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USFDA Tentative Approval
Alembic Pharmaceuticals has received tentative US approval to market generic Larotrectinib capsules, a kinase inhibitor used to treat certain solid tumors with NTRK gene fusions. The drug is a generic version of Bayer's Vitrakvi, with an estimated US market of $91 million. Alembic is the sole first applicant to have filed the ANDA with a Paragraph IV certification, making it eligible for 180 days of generic marketing exclusivity upon final approval. The company now has 241 cumulative ANDA approvals from the USFDA.
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Alembic Pharmaceuticals has received tentative US approval to market generic Larotrectinib capsules, a kinase inhibitor used to treat certain solid tumors with NTRK gene fusions. The drug is a generic version of Bayer's Vitrakvi, with an estimated US market of $91 million. Alembic is the sole first applicant to have filed the ANDA with a Paragraph IV certification, making it eligible for 180 days of generic marketing exclusivity upon final approval. The company now has 241 cumulative ANDA approvals from the USFDA.
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Alembic Pharmaceuticals Receives USFDA Tentative Approval For Larotrectinib Capsules 25 Mg And 100 Mg
June 11 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMACEUTICALS - RECEIVES USFDA TENTATIVE APPROVAL FOR LAROTRECTINIB CAPSULES 25 MG AND 100 MG
Source text: ID:nBSE6wNXFh
Further company coverage: ALEM.NS
(([email protected];))
June 11 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMACEUTICALS - RECEIVES USFDA TENTATIVE APPROVAL FOR LAROTRECTINIB CAPSULES 25 MG AND 100 MG
Source text: ID:nBSE6wNXFh
Further company coverage: ALEM.NS
(([email protected];))
Alembic Pharmaceuticals Receives USFDA Final Approval For Haloperidol Tablets
June 5 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMACEUTICALS LTD - RECEIVES USFDA FINAL APPROVAL FOR HALOPERIDOL TABLETS
Source text: ID:nBSE81KZcd
Further company coverage: ALEM.NS
(([email protected];))
June 5 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMACEUTICALS LTD - RECEIVES USFDA FINAL APPROVAL FOR HALOPERIDOL TABLETS
Source text: ID:nBSE81KZcd
Further company coverage: ALEM.NS
(([email protected];))
Alembic Pharmaceuticals Receives USFDA Final Approval For Levothyroxine Sodium Tablets
May 22 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMACEUTICALS LTD - RECEIVES USFDA FINAL APPROVAL FOR LEVOTHYROXINE SODIUM TABLETS
Source text: ID:nBSE8xgrM
Further company coverage: ALEM.NS
(([email protected];))
May 22 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMACEUTICALS LTD - RECEIVES USFDA FINAL APPROVAL FOR LEVOTHYROXINE SODIUM TABLETS
Source text: ID:nBSE8xgrM
Further company coverage: ALEM.NS
(([email protected];))
Alembic Pharmaceuticals Passes ANVISA GMP Inspection For API-III Facility At Karakhadi
May 15 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
PASSES ANVISA GMP INSPECTION FOR API-III FACILITY AT KARAKHADI
COMPLETES ANVISA GMP INSPECTION FOR MULTIPLE APIS WITHOUT OBSERVATION
Source text: ID:nBSE2N1s8F
Further company coverage: ALEM.NS
(([email protected];;))
May 15 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
PASSES ANVISA GMP INSPECTION FOR API-III FACILITY AT KARAKHADI
COMPLETES ANVISA GMP INSPECTION FOR MULTIPLE APIS WITHOUT OBSERVATION
Source text: ID:nBSE2N1s8F
Further company coverage: ALEM.NS
(([email protected];;))
Alembic Pharmaceuticals Receives USFDA Establishment Inspection Report (Eir) For Its Injectable Facility
May 14 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMACEUTICALS LTD - RECEIVES USFDA ESTABLISHMENT INSPECTION REPORT (EIR) FOR ITS INJECTABLE FACILITY
Further company coverage: ALEM.NS
