Aurobindo Pharma
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- CASI Pharmaceuticals reached a settlement with Acrotech Biopharma to resolve an arbitration tied to Evomela commercialization rights in China.
- The deal rescinds Acrotech’s prior purported termination of the 2014 license agreement, reinstating it subject to revisions.
- Revisions include minimum Evomela unit purchase obligations for certain years.
- The parties will seek dismissal of the arbitration with prejudice.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CASI Pharmaceuticals Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-078452), on June 29, 2026, and is solely responsible for the information contained therein.
- CASI Pharmaceuticals reached a settlement with Acrotech Biopharma to resolve an arbitration tied to Evomela commercialization rights in China.
- The deal rescinds Acrotech’s prior purported termination of the 2014 license agreement, reinstating it subject to revisions.
- Revisions include minimum Evomela unit purchase obligations for certain years.
- The parties will seek dismissal of the arbitration with prejudice.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CASI Pharmaceuticals Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-078452), on June 29, 2026, and is solely responsible for the information contained therein.
June 22 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - AUROBINDO PHARMA USA RECEIVES FTC APPROVAL TO ACQUIRE LANNETT COMPANY
AUROBINDO PHARMA - DEAL VALUED AT $250 MILLION
Source text: ID:nnAZN4T3F3C
Further company coverage: ARBN.NS
(([email protected];))
June 22 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - AUROBINDO PHARMA USA RECEIVES FTC APPROVAL TO ACQUIRE LANNETT COMPANY
AUROBINDO PHARMA - DEAL VALUED AT $250 MILLION
Source text: ID:nnAZN4T3F3C
Further company coverage: ARBN.NS
(([email protected];))
Aurobindo Pharma has received approval from the US Federal Trade Commission for its acquisition of Lannett Company, a deal first announced in July 2025. The company said it expects the transaction to close before the end of June, a faster timeline than previously indicated. The approval removes a key regulatory hurdle for the purchase, which is being executed through Aurobindo's US subsidiary. The acquisition had been anticipated to close in early Q2 of the current fiscal year but now appears set to complete sooner. Aurobindo did not disclose the financial terms of the deal again in the filing. The Lannett business is expected to strengthen Aurobindo's presence in the US generics market.
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Aurobindo Pharma has received approval from the US Federal Trade Commission for its acquisition of Lannett Company, a deal first announced in July 2025. The company said it expects the transaction to close before the end of June, a faster timeline than previously indicated. The approval removes a key regulatory hurdle for the purchase, which is being executed through Aurobindo's US subsidiary. The acquisition had been anticipated to close in early Q2 of the current fiscal year but now appears set to complete sooner. Aurobindo did not disclose the financial terms of the deal again in the filing. The Lannett business is expected to strengthen Aurobindo's presence in the US generics market.
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June 19 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - UNIT TO BUY 100% OF LANNETT COMPANY
AUROBINDO PHARMA - OBTAINS US FTC APPROVAL FOR LANNETT ACQUISITION
AUROBINDO PHARMA - EXPECTS LANNETT DEAL TO CLOSE BEFORE END OF JUNE 2026
Source text: ID:nBSE51F0Jx
Further company coverage: ARBN.NS
(([email protected];))
June 19 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - UNIT TO BUY 100% OF LANNETT COMPANY
AUROBINDO PHARMA - OBTAINS US FTC APPROVAL FOR LANNETT ACQUISITION
AUROBINDO PHARMA - EXPECTS LANNETT DEAL TO CLOSE BEFORE END OF JUNE 2026
Source text: ID:nBSE51F0Jx
Further company coverage: ARBN.NS
(([email protected];))
Adds FTC quote and context to paragraphs 2 and 3
June 18 (Reuters) - The U.S. Federal Trade Commission is requiring Aurobindo Pharma Limited ARBN.NS to divest four different generic drug products to complete its $250 million acquisition of Lannett Company Inc., the agency said on Thursday in a statement.
