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Glenmark close to final clinical trials for asthma, arthritis drugs
Glenmark Pharmaceuticals is set to enter the final stage of clinical trials for its new drug, Revamilast, across several countries this year. It is meant for treatment of inflammatory disorders like asthma and rheumatoid arthritis. Glenmark may soon seek approval for Phase-III trials in the US, UK and India. “Glenmark plans to file an IND (Investigational New Drug application) for Revamilast

Sensex fails to hold early gains, ends 60 points down

After opening higher and holding on to its gains till an hour post noon, the market turned choppy as the session progressed and faltered to end on a negative note on Thursday with concerns about the

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Indian stocks to watch-May 8
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Glenmark Pharma Q3 net nearly halves

Drugmaker Glenmark Pharmaceuticals Ltd.'s quarterly profit nearly halved on heavy foreign exchange losses from overseas borrowings despite robust sales growth. The company, which sells generic drugs

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Higher US drug sales pep up revenue show
Strong growth performance of generic drug sales in the US market helped Indian pharmaceutical companies record 17-19 per cent year-on-year growth in revenues for the September 2011 quarter.

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Analysts' corner

TATA MOTORS
Reco price: Rs 147
Target price: Rs 175
Chinese sales are crucial for JLR, as gross margin per unit is three times

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