(([email protected];))
May 14 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMACEUTICALS LTD - RECEIVES USFDA ESTABLISHMENT INSPECTION REPORT (EIR) FOR ITS INJECTABLE FACILITY
Further company coverage: ALEM.NS
(([email protected];))
Alembic Pharmaceuticals Incorporates Wholly Owned Subsidiary In Germany
April 23 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMACEUTICALS LTD - INCORPORATES WHOLLY OWNED SUBSIDIARY IN GERMANY
Source text: ID:nBSEbY81G7
Further company coverage: ALEM.NS
(([email protected];))
April 23 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMACEUTICALS LTD - INCORPORATES WHOLLY OWNED SUBSIDIARY IN GERMANY
Source text: ID:nBSEbY81G7
Further company coverage: ALEM.NS
(([email protected];))
Alembic Pharmaceuticals Ltd Incorporates Subsidiary In Philippines
April 22 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMACEUTICALS LTD - INCORPORATES SUBSIDIARY IN PHILIPPINES
Source text: ID:nNSE95WCpM
Further company coverage: ALEM.NS
(([email protected];))
April 22 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMACEUTICALS LTD - INCORPORATES SUBSIDIARY IN PHILIPPINES
Source text: ID:nNSE95WCpM
Further company coverage: ALEM.NS
(([email protected];))
Alembic Pharmaceuticals Ltd Receives USFDA Final Approval For Methotrexate Injection USP
April 16 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMACEUTICALS LTD - RECEIVES USFDA FINAL APPROVAL FOR METHOTREXATE INJECTION USP
Source text: ID:nBSEbNy6dQ
Further company coverage: ALEM.NS
(([email protected];))
April 16 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMACEUTICALS LTD - RECEIVES USFDA FINAL APPROVAL FOR METHOTREXATE INJECTION USP
Source text: ID:nBSEbNy6dQ
Further company coverage: ALEM.NS
(([email protected];))
Alembic Pharma Gets USFDA Final Approval For Paroxetine Extended-Release Tablets 12.5 Mg
March 27 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
RECEIVES USFDA FINAL APPROVAL FOR PAROXETINE EXTENDED-RELEASE TABLETS 12.5 MG
Source text: ID:nNSE7Pbgb2
Further company coverage: ALEM.NS
(([email protected];))
March 27 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
RECEIVES USFDA FINAL APPROVAL FOR PAROXETINE EXTENDED-RELEASE TABLETS 12.5 MG
Source text: ID:nNSE7Pbgb2
Further company coverage: ALEM.NS
(([email protected];))
Alembic Pharmaceuticals Incorporates Subsidiary In Thailand
March 9 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMACEUTICALS LTD - INCORPORATES SUBSIDIARY IN THAILAND
Source text: ID:nBSE13s4Pq
Further company coverage: ALEM.NS
(([email protected];))
March 9 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMACEUTICALS LTD - INCORPORATES SUBSIDIARY IN THAILAND
Source text: ID:nBSE13s4Pq
Further company coverage: ALEM.NS
(([email protected];))
Alembic Pharmaceuticals Receives USFDA Final Approval For Efinaconazole Topical Solution, 10%
Feb 24 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
RECEIVES USFDA FINAL APPROVAL FOR EFINACONAZOLE TOPICAL SOLUTION, 10%
Source text: [ID:]
Further company coverage: ALEM.NS
(([email protected];;))
Feb 24 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
RECEIVES USFDA FINAL APPROVAL FOR EFINACONAZOLE TOPICAL SOLUTION, 10%
Source text: [ID:]
Further company coverage: ALEM.NS
(([email protected];;))
Alembic Pharma Q3 Consol Profit 1.33 Billion Rupees
Feb 5 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMA Q3 CONSOL PROFIT 1.33 BILLION RUPEES
ALEMBIC PHARMA Q3 CONSOL REVENUE FROM OPERATIONS 18.76 BILLION RUPEES
Further company coverage: ALEM.NS
(([email protected];))
Feb 5 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMA Q3 CONSOL PROFIT 1.33 BILLION RUPEES
ALEMBIC PHARMA Q3 CONSOL REVENUE FROM OPERATIONS 18.76 BILLION RUPEES
Further company coverage: ALEM.NS
(([email protected];))
