Sun Pharma receives nod to launch Winlevi¿ in Australia,
Sun Pharmaceutical Industries announced that the Australian Therapeutic Goods Administration (TGA) has granted regulatory approval for Winlevi� (clascoterone cream 1%). Winlevi� is indicated for the topical treatment of acne vulgaris in patients 12 years of age and older. As stated by Hellen de Kloet, Business Head � Western Europe, Australia and New Zealand, Sun Pharma �Winlevi� is an exciting addition to our expanding dermatology portfolio of innovative medicines in Australia. Winlevi`s novel mechanism of action will be a welcome addition to the physician`s toolkit while treating acne.� Diana Harbort, President of the Dermatology Division of Cosmo, said: �We are very pleased that Winlevi� will soon be available to patients in Australia. This is another achievement in the mission of Cosmo and Sun Pharma to improve the lives of patients affected by skin conditions.� Winlevi� will be available in Australia this June.Powered by Capital Market - Live News
Sun Pharma to acquire a minor stake in Surgimatix, Inc.,
Sun Pharmaceutical Industries has entered into an agreement with Surgimatix, Inc., pursuant to which Sun Pharma has agreed to acquire 16.33% shares of Surgimatix, Inc. for a cash consideration of USD 3.05 million. Surgimatix, Inc., is a company incorporated in the State of Michigan, having its headquarters and registered office at Illinois, US. The Company is engaged in the business of developing a proprietary soft tissue fixation device for laparoscopic hernia repair and other minimally invasive surgeries. Surgimatix, Inc., is yet to commence its commercial operations. Powered by Capital Market - Live News
Sun Pharmaceutical included in S&P Global Sustainability Yearbook 2024,
Sun Pharmaceutical Industries announced that it has been included in the S&P Global Sustainability Yearbook 2024. Within respective industries, this Yearbook aims to distinguish those companies that have demonstrated strengths in corporate sustainability.This recognition attests to Sun Pharma`s commitment to incorporate Environmental, Social, and Governance (ESG) principles through focused initiatives across its businesses.Powered by Capital Market - Live News
Sun Pharmaceuticals Industries consolidated net profit rises 16.52% in the December 2023 quarter,
Net profit of Sun Pharmaceuticals Industries rose 16.52% to Rs 2523.75 crore in the quarter ended December 2023 as against Rs 2166.01 crore during the previous quarter ended December 2022. Sales rose 9.52% to Rs 12156.86 crore in the quarter ended December 2023 as against Rs 11100.14 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales12156.8611100.14 10 OPM %28.6027.06 - PBDT3692.303131.42 18 PBT3070.162471.47 24 NP2523.752166.01 17 Powered by Capital Market - Live News
Board of Sun Pharmaceuticals Industries recommends Interim Dividend,
Sun Pharmaceuticals Industries announced that the Board of Directors of the Company at its meeting held on 31 January 2024, has recommended a Interim dividend of Rs.8.5 per share (i.e.850%), subject to the approval of the shareholders.Powered by Capital Market - Live News
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