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Hyderabad: Laurus Labs on Thursday said it saw an 875% jump in consolidated net profit for the second quarter ended Sept 30, 2025, at ₹195 crore from ₹20 crore in the same quarter of the last financial year. The company's revenues climbed 35% year-on-year to ₹1,653 crore compared to ₹1,224 crore in Q2FY25.The company attributed the surge in profits and revenues to its expanding contract development and manufacturing organisation (CDMO) business and strong performance in generics, underpinned by ...Read More >
New Delhi: Torrent Pharmaceuticals on Sunday announced the acquisition of majority stake in J B Chemicals and Pharmaceuticals in a Rs 19,500-crore deal that will make it India's second most valued pharma company. Torrent will acquire 46.39 per cent stake from promoters Tau Investment Holdings Pte Ltd (a unit of global investment firm) for about Rs 11,917 crore. It would additionally buy another 2.80 per cent from certain employees of JB Chemicals at the same acquisition price of Rs 1,600 per sh ...Read More >
New Delhi, Jun 29 (PTI) Torrent Pharmaceuticals on Sunday announced the acquisition of majority stake in J B Chemicals and Pharmaceuticals in a Rs 19,500-crore deal that will make it India's second most valued pharma company. Torrent will acquire 46.39 per cent stake from promoters Tau Investment Holdings Pte Ltd (a unit of global investment firm) for about Rs 11,917 crore. It would additionally buy another 2.80 per cent from certain employees of JB Chemicals at the same acquisition price of Rs ...Read More >
Seoul: South Korea's exports of bio-health products jumped 22.5 per cent in the third quarter from a year earlier, data showed on Friday, driven by growing demand for pharmaceutical goods in European nations. According to the Korea Health Industry Development Institute, outbound shipments of bio-health products, including pharmaceutical goods and cosmetics, amounted to $6.34 billion in the July-September period, compared with $5.17 billion recorded over the same period in 2023, Yonhap news agen ...Read More >
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