Alembic Pharmaceuticals Receives USFDA Final Approval For Difluprednate Emulsion
Jan 27 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
RECEIVES USFDA FINAL APPROVAL FOR DIFLUPREDNATE EMULSION
Source text: ID:nBSEb81XsX
Further company coverage: ALEM.NS
(([email protected];))
Jan 27 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
RECEIVES USFDA FINAL APPROVAL FOR DIFLUPREDNATE EMULSION
Source text: ID:nBSEb81XsX
Further company coverage: ALEM.NS
(([email protected];))
Alembic Pharmaceuticals Receives USFDA Tentative Approval For Bosutinib Tablets, 400 Mg
Jan 12 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
RECEIVES USFDA TENTATIVE APPROVAL FOR BOSUTINIB TABLETS, 400 MG
Source text: ID:nBSEVfNtG
Further company coverage: ALEM.NS
(([email protected];))
Jan 12 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
RECEIVES USFDA TENTATIVE APPROVAL FOR BOSUTINIB TABLETS, 400 MG
Source text: ID:nBSEVfNtG
Further company coverage: ALEM.NS
(([email protected];))
Alembic Pharmaceuticals Receives USFDA Approval For Ticagrelor Tablets, 60 Mg
Oct 29 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMACEUTICALS LTD - RECEIVES USFDA APPROVAL FOR TICAGRELOR TABLETS, 60 MG
Source text: ID:nBSE5Sbvxm
Further company coverage: ALEM.NS
(([email protected];))
Oct 29 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMACEUTICALS LTD - RECEIVES USFDA APPROVAL FOR TICAGRELOR TABLETS, 60 MG
Source text: ID:nBSE5Sbvxm
Further company coverage: ALEM.NS
(([email protected];))
India's Alembic Pharma gains after US FDA nod for hypertension drug
** Shares of Alembic Pharmaceuticals Ltd ALEM.NS rise as much as 2.8% to 999 rupees
** Stock on track to gain for third straight session
** Co gets final approval from the U.S. Food and Drug Administration (USFDA) for Macitentan Tablets, 10 mg, used to treat pulmonary arterial hypertension
** Mean rating of stock is 'buy'; their median PT is 990 rupees - data compiled by LSEG
** ALEM last up 0.7%, cutting YTD losses to 8.9%
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
** Shares of Alembic Pharmaceuticals Ltd ALEM.NS rise as much as 2.8% to 999 rupees
** Stock on track to gain for third straight session
** Co gets final approval from the U.S. Food and Drug Administration (USFDA) for Macitentan Tablets, 10 mg, used to treat pulmonary arterial hypertension
** Mean rating of stock is 'buy'; their median PT is 990 rupees - data compiled by LSEG
** ALEM last up 0.7%, cutting YTD losses to 8.9%
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
Alembic Pharmaceuticals Unit Buys Utility Therapeutics
July 3 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMACEUTICALS LTD - UNIT BUYS UTILITY THERAPEUTICS
ALEMBIC PHARMACEUTICALS LTD - COST OF ACQUISITION ABOUT $12 MILLION
ALEMBIC PHARMACEUTICALS LTD - ACQUISITION TO MARKET USFDA APPROVED PRODUCT IN USA
Source text: ID:nBSE9yth3r
Further company coverage: ALEM.NS
(([email protected];))
July 3 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMACEUTICALS LTD - UNIT BUYS UTILITY THERAPEUTICS
ALEMBIC PHARMACEUTICALS LTD - COST OF ACQUISITION ABOUT $12 MILLION
ALEMBIC PHARMACEUTICALS LTD - ACQUISITION TO MARKET USFDA APPROVED PRODUCT IN USA
Source text: ID:nBSE9yth3r
Further company coverage: ALEM.NS
(([email protected];))
Alembic Pharmaceuticals Receives USFDA Final Approval For Ticagrelor Tablets, 90 Mg
May 2 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
RECEIVES USFDA FINAL APPROVAL FOR TICAGRELOR TABLETS, 90 MG
RECEIVES USFDA TENTATIVE APPROVAL FOR TICAGRELOR TABLETS, 60 MG
Source text: [ID:]
Further company coverage: ALEM.NS
(([email protected];;))
May 2 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
RECEIVES USFDA FINAL APPROVAL FOR TICAGRELOR TABLETS, 90 MG
RECEIVES USFDA TENTATIVE APPROVAL FOR TICAGRELOR TABLETS, 60 MG
