Key Developments: Sun Pharmaceutical Industries Ltd (SUN.BO)

SUN.BO on Bombay Stock Exchange

847.10INR
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Rs37.60 (+4.64%)
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Rs809.50
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Latest Key Developments (Source: Significant Developments)

Sun Pharmaceutical Industries Ltd's Caraco Pharmaceutical initiates recall of cephalexin capsules-Business Standard
Monday, 18 Aug 2014 03:25am EDT 

Sun Pharmaceutical Industries Ltd:Caraco Pharmaceutical Laboratories, the US-based unit of Sun Pharmaceuticals, has initiated a recall of multiple lots of cephalexin capsules from the US market, according to a PTI report-Business Standard.Citing a notification by the USFDA, the report says that the recall of the 340,553 units of 500 mg and 113,677 units of 250 mg bottles is voluntarily initiated by the company through a letter to the regulator in June under 'Class-II' classification.  Full Article

Sun Pharmaceutical Industries Ltd recommends payment of dividend
Tuesday, 12 Aug 2014 10:58pm EDT 

Sun Pharmaceutical Industries Ltd:Says board of Directors of the company have recommended payment of dividend of 1.50 indian rupees for the year ended Mar.31, 2014.  Full Article

Sun Pharmaceutical Industries Ltd Appoints Chief Financial Officer
Tuesday, 12 Aug 2014 10:45pm EDT 

Sun Pharmaceutical Industries Ltd:Appoints Uday Baldota as Chief Financial Officer (CFO) of Company with immediate effect.  Full Article

Sun Pharmaceutical Industries Ltd's subsidiary acquires Pharmalucence Inc
Tuesday, 15 Jul 2014 11:34pm EDT 

Sun Pharmaceutical Industries Ltd:Announces acquisition of Pharmalucence Inc, by one of its subsidiaries.Pharmalucence has sterile injectable capacity in the US, supported by R&D capabilities.Terms of the acquisition were not disclosed.  Full Article

Sun Pharmaceutical Industries Ltd's Caraco Pharmaceutical recalls antidepressant drug-Business Standard
Friday, 11 Jul 2014 02:30am EDT 

Sun Pharmaceutical Industