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drugmaker

Indian drugmaker Dr Reddy's slips on margin, semaglutide supply woes

Published 23 Jul, 2026 09:25pm

The brokerage also lowered its fiscal 2027 fiscal 2028 earnings estimates by 12% to 17%

India's Cipla posts another profit decline, names insider Dinesh Jain CFO

Published 23 Jul, 2026 09:15pm

Cipla leans more on its India business to offset weakness in the United States

Granules India's first-quarter profit surges as margins improve

Published 21 Jul, 2026 05:30pm

Total revenue from operations climbed 22% to 14.77 billion Indian rupees on higher sales of finished medicines

Novo Nordisk says it is suing Eli Lilly, accusing it of false advertising

Published 21 Jul, 2026 05:03pm

Novo Nordisk sues Eli Lilly for false advertising, alleging its rival's weight-loss drug ads use misleading comparisons to inflate efficacy claims.

Novartis profit beat driven by cost control as patent expiries bite

Published 21 Jul, 2026 04:57pm

Sales of the heart drug fell 50% to $1.18 billion

Drugmaker Lupin settles US patent dispute with Astellas Pharma for $90 million

Published 10 Feb, 2026 12:16pm

Lupin and its U.S. unit will pay Astellas a $75 million upfront payment and per-unit licensing fees

India’s top drugmaker Sun Pharma beats profit view on strong domestic demand

Published 05 Nov, 2025 05:09pm

Sun Pharmaceutical Industries India’s top drugmaker by revenue, reported a quarterly profit above analysts estimates...

Drugmaker Biogen to invest $2 billion more in North Carolina

Published 21 Jul, 2025 06:19pm

Biogen will invest an additional $2 billion in its existing manufacturing in North Carolina, the drugmaker said on...

Indian drugmaker Anthem Biosciences’ $395 million IPO fully subscribed on day two

Published 15 Jul, 2025 11:34am

Indian drugmaker Anthem Biosciences’ $395 million public listing was fully subscribed on the second day of bidding,...

AstraZeneca signs AI research deal with China’s CSPC for chronic diseases

Published 13 Jun, 2025 04:54pm

AstraZeneca has signed an AI-led research agreement with China’s CSPC Pharmaceutical Group worth up to $5.3 billion,...

Sanofi to buy US biopharma group Blueprint for over $9 billion

Published 02 Jun, 2025 12:43pm

PARIS: France’s Sanofi has agreed to buy U.S.-based Blueprint Medicines Corporation for over $9 billion to boost its...

Sanofi to invest at least $20 billion in the US through 2030

Published 14 May, 2025 09:39pm

French drugmaker Sanofi said on Wednesday it plans to invest at least $20 billion in the United States through 2030,...

AstraZeneca says potential US tariffs manageable, faces another China fine

Published 29 Apr, 2025 04:52pm

AstraZeneca expects only limited impact from potential U.S. tariffs on pharmaceutical imports, the drugmaker said on...

Pfizer beats profit estimates on cost cuts, heart drug sales

Published 29 Apr, 2025 04:27pm

US drugmaker Pfizer reported first-quarter profit above Wall Street estimates on Tuesday, helped by cots cuts and...

Merck to invest $1 billion in new Delaware plant to boost US manufacturing

Published 29 Apr, 2025 04:15pm

US drugmaker Merck said on Tuesday it is investing $1 billion in a new Delaware plant to expand domestic production...

AstraZeneca investing $2.5bn in China as drugmaker seeks to recover from scandals

Published 21 Mar, 2025 04:27pm

LONDON: AstraZeneca said on Friday it will spend $2.5 billion on a research and development hub in Beijing, as the...

Pfizer to sell all its drugs in low-income countries at non-profit price

Published 17 Jan, 2023 09:57pm

U.S. drugmaker Pfizer Inc said on Tuesday it will offer its full portfolio of drugs, including off-patent medicines...

Pfizer, BioNTech start COVID-flu combination vaccine study

Published 03 Nov, 2022 05:01pm

U.S. drugmaker Pfizer Inc and its German partner BioNTech SE have started an early-stage study to evaluate a...

Pfizer raises sales estimates for COVID vaccine by $2 billion

Published 01 Nov, 2022 05:26pm

Pfizer Inc on Tuesday raised its full-year estimates for sales of its COVID-19 vaccine by $2 billion to $34 billion,...

Eli Lilly cuts annual profit forecast on stronger dollar

Published 01 Nov, 2022 05:22pm

Eli Lilly and Co on Tuesday cut its annual profit forecast for the third time, as a stronger dollar piled more...

US FDA declines to approve Hutchmed’s China-tested cancer drug

Published 03 May, 2022 03:47am

WASHINGTON: Drugmaker Hutchmed Ltd said on Monday the US Food and Drug Administration has declined to approve its...

Japan orders 150 million doses of Novavax Covid vaccine

Published 07 Sep, 2021 11:41am

The cost of the deal was not announced, and it is contingent on the vaccine being approved in Japan

Health Canada recommends people with rare blood condition not get AstraZeneca vaccine

Published 30 Jun, 2021 10:35am

Until June 11, one case of capillary leak syndrome following vaccination with AstraZeneca's vaccine has been reported in Canada, Health Canada said

Germany expects faster Moderna COVID-19 vaccine deliveries

Published 27 Jun, 2021 03:39pm

Moderna will increase its deliveries to 1.33 million doses a week in July from 733,000 previously expected, raising the figure to 2.57 million a week in August and 2.95 million a week in September, the ministry said.

Lilly to seek accelerated FDA approval for Alzheimer's drug this year

Published 24 Jun, 2021 04:36pm

The FDA granted donanemab a breakthrough therapy designation, meant to expedite the development and review of medicines for serious or life-threatening conditions.

AstraZeneca commits to 1.8mn Thai vaccine doses amid supply anxiety

Published 02 Jun, 2021 06:55pm

The joint announcement by AstraZeneca and Siam Bioscience, a firm owned by Thailand's king, comes amid public anxiety about vaccine supplies, as the country suffers its most severe outbreak so far.
It did not say whether the Thai plant would make all 6 million doses that Thailand's government has promised would be available this month.

Abbott cuts 2021 profit forecast on lower COVID-19 testing demand

Published 01 Jun, 2021 06:51pm

"This has been driven by several factors, including significant reductions in cases in the US and other major developed countries, accelerated rollout of COVID-19 vaccines globally and, most recently, US health authority guidance on testing for fully vaccinated individuals," the drugmaker said.
Abbott sees second-quarter adjusted profit from continuing operations of at least $1 per share, compared with analysts' estimates of $1.23 per share.

Pfizer raises 2021 sales forecast for Covid vaccines to $26bn

Updated 10 May, 2021 10:20am

NEW YORK: Pfizer sharply increased its projections for 2021 revenues and profits on Tuesday, citing much higher...

Eli Lilly profit forecast trimmed as vaccines dent US demand for COVID-19 drugs

Published 27 Apr, 2021 08:23pm

Nearly 30% of the US population has been vaccinated against COVID-19, hitting demand for antibody drugs that already suffered from slower-than-expected uptake by hospitals.
Sales of other high-profile Lilly drugs also fell short of Wall Street expectations and its shares fell 3% to $181.64 in morning trading.

EU to get 50m Pfizer doses early as Denmark scraps AZ

Published 15 Apr, 2021 03:22am

BRUSSELS: The EU said Wednesday it would get 50 million Pfizer vaccine doses earlier than expected, as rival...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 28	278.05
USD PKR Interbank Buying / Jul 28	277.85
USD to Japanese Yen / Jul 29	163.55
USD to Swiss Franc / Jul 29	0.82
Pound Sterling to USD / Jul 29	1.33
Euro to USD / Jul 29	1.14
SOFR % / Jul 28	3.64

Stock	Volume
S&P 500 / Jul 28	7,428.78
Nasdaq / Jul 28	24,876.91
Dow Jones / Jul 28	52,747.32
India Sensex / Jul 29	77,603.30
Tokyo Nikkei / Jul 29	61,689.86
Hang Seng / Jul 29	25,684.44
FTSE 100 / Jul 29	10,884.40
Germany DAX 30 / Jul 29	25,391.76
France CAC40 / Jul 29	8,409.58

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 28	18,480
Gold 10 Grams PKR / Jul 28	366,457
Petrol/Litre / Jul 29	335.81
Crude Oil USD/Barrel / Jul 29	82.20
Gold Spot USD/Ounce / Jul 29	4,042.26
Diesel/Litre / Jul 29	388.38
Cotton US¢/pound / Jul 29	80.52