The agency will require Aurobindo to divest to Quagen Pharmaceuticals an immunosuppressant prescribed to prevent organ transplant rejection, a cholesterol management drug, a drug prescribed to treat dry mouth in radiation therapy patients and a drug prescribed to reduce stomach acid.
"Aurobindo’s acquisition of Lannett would combine two of a limited number of competitors in the markets for four different generic pharmaceutical products that provide critical relief for patients, ranging from drugs used to prevent organ transplant rejection to tablets that treat dry mouth after radiation therapy," the FTC said.
(Reporting by Ryan Patrick Jones, Writing by Christian Martinez; Editing by Doina Chiacu)
Adds FTC quote and context to paragraphs 2 and 3
June 18 (Reuters) - The U.S. Federal Trade Commission is requiring Aurobindo Pharma Limited ARBN.NS to divest four different generic drug products to complete its $250 million acquisition of Lannett Company Inc., the agency said on Thursday in a statement.
The agency will require Aurobindo to divest to Quagen Pharmaceuticals an immunosuppressant prescribed to prevent organ transplant rejection, a cholesterol management drug, a drug prescribed to treat dry mouth in radiation therapy patients and a drug prescribed to reduce stomach acid.
"Aurobindo’s acquisition of Lannett would combine two of a limited number of competitors in the markets for four different generic pharmaceutical products that provide critical relief for patients, ranging from drugs used to prevent organ transplant rejection to tablets that treat dry mouth after radiation therapy," the FTC said.
(Reporting by Ryan Patrick Jones, Writing by Christian Martinez; Editing by Doina Chiacu)
** Shares of India's Aurobindo Pharma ARBN.NS down 1.3% to 1,453.8 rupees, snapping a three-session winning streak
** Stock set for biggest percentage fall since May 27, if losses hold
** US FDA on Friday flagged inspection classification of subsidiary's facility in Telangana as "official action indicated" - most serious FDA inspection classification
** Regulator concluded the inspection with 11 observations, co said
** ARBN noted it is committed to maintaining quality manufacturing standards across all facilities
** YTD, stock up 12.47%
(Reporting by Saikeerthi in Bengaluru)
(([email protected]; (+91) 8296756080))
** Shares of India's Aurobindo Pharma ARBN.NS down 1.3% to 1,453.8 rupees, snapping a three-session winning streak
** Stock set for biggest percentage fall since May 27, if losses hold
** US FDA on Friday flagged inspection classification of subsidiary's facility in Telangana as "official action indicated" - most serious FDA inspection classification
** Regulator concluded the inspection with 11 observations, co said
** ARBN noted it is committed to maintaining quality manufacturing standards across all facilities
** YTD, stock up 12.47%
(Reporting by Saikeerthi in Bengaluru)
(([email protected]; (+91) 8296756080))
Aurobindo Pharma's wholly owned subsidiary Eugia Pharma Specialities Ltd received an official action indicated classification from the US FDA for its Unit-III formulation manufacturing facility in Pashamylaram, Telangana. The inspection took place from January 27 to February 6, 2026, and concluded with 11 observations. The OAI designation signals that the agency found serious violations and may pursue enforcement actions such as a warning letter or import restrictions. Aurobindo said the classification would have no immediate financial or operational impact and vowed to maintain high manufacturing standards. The development follows a similar OAI classification for the company's Unit-I facility earlier this year.
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Aurobindo Pharma's wholly owned subsidiary Eugia Pharma Specialities Ltd received an official action indicated classification from the US FDA for its Unit-III formulation manufacturing facility in Pashamylaram, Telangana. The inspection took place from January 27 to February 6, 2026, and concluded with 11 observations. The OAI designation signals that the agency found serious violations and may pursue enforcement actions such as a warning letter or import restrictions. Aurobindo said the classification would have no immediate financial or operational impact and vowed to maintain high manufacturing standards. The development follows a similar OAI classification for the company's Unit-I facility earlier this year.
