ltd has reported financial results for the period ended December 31, 2020.
Financial Results (Q3 FY20-21) - QoQ Comparison
The company has reported total income of Rs.894.54 crores during the period ended December 31, 2020 as compared to Rs.851.85 crores during the period ended September 30, 2020.
The company has posted net profit / (loss) of Rs.204.10 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.218.85 crores for the period ended September 30, 2020.
The company has reported EPS of Rs.12.82 for the period ended December 31, 2020 as compared to Rs.14.12 for the period ended September 30, 2020.
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