Source text: [ID:]
Further company coverage: ALEM.NS
(([email protected];;))
Indian chemical makers drop on US reciprocal tariffs
** Shares of Indian chemical makers SRF SRFL.NS, UPL UPLL.NS drop 5.1% and 1.6%, respectively, while Navin Fluorine NAFL.NS plunged 5.4%
** Deepak Nitrite DPNT.NS down 2.4%
** U.S. President Donald Trump imposed 26% reciprocal tariffs on Indian imports as part of his wider plan to levy a 10% baseline tariff on all imports from April 5
** Sectors including chemicals likely to take major hit from the broader tariffs, analysts at Nirmal Bang said in a note
** Chemicals account for about 4.01% of India's exports share to the U.S. - Nirmal Bang
** SRFL, DPNT rated "hold" on avg, UPL, NAFL rated "Buy" - data compiled by LSEG
** Year-to-date, SRFL, UPLL, NAFL, up 33%, ~31%, ~31%, while DPNT down ~19%
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of Indian chemical makers SRF SRFL.NS, UPL UPLL.NS drop 5.1% and 1.6%, respectively, while Navin Fluorine NAFL.NS plunged 5.4%
** Deepak Nitrite DPNT.NS down 2.4%
** U.S. President Donald Trump imposed 26% reciprocal tariffs on Indian imports as part of his wider plan to levy a 10% baseline tariff on all imports from April 5
** Sectors including chemicals likely to take major hit from the broader tariffs, analysts at Nirmal Bang said in a note
** Chemicals account for about 4.01% of India's exports share to the U.S. - Nirmal Bang
** SRFL, DPNT rated "hold" on avg, UPL, NAFL rated "Buy" - data compiled by LSEG
** Year-to-date, SRFL, UPLL, NAFL, up 33%, ~31%, ~31%, while DPNT down ~19%
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
India's Alembic Pharma slides after US FDA issues observation on facility
** Shares of Alembic Pharmaceuticals ALEM.NS down 2.8% to 821.1 rupees
** Co says the US Food and Drug Administration concludes inspection at co's bioequivalence facility at Vadodara and issued a Form 483 with a procedural observation
** Co did not specify the nature of the observation
** Stock set to snap six straight sessions of gains
** Stock trading below its 50-day, 100-day, 200-day simple moving avgs since Jan, indicating bearish sentiment
** Avg rating of ten analysts covering the stock is "hold" and median PT is 1,032 rupees, ~26% higher than current price - LSEG data
** ALEM gained 40.4% in 2024
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected]; +91 8697274436;))
** Shares of Alembic Pharmaceuticals ALEM.NS down 2.8% to 821.1 rupees
** Co says the US Food and Drug Administration concludes inspection at co's bioequivalence facility at Vadodara and issued a Form 483 with a procedural observation
** Co did not specify the nature of the observation
** Stock set to snap six straight sessions of gains
** Stock trading below its 50-day, 100-day, 200-day simple moving avgs since Jan, indicating bearish sentiment
** Avg rating of ten analysts covering the stock is "hold" and median PT is 1,032 rupees, ~26% higher than current price - LSEG data
** ALEM gained 40.4% in 2024
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected]; +91 8697274436;))
Alembic Pharmaceuticals Says USFDA Conducted Inspection At Bioequivalence Facility, Vadodara From 3-7 March
March 7 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
USFDA CONDUCTED INSPECTION AT BIOEQUIVALENCE FACILITY, VADODARA FROM 3-7 MARCH
USFDA ISSUED FORM 483 WITH ONE PROCEDURAL OBSERVATION
Source text: ID:nBSEbDYv94
Further company coverage: ALEM.NS
(([email protected];))
March 7 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
USFDA CONDUCTED INSPECTION AT BIOEQUIVALENCE FACILITY, VADODARA FROM 3-7 MARCH
USFDA ISSUED FORM 483 WITH ONE PROCEDURAL OBSERVATION
Source text: ID:nBSEbDYv94
Further company coverage: ALEM.NS