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June 12 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - FDA CLASSIFIES EUGIA UNIT-III INSPECTION AS OFFICIAL ACTION INDICATED (OAI)
AUROBINDO PHARMA - US FDA INSPECTED EUGIA UNIT-III FROM JAN 27 TO FEB 6, 2026 WITH 11 OBSERVATIONS
Source text: ID:nNSE4MQDjD
Further company coverage: ARBN.NS
(([email protected];))
June 12 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - FDA CLASSIFIES EUGIA UNIT-III INSPECTION AS OFFICIAL ACTION INDICATED (OAI)
AUROBINDO PHARMA - US FDA INSPECTED EUGIA UNIT-III FROM JAN 27 TO FEB 6, 2026 WITH 11 OBSERVATIONS
Source text: ID:nNSE4MQDjD
Further company coverage: ARBN.NS
(([email protected];))
June 4 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - RECEIVES FINAL US FDA APPROVAL FOR TOFACITINIB TABLETS, 5 MG AND 10 MG
Source text: ID:nNSE3hZSH6
Further company coverage: ARBN.NS
(([email protected];))
June 4 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - RECEIVES FINAL US FDA APPROVAL FOR TOFACITINIB TABLETS, 5 MG AND 10 MG
Source text: ID:nNSE3hZSH6
Further company coverage: ARBN.NS
(([email protected];))
May 22 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - UNIT INCORPORATES NEW SUBSIDIARY, ARROW PHARMA PRODUCTION SAS, IN FRANCE
Source text: ID:nNSE7dLxTn
Further company coverage: ARBN.NS
(([email protected];))
May 22 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - UNIT INCORPORATES NEW SUBSIDIARY, ARROW PHARMA PRODUCTION SAS, IN FRANCE
Source text: ID:nNSE7dLxTn
Further company coverage: ARBN.NS
(([email protected];))
May 21 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
MARCH-QUARTER CONSOL NET PAT 9.21 BILLION RUPEES
MARCH-QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 88.53 BILLION RUPEES
Source text: [ID:]
Further company coverage: ARBN.NS
(([email protected];))
May 21 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
MARCH-QUARTER CONSOL NET PAT 9.21 BILLION RUPEES
MARCH-QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 88.53 BILLION RUPEES
Source text: [ID:]
Further company coverage: ARBN.NS
(([email protected];))
May 6 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - US FDA INSPECTS AUROBINDO PHARMA UNIT-VII IN TELANGANA FROM JAN 28 TO FEB 10, 2026
AUROBINDO PHARMA - US FDA ISSUES FORM 483 WITH 9 OBSERVATIONS FOR AUROBINDO PHARMA UNIT-VII
AUROBINDO PHARMA - UNIT RECEIVES EIR CLASSIFIED AS "VOLUNTARY ACTION INDICATED", FDA HAS CONCLUDED THAT THIS INSPECTION IS NOW CLOSED
Source text: ID:nBSE15L6dt
Further company coverage: ARBN.NS
(([email protected];))
May 6 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - US FDA INSPECTS AUROBINDO PHARMA UNIT-VII IN TELANGANA FROM JAN 28 TO FEB 10, 2026
AUROBINDO PHARMA - US FDA ISSUES FORM 483 WITH 9 OBSERVATIONS FOR AUROBINDO PHARMA UNIT-VII
AUROBINDO PHARMA - UNIT RECEIVES EIR CLASSIFIED AS "VOLUNTARY ACTION INDICATED", FDA HAS CONCLUDED THAT THIS INSPECTION IS NOW CLOSED
Source text: ID:nBSE15L6dt
Further company coverage: ARBN.NS
(([email protected];))
May 1 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - UNIT SECURES HEALTH CANADA NOC FOR BEVQOLVA™ BEVACIZUMAB BIOSIMILAR
Further company coverage: ARBN.NS
(([email protected];))
May 1 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - UNIT SECURES HEALTH CANADA NOC FOR BEVQOLVA™ BEVACIZUMAB BIOSIMILAR
Further company coverage: ARBN.NS
(([email protected];))
April 17 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA- RECEIVES USFDA APPROVAL FOR DEXTROMETHORPHAN POLISTIREX EXTENDED-RELEASE ORAL SUSPENSION, 30 MG/5 ML (OTC)