Gainers
Losers
Leaders

Stock	Price
Siddiqsons Tin / Jul 29 Siddiqsons Tin Plate Limited(STPL)	10.18 ▲ 1 (10.89%)
Gulistan Sp. / Jul 29 Gulistan Spinning Mills Limited(GUSM)	10.63 ▲ 0.98 (10.16%)
Reliance Ins. / Jul 29 Reliance Insurance Company Limited(RICL)	13.37 ▲ 1.22 (10.04%)
Premier Insurance / Jul 29 Premier Insurance Limited(PINL)	11.08 ▲ 1.01 (10.03%)
786 Invest Ltd / Jul 29 786 Investments Limited(786)	25.80 ▲ 2.35 (10.02%)
Trust Mod. / Jul 29 Trust Modaraba(TRSM)	19.99 ▲ 1.82 (10.02%)
Aisha Steel(ConPS) / Jul 29 Aisha Steel(ConPS)(ASLPS)	32.20 ▲ 2.93 (10.01%)
Prosperity Weav / Jul 29 Prosperity Weaving Mills Limited(PRWM)	68.05 ▲ 6.19 (10.01%)
Ruby Textile / Jul 29 Ruby Textile Mills Limited(RUBY)	18.25 ▲ 1.66 (10.01%)
Dadabhoy Cement / Jul 29 Dadabhoy Cement Industries Limited(DBCI)	25.19 ▲ 2.29 (10%)

Stock	Price
Khairpur Sug. / Jul 29 Khairpur Sugar Mills Limited(KPUS)	1,203.44 ▼ -133.71 (-10%)
Maqbool Textile / Jul 29 Maqbool Textile Mills Limited(MQTM)	29.94 ▼ -3.32 (-9.98%)
National Silk / Jul 29 The National Silk & Rayon Mills Limited(NSRM)	273.85 ▼ -30.25 (-9.95%)
Power Cem(Pref) / Jul 29 Power Cement (Pref)(POWERPS)	23.39 ▼ -2.47 (-9.55%)
Shahtaj Sugar / Jul 29 Shahtaj Sugar Mills Limited(SHJS)	158.50 ▼ -16.16 (-9.25%)
Chashma / Jul 29 Chashma Sugar Mills Limited(CHAS)	90.68 ▼ -8.91 (-8.95%)
Khalid Siraj / Jul 29 Khalid Siraj Textile Mills Limited(KSTM)	13.62 ▼ -1.18 (-7.97%)
First Tri-Star Mod. / Jul 29 First Tri-Star Modaraba(FTSM)	35.05 ▼ -2.91 (-7.67%)
Dewan Automotive Eng. / Jul 29 Dewan Automotive Engineering Limited(DWAE)	21.59 ▼ -1.77 (-7.58%)
Pak Engineering / Jul 29 Pakistan Engineering Company Limited(PECO)	695.64 ▼ -54.36 (-7.25%)

Stock	Volume
Cnergyico PK / Jul 29 Cnergyico PK Limited(CNERGY)	58,656,206 ▼ -0.19
Siddiqsons Tin / Jul 29 Siddiqsons Tin Plate Limited(STPL)	50,224,225 ▲ 1
WorldCall Telecom / Jul 29 Worldcall Telecom Limited(WTL)	48,951,979 ▼ -0.02
Trust Sec.& Brok. / Jul 29 Trust Securities & Brokerage Limited(TSBL)	40,353,000 ▼ -0.03
TPL Properties / Jul 29 TPL Properties Limited(TPLP)	18,561,709 ▲ 0.03
Samba Bank / Jul 29 Samba Bank Limited(SBL)	18,512,128 ▲ 1.04
Maple Leaf Cement / Jul 29 Maple Leaf Cement Factory Limited(MLCF)	18,349,587 ▼ -1.24
Pak Refinery / Jul 29 Pakistan Refinery Limited(PRL)	16,486,569 ▼ -1.78
TPL Corp Ltd / Jul 29 TPL Corp Limited(TPL)	14,771,037 ▼ -0.15
Pak Int.Bulk / Jul 29 Pakistan International Bulk Terminal(PIBTL)	12,828,985 ▲ 0.04

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