(([email protected];))
Alembic Pharma Q3 Consol Profit 1.38 Billion Rupees
Feb 3 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMA Q3 CONSOL PROFIT 1.38 BILLION RUPEES
ALEMBIC PHARMA Q3 CONSOL REVENUE FROM OPERATIONS 16.93 BILLION RUPEES
Source text: ID:nnAPN2MFDDT
Further company coverage: ALEM.NS
(([email protected];))
Feb 3 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMA Q3 CONSOL PROFIT 1.38 BILLION RUPEES
ALEMBIC PHARMA Q3 CONSOL REVENUE FROM OPERATIONS 16.93 BILLION RUPEES
Source text: ID:nnAPN2MFDDT
Further company coverage: ALEM.NS
(([email protected];))
Alembic Pharmaceuticals Receives USFDA Final Approval For Divalproex Sodium Capsules
Dec 20 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
RECEIVES USFDA FINAL APPROVAL FOR DIVALPROEX SODIUM CAPSULES
Source text: ID:nBSE55n0XJ
Further company coverage: ALEM.NS
(([email protected];;))
Dec 20 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
RECEIVES USFDA FINAL APPROVAL FOR DIVALPROEX SODIUM CAPSULES
Source text: ID:nBSE55n0XJ
Further company coverage: ALEM.NS
(([email protected];;))
Alembic Pharmaceuticals Passes Anvisa GMP Audit For API-II Facility
Dec 11 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMACEUTICALS LTD - PASSES ANVISA GMP AUDIT FOR API-II FACILITY
ALEMBIC PHARMACEUTICALS LTD - COMPLETES ANVISA GMP AUDIT FOR 8 APIS AT API-II FACILITY
Source text: ID:nBSE4NPfP1
Further company coverage: ALEM.NS
(([email protected];;))
Dec 11 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMACEUTICALS LTD - PASSES ANVISA GMP AUDIT FOR API-II FACILITY
ALEMBIC PHARMACEUTICALS LTD - COMPLETES ANVISA GMP AUDIT FOR 8 APIS AT API-II FACILITY
Source text: ID:nBSE4NPfP1
Further company coverage: ALEM.NS
(([email protected];;))
Alembic Pharmaceuticals Dissolves Six Step-Down Subsidiaries
Dec 6 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
DISSOLVES SIX STEP-DOWN SUBSIDIARIES
Source text: ID:nNSE4gDH4h
Further company coverage: ALEM.NS
(([email protected];;))
Dec 6 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
DISSOLVES SIX STEP-DOWN SUBSIDIARIES
Source text: ID:nNSE4gDH4h
Further company coverage: ALEM.NS
(([email protected];;))
Alembic Pharmaceuticals Gets USFDA Tentative Approval For Olopatadine Hydrochloride Ophthalmic
Dec 4 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMACEUTICALS - GETS USFDA TENTATIVE APPROVAL FOR OLOPATADINE HYDROCHLORIDE OPHTHALMIC
Source text: ID:nBSE7j4ZVv
Further company coverage: ALEM.NS
(([email protected];))
Dec 4 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMACEUTICALS - GETS USFDA TENTATIVE APPROVAL FOR OLOPATADINE HYDROCHLORIDE OPHTHALMIC
Source text: ID:nBSE7j4ZVv
Further company coverage: ALEM.NS
(([email protected];))
Indian drugmaker Alembic Pharma misses Q2 profit view as US sales growth slows
Nov 7 (Reuters) - Indian drugmaker Alembic Pharmaceuticals ALEM.NS reported a smaller-than-expected rise in second-quarter profit on Thursday, hurt by a slowdown in the U.S. market amid pricing pressure.
The company's consolidated profit rose 12% to 1.53 billion rupees ($18.1 million) in the quarter ended Sept. 30, but fell short of the analysts' expectation of 1.55 billion rupees, per estimates compiled by LSEG.
Revenue from operations, which rose 3.3% to 16.48 billion rupees, also missed analysts' estimates of 17.14 billion rupees, per data compiled by LSEG.
U.S. generics sales grew 5%, but slowed down from an 18% rise in the previous quarter.
KEY CONTEXT
Indian generic drugmakers earn a significant share of their revenue from the U.S., the world's biggest pharmaceutical market.
While Alembic's larger rivals Cipla CIPL.NS and Sun Pharma SUN.NS beat quarterly profit estimates due to strong U.S. demand, they have also been grappling with lower prices amid stiff competition.