AUROBINDO PHARMA - PRODUCT TO BE LAUNCHED IN Q2FY27
Source text: ID:nBSE4wprRS
Further company coverage: ARBN.NS
(([email protected];))
April 17 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA- RECEIVES USFDA APPROVAL FOR DEXTROMETHORPHAN POLISTIREX EXTENDED-RELEASE ORAL SUSPENSION, 30 MG/5 ML (OTC)
AUROBINDO PHARMA - PRODUCT TO BE LAUNCHED IN Q2FY27
Source text: ID:nBSE4wprRS
Further company coverage: ARBN.NS
(([email protected];))
April 15 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - THERANYM BIOLOGICS ANNOUNCES ADDITIONAL PRODUCT SCHEDULE WITH MSD
AUROBINDO PHARMA - THERANYM TO BUILD DRUG SUBSTANCE FACILITY WITH 60 KL BIOREACTOR CAPACITY
AUROBINDO PHARMA - THERANYM TO INVEST USD 150-175 MILLION IN MANUFACTURING FACILITY
Source text: ID:nBSEb22ZnT
Further company coverage: ARBN.NS
(([email protected];))
April 15 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - THERANYM BIOLOGICS ANNOUNCES ADDITIONAL PRODUCT SCHEDULE WITH MSD
AUROBINDO PHARMA - THERANYM TO BUILD DRUG SUBSTANCE FACILITY WITH 60 KL BIOREACTOR CAPACITY
AUROBINDO PHARMA - THERANYM TO INVEST USD 150-175 MILLION IN MANUFACTURING FACILITY
Source text: ID:nBSEb22ZnT
Further company coverage: ARBN.NS
(([email protected];))
April 7 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - AUROBINDO PHARMA RECEIVES USFDA APPROVAL FOR DAPAGLIFLOZIN TABLETS, 5 MG AND 10 MG
AUROBINDO PHARMA - ELIGIBLE FOR 180 DAYS SHARED GENERIC DRUG EXCLUSIVITY FOR DAPAGLIFLOZIN TABLETS
Source text: https://tinyurl.com/rdf89uy8
Further company coverage: ARBN.NS
(([email protected];))
April 7 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - AUROBINDO PHARMA RECEIVES USFDA APPROVAL FOR DAPAGLIFLOZIN TABLETS, 5 MG AND 10 MG
AUROBINDO PHARMA - ELIGIBLE FOR 180 DAYS SHARED GENERIC DRUG EXCLUSIVITY FOR DAPAGLIFLOZIN TABLETS
Source text: https://tinyurl.com/rdf89uy8
Further company coverage: ARBN.NS
(([email protected];))
April 6 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
CURATEQ BIOLOGICS ANNOUNCES POSITIVE PHASE 3 RESULTS FOR OMALIZUMAB BIOSIMILAR BP11
PHASE 3 STUDY MET ALL PRIMARY ENDPOINTS IN CSU PATIENTS AT 300 MG DOSE
Source text: ID:nNSE2RrdG0
Further company coverage: ARBN.NS
(([email protected];))
April 6 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
CURATEQ BIOLOGICS ANNOUNCES POSITIVE PHASE 3 RESULTS FOR OMALIZUMAB BIOSIMILAR BP11
PHASE 3 STUDY MET ALL PRIMARY ENDPOINTS IN CSU PATIENTS AT 300 MG DOSE
Source text: ID:nNSE2RrdG0
Further company coverage: ARBN.NS
(([email protected];))
March 31 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - TO CONSIDER BUYBACK OF EQUITY SHARES
Source text: ID:nBSE9sWkfw
Further company coverage: ARBN.NS
(([email protected];))
March 31 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - TO CONSIDER BUYBACK OF EQUITY SHARES
Source text: ID:nBSE9sWkfw
Further company coverage: ARBN.NS
(([email protected];))
March 20 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - US FDA INSPECTS UNIT-V API FACILITY OF APITORIA PHARMA, AUROBINDO SUBSIDIARY
AUROBINDO PHARMA - UNIT-V RECEIVES EIR CLASSIFYING FACILITY AS VAI; INSPECTION CLOSED
Source text: ID:nBSE9t0t0d
Further company coverage: ARBN.NS
(([email protected];;))
March 20 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - US FDA INSPECTS UNIT-V API FACILITY OF APITORIA PHARMA, AUROBINDO SUBSIDIARY
AUROBINDO PHARMA - UNIT-V RECEIVES EIR CLASSIFYING FACILITY AS VAI; INSPECTION CLOSED
Source text: ID:nBSE9t0t0d
Further company coverage: ARBN.NS
