Alembic

Alembic Pharma’s Rhizen gets approval for oral Cancer drug.

Alembic Pharma’s Rhizen gets approval for oral Cancer drug.

This oral cancer drug was found after 08 years of extensive research. The best part of this drug is that it only attacks bad cells of the body, due to which the issue of hair loss leading to trauma is ruled out. Umbralisib (UKONIQTM) granted accelerated approval by US FDA for the treatment of adult patients with relapsed or refractory marginal zone lymphoma (MZL), follicular lymphoma (FL).Umbralisib, a novel next generation inhibitor of PI3K delta & CK1 epsilon, was discovered by Rhizen Pharmaceuticals and subsequently licensed to…
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Profit before Tax up 36% to Rs 406 crores for the quarter

Profit before Tax up 36% to Rs 406 crores for the quarter

Net Profit up 35% to Rs 333 crores Vadodara, October 22nd, 2020 Alembic Pharmaceuticals Limited reported its consolidated financial results for the quarter ending 30th September 2020. Financial Highlights Net Sales for the quarter up 17% to Rs 1457 crores from Rs. 1241 crores.Net Profit for the quarter up 35% to Rs 333 crores from Rs 246 crores.Net sales for H-1 FY21 up 28% to Rs 2798 crores against Rs 2190 crores.Net profit for H-1 FY21 up 72% to Rs 635 crores from Rs 370 crores. Mr.…
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