For further earnings highlights, click [Full Story]
PEER COMPARISON
Valuation (next 12 months) | Estimates (next 12 months) | Analysts' sentiment | ||||||||
RIC | PE | EV/EBITDA | Price/Sales | Revenue growth | profit growth | Mean rating | # of analysts | Stock to price target | Div yield (%) | |
Alembic Pharmaceuticals | ALEM.NS | 27.95 | 17.41 | NULL | 11.06 | 20.74 | HOLD | 9 | 1.00 | 0.96 |
Zydus Lifesciences | ZYDU.NS | 21.32 | 15.17 | 4.03 | 9.94 | 9.15 | HOLD | 27 | 0.87 | 0.30 |
Dr Reddy's Laboratories | REDY.NS | 18.46 | 11.82 | 3.27 | 11.02 | 5.84 | HOLD | 35 | 0.97 | 0.61 |
Cipla | CIPL.NS | 25.90 | 16.39 | 3.79 | 8.18 | 9.91 | HOLD | 33 | 0.97 | 0.82 |
JULY TO SEPTEMBER STOCK PERFORMANCE
-- All data from LSEG
--$1 = 84.3475 Indian rupees
JULY TO SEPTEMBER STOCK PERFORMANCE https://tmsnrt.rs/4fe4H3z
(Reporting by Nishit Navin; Editing by Mrigank Dhaniwala)
(([email protected];))
Nov 7 (Reuters) - Indian drugmaker Alembic Pharmaceuticals ALEM.NS reported a smaller-than-expected rise in second-quarter profit on Thursday, hurt by a slowdown in the U.S. market amid pricing pressure.
The company's consolidated profit rose 12% to 1.53 billion rupees ($18.1 million) in the quarter ended Sept. 30, but fell short of the analysts' expectation of 1.55 billion rupees, per estimates compiled by LSEG.
Revenue from operations, which rose 3.3% to 16.48 billion rupees, also missed analysts' estimates of 17.14 billion rupees, per data compiled by LSEG.
U.S. generics sales grew 5%, but slowed down from an 18% rise in the previous quarter.
KEY CONTEXT
Indian generic drugmakers earn a significant share of their revenue from the U.S., the world's biggest pharmaceutical market.
While Alembic's larger rivals Cipla CIPL.NS and Sun Pharma SUN.NS beat quarterly profit estimates due to strong U.S. demand, they have also been grappling with lower prices amid stiff competition.
For further earnings highlights, click [Full Story]
PEER COMPARISON
Valuation (next 12 months) | Estimates (next 12 months) | Analysts' sentiment | ||||||||
RIC | PE | EV/EBITDA | Price/Sales | Revenue growth | profit growth | Mean rating | # of analysts | Stock to price target | Div yield (%) | |
Alembic Pharmaceuticals | ALEM.NS | 27.95 | 17.41 | NULL | 11.06 | 20.74 | HOLD | 9 | 1.00 | 0.96 |
Zydus Lifesciences | ZYDU.NS | 21.32 | 15.17 | 4.03 | 9.94 | 9.15 | HOLD | 27 | 0.87 | 0.30 |
Dr Reddy's Laboratories | REDY.NS | 18.46 | 11.82 | 3.27 | 11.02 | 5.84 | HOLD | 35 | 0.97 | 0.61 |
Cipla | CIPL.NS | 25.90 | 16.39 | 3.79 | 8.18 | 9.91 | HOLD | 33 | 0.97 | 0.82 |
JULY TO SEPTEMBER STOCK PERFORMANCE
-- All data from LSEG
--$1 = 84.3475 Indian rupees
JULY TO SEPTEMBER STOCK PERFORMANCE https://tmsnrt.rs/4fe4H3z
(Reporting by Nishit Navin; Editing by Mrigank Dhaniwala)
(([email protected];))
Alembic Pharmaceuticals Says Completion Of USFDA Inspection At Co's Oncology Formulation Facility
Oct 9 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMACEUTICALS LTD - COMPLETION OF USFDA INSPECTION AT CO'S ONCOLOGY FORMULATION FACILITY
ALEMBIC PHARMACEUTICALS LTD - USFDA INSPECTION INSPECTION COMPLETED WITHOUT ANY FORM 483 OBSERVATION
Source text for Eikon: ID:nBSE9J20nV
Further company coverage: ALEM.NS
(([email protected];))
Oct 9 (Reuters) - Alembic Pharmaceuticals Ltd ALEM.NS:
ALEMBIC PHARMACEUTICALS LTD - COMPLETION OF USFDA INSPECTION AT CO'S ONCOLOGY FORMULATION FACILITY
ALEMBIC PHARMACEUTICALS LTD - USFDA INSPECTION INSPECTION COMPLETED WITHOUT ANY FORM 483 OBSERVATION
Source text for Eikon: ID:nBSE9J20nV
Further company coverage: ALEM.NS