(([email protected];;))
March 17 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
US FDA ISSUES FORM 483 WITH 9 OBSERVATIONS TO EUGIA PHARMA UNIT-II
US FDA CLASSIFIES EUGIA PHARMA UNIT-II AS 'OFFICIAL ACTION INDICATED'
Source text: ID:nNSE46tRKP
Further company coverage: ARBN.NS
(([email protected];;))
March 17 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
US FDA ISSUES FORM 483 WITH 9 OBSERVATIONS TO EUGIA PHARMA UNIT-II
US FDA CLASSIFIES EUGIA PHARMA UNIT-II AS 'OFFICIAL ACTION INDICATED'
Source text: ID:nNSE46tRKP
Further company coverage: ARBN.NS
(([email protected];;))
March 13 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
GETS TAX DEMAND AND PENALTY OF 776.1 MILLION RUPEES EACH
Source text: ID:nBSEbyqSK8
Further company coverage: ARBN.NS
(([email protected];))
March 13 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
GETS TAX DEMAND AND PENALTY OF 776.1 MILLION RUPEES EACH
Source text: ID:nBSEbyqSK8
Further company coverage: ARBN.NS
(([email protected];))
March 12 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - US FDA INSPECTS UNIT-IV OF APL HEALTHCARE LIMITED
AUROBINDO PHARMA - FORM 483 WITH 5 OBSERVATIONS ISSUED AFTER INSPECTION
Source text: ID:nBSE8pZVp3
Further company coverage: ARBN.NS
(([email protected];;))
March 12 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - US FDA INSPECTS UNIT-IV OF APL HEALTHCARE LIMITED
AUROBINDO PHARMA - FORM 483 WITH 5 OBSERVATIONS ISSUED AFTER INSPECTION
Source text: ID:nBSE8pZVp3
Further company coverage: ARBN.NS
(([email protected];;))
March 4 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
EUGIA PHARMA LAUNCHES POMALIDOMIDE CAPSULES IN US
Source text: ID:nBSE9GK9VY
Further company coverage: ARBN.NS
(([email protected];;))
March 4 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
EUGIA PHARMA LAUNCHES POMALIDOMIDE CAPSULES IN US
Source text: ID:nBSE9GK9VY
Further company coverage: ARBN.NS
(([email protected];;))
Feb 27 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
COMPLETION OF US FDA INSPECTION AT UNIT I OF EUGIA PHARMA SPECIALITIES
INSPECTION CONCLUDED WITH 4 OBSERVATIONS
Further company coverage: ARBN.NS
(([email protected];))
Feb 27 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
COMPLETION OF US FDA INSPECTION AT UNIT I OF EUGIA PHARMA SPECIALITIES
INSPECTION CONCLUDED WITH 4 OBSERVATIONS
Further company coverage: ARBN.NS
(([email protected];))
Feb 26 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - EUGIA PHARMA RECEIVES USFDA APPROVAL FOR EVEROLIMUS TABLETS
AUROBINDO PHARMA - LAUNCH EXPECTED IN Q1FY27
Source text: ID:nNSEbRhvzb
Further company coverage: ARBN.NS
(([email protected];))
Feb 26 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - EUGIA PHARMA RECEIVES USFDA APPROVAL FOR EVEROLIMUS TABLETS
AUROBINDO PHARMA - LAUNCH EXPECTED IN Q1FY27
Source text: ID:nNSEbRhvzb
Further company coverage: ARBN.NS
(([email protected];))
Feb 19 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
TAX DEPARTMENT DEMANDS RECOVERY OF REFUNDS FROM AUROBINDO
DISPUTED AMOUNT TOTALS 1.7 BILLION RUPEES
Source text: ID:nNSE6RP0n1
Further company coverage: ARBN.NS
(([email protected];;))
Feb 19 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
TAX DEPARTMENT DEMANDS RECOVERY OF REFUNDS FROM AUROBINDO
DISPUTED AMOUNT TOTALS 1.7 BILLION RUPEES
Source text: ID:nNSE6RP0n1
Further company coverage: ARBN.NS
(([email protected];;))
