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Cyclone Michaung: Natco Pharma's Chennai factory shut temporarily

Necessary steps are being taken to drain out the water and after careful evaluation and following all the regulatory procedures, operations would be commenced at the earliest, the company said. ....

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India's pharma sector to grow at 6-8% YoY in FY23

India's pharmaceuticals market (IPM) is expected to grow between 6 and 8 per cent on a year-on-year (YoY) basis in FY23. Accordingly, the growth has been capped due to high base effect and inventory stocking in FY21 on account of Covid-19-led disruption in supplies of key starting materials. Besides, API (Active Pharmaceuticals Ingredient) businesses are expected to report ....

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