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India's Alembic Pharma rises on US FDA nod for eye treatment drug
** Shares of Alembic Pharmaceuticals ALEM.NS rise as much as 2.7%; last up 1.8% to 1,262.9 rupees
** Co got U.S. FDA approval for Alcaftadine Ophthalmic Solution, 0.25% - used in treatment of itchiness of eyes
** Stock up 5.7% this week, set for second straight weekly gain
** ALEM, rivals Zydus Lifesciences ZYDU.NS and Lupin LUPN.NS rated "hold" on avg
** ALEM up ~67% YTD, ZYDU and LUPN up ~56% and ~69% respectively
(Reporting by Varun Vyas in Bengaluru)
** Shares of Alembic Pharmaceuticals ALEM.NS rise as much as 2.7%; last up 1.8% to 1,262.9 rupees
** Co got U.S. FDA approval for Alcaftadine Ophthalmic Solution, 0.25% - used in treatment of itchiness of eyes
** Stock up 5.7% this week, set for second straight weekly gain
** ALEM, rivals Zydus Lifesciences ZYDU.NS and Lupin LUPN.NS rated "hold" on avg
** ALEM up ~67% YTD, ZYDU and LUPN up ~56% and ~69% respectively
(Reporting by Varun Vyas in Bengaluru)
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What does Alembic Pharma do?
Alembic Pharmaceuticals Limited is a top pharmaceutical company in India known for its expertise in India Formulations, International Generics, and Active Pharmaceutical Ingredients. It excels in oncology, injectables, and ophthalmology.
Who are the competitors of Alembic Pharma?
Alembic Pharma major competitors are Natco Pharma, Jubilant Pharmova, Marksans Pharma, Caplin Point Lab, Viyash Scientific, Procter&Gamble Healt, Strides Pharma Scien. Market Cap of Alembic Pharma is ₹14,550 Crs. While the median market cap of its peers are ₹11,211 Crs.
Is Alembic Pharma financially stable compared to its competitors?
Alembic Pharma seems to be less financially stable compared to its competitors. Altman Z score of Alembic Pharma is 5.14 and is ranked 6 out of its 8 competitors.
Does Alembic Pharma pay decent dividends?
The company seems to pay a good stable dividend. Alembic Pharma latest dividend payout ratio is 37.06% and 3yr average dividend payout ratio is 39.38%
How has Alembic Pharma allocated its funds?
Companies resources are allocated to majorly unproductive assets like Inventory
How strong is Alembic Pharma balance sheet?
Balance sheet of Alembic Pharma is strong. But short term working capital might become an issue for this company.
Is the profitablity of Alembic Pharma improving?
The profit is oscillating. The profit of Alembic Pharma is ₹671 Crs for TTM, ₹583 Crs for Mar 2025 and ₹616 Crs for Mar 2024.
Is the debt of Alembic Pharma increasing or decreasing?
Yes, The net debt of Alembic Pharma is increasing. Latest net debt of Alembic Pharma is ₹1,158 Crs as of Mar-26. This is greater than Mar-25 when it was ₹1,016 Crs.
Is Alembic Pharma stock expensive?
Alembic Pharma is not expensive. Latest PE of Alembic Pharma is 21.76, while 3 year average PE is 30.84. Also latest EV/EBITDA of Alembic Pharma is 14.16 while 3yr average is 18.71.
Has the share price of Alembic Pharma grown faster than its competition?
Alembic Pharma has given lower returns compared to its competitors. Alembic Pharma has grown at ~3.22% over the last 10yrs while peers have grown at a median rate of 10.61%
Is the promoter bullish about Alembic Pharma?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Alembic Pharma is 69.74% and last quarter promoter holding is 69.74%.
Are mutual funds buying/selling Alembic Pharma?
The mutual fund holding of Alembic Pharma is decreasing. The current mutual fund holding in Alembic Pharma is 8.18% while previous quarter holding is 8.22%.