** HSBC raises Aurobindo Pharma ARBN.NS PT from 1,380 rupees to 1,415 rupees, maintains "buy"
** Hike comes after US FDA approves Adquey, a non-steroid topical treatment for dermatitis
** Says Adquey has potential to become a $250-300 million brand and that ARBN needs to hire specialist salespeople
** Entry in next 6-7 months could help it capture share in a supply‑constrained category with strong prescription demand - HSBC
** ARBN up 1% at 1,157 rupees since Friday, when FDA approval was received
** 26 analysts covering ARBN have "buy" rating on avg; median PT is 1,380 rupees - data compiled by LSEG
** YTD, stock down 2.5%
(Reporting by Urvi Dugar in Bengaluru)
(([email protected]; +91 9558725583;))
** HSBC raises Aurobindo Pharma ARBN.NS PT from 1,380 rupees to 1,415 rupees, maintains "buy"
** Hike comes after US FDA approves Adquey, a non-steroid topical treatment for dermatitis
** Says Adquey has potential to become a $250-300 million brand and that ARBN needs to hire specialist salespeople
** Entry in next 6-7 months could help it capture share in a supply‑constrained category with strong prescription demand - HSBC
** ARBN up 1% at 1,157 rupees since Friday, when FDA approval was received
** 26 analysts covering ARBN have "buy" rating on avg; median PT is 1,380 rupees - data compiled by LSEG
** YTD, stock down 2.5%
(Reporting by Urvi Dugar in Bengaluru)
(([email protected]; +91 9558725583;))
Feb 13 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - FDA APPROVES ADQUEY FOR ATOPIC DERMATITIS
Source text: ID:nBSE9QTPmX
Further company coverage: ARBN.NS
(([email protected];))
Feb 13 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - FDA APPROVES ADQUEY FOR ATOPIC DERMATITIS
Source text: ID:nBSE9QTPmX
Further company coverage: ARBN.NS
(([email protected];))
** Shares of Aurobindo Pharma ARBN.NS fall around 8% to 1,106 rupees, its lowest since Oct. 31
** Stock set for its worst day since November 2022
** Pharma co posts 7.6% rise in Q3 profit to 9.1 billion rupees; consol rev rises 8.4% y/y
** Citi Research says Q3 beat was largely driven by favourable currency, continued strength in Europe
** Adds, co's flagship US generics business remains subdued
** More than 5.4 mln shares traded, 4.5x their 30-day avg
** YTD, ARBN down to ~6%
(Reporting by Brijesh Patel in Bengaluru)
(([email protected]; Ph no. +91 9590227221;))
** Shares of Aurobindo Pharma ARBN.NS fall around 8% to 1,106 rupees, its lowest since Oct. 31
** Stock set for its worst day since November 2022
** Pharma co posts 7.6% rise in Q3 profit to 9.1 billion rupees; consol rev rises 8.4% y/y
** Citi Research says Q3 beat was largely driven by favourable currency, continued strength in Europe
** Adds, co's flagship US generics business remains subdued
** More than 5.4 mln shares traded, 4.5x their 30-day avg
** YTD, ARBN down to ~6%
(Reporting by Brijesh Patel in Bengaluru)
(([email protected]; Ph no. +91 9590227221;))
Feb 9 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - COMPANY TO INVEST 660 MILLION RUPEES FOR 26% STAKE IN GARUDA RENEWABLES
AUROBINDO PHARMA ONE-TIME CHARGE OF 653.3 MILLION RUPEES IN Q3 DUE TO NEW LABOUR CODES
Source text: ID:nBSE3X0Mpj
Further company coverage: ARBN.NS
(([email protected];;))
Feb 9 (Reuters) - Aurobindo Pharma Ltd ARBN.NS:
AUROBINDO PHARMA - COMPANY TO INVEST 660 MILLION RUPEES FOR 26% STAKE IN GARUDA RENEWABLES
AUROBINDO PHARMA ONE-TIME CHARGE OF 653.3 MILLION RUPEES IN Q3 DUE TO NEW LABOUR CODES
Source text: ID:nBSE3X0Mpj
Further company coverage: ARBN.NS
(([email protected];;))
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What does Aurobindo Pharma do?
