In the upcoming financial budget, the government should allocate 2.5% of GDP for health care sector, says Dr. Reddy’s Laboratory, India’s second largest drug manufacturer. This is the right time to incentivize and encourage the penetration of the health care reach and delivery. Dr. Reddy’s Laboratory “A good way to start would be to signal […]
Ranbaxy Laboratories, a drug firm declared on Thursday that the consolidated net loss increased to Rs.2, 982.7 crore in the fourth quarter which ended on December 31st, 2011. While, over the same period previous year the company posted a net loss of Rs 97.4 crore. On the brighter side, net sales of the company, rose […]
Drug-maker GlaxoSmithKline Pharmaceuticals sees profits improve, due to continued growth of vaccines and specialty products, tighter expense control and new product launches for the 4th quarter of 2011. According to DrHasit B. Joshipura, Managing Director of GSK (India), the company was able to register good growth in its specialty business, thanks to the launch of […]