Aurobindo Pharma is one of the leading vertically integrated formulations & API manufacturing companies in the world. It has a strong R&D focus and has a multi-product portfolio with manufacturing facilities in several countries. The company operates diversified businesses, structured to deliver targeted healthcare solutions across geographies and therapeutic areas. Its core operations are built on strong, integrated capabilities, encompassing both APIs and finished products. The company is one of the leading API manufacturers, with expertise in process chemistry and having the advantage of large-scale production. It is recognised globally for high-quality, reliable and cost-effective supplies. Its API business caters to both internal needs and external client demand across multiple therapeutic areas, driving profitability and sustaining the growth of its formulations area.
Who are the competitors of Aurobindo Pharma?
Aurobindo Pharma major competitors are Mankind Pharma, Zydus Lifesciences, Lupin, Dr. Reddy's Labs., Alkem Laboratories, Cipla, Glenmark Pharma.. Market Cap of Aurobindo Pharma is ₹93,217 Crs. While the median market cap of its peers are ₹1,13,215 Crs.
Is Aurobindo Pharma financially stable compared to its competitors?
Aurobindo Pharma seems to be less financially stable compared to its competitors. Altman Z score of Aurobindo Pharma is 4.75 and is ranked 7 out of its 8 competitors.
Does Aurobindo Pharma pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Aurobindo Pharma latest dividend payout ratio is 8.31% and 3yr average dividend payout ratio is 8.71%
How has Aurobindo Pharma allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments
How strong is Aurobindo Pharma balance sheet?
Balance sheet of Aurobindo Pharma is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Aurobindo Pharma improving?
Yes, profit is increasing. The profit of Aurobindo Pharma is ₹3,501 Crs for TTM, ₹3,486 Crs for Mar 2025 and ₹3,173 Crs for Mar 2024.
Is the debt of Aurobindo Pharma increasing or decreasing?
Yes, The net debt of Aurobindo Pharma is increasing. Latest net debt of Aurobindo Pharma is -₹2,194.09 Crs as of Mar-26. This is greater than Mar-25 when it was -₹8,529.09 Crs.
Is Aurobindo Pharma stock expensive?
Yes, Aurobindo Pharma is expensive. Latest PE of Aurobindo Pharma is 26.6, while 3 year average PE is 19.32. Also latest EV/EBITDA of Aurobindo Pharma is 13.37 while 3yr average is 10.48.
Has the share price of Aurobindo Pharma grown faster than its competition?
Aurobindo Pharma has given better returns compared to its competitors. Aurobindo Pharma has grown at ~29.38% over the last 3yrs while peers have grown at a median rate of 15.51%
Is the promoter bullish about Aurobindo 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 Aurobindo Pharma is 51.82% and last quarter promoter holding is 51.82%.
Are mutual funds buying/selling Aurobindo Pharma?
The mutual fund holding of Aurobindo Pharma is decreasing. The current mutual fund holding in Aurobindo Pharma is 17.79% while previous quarter holding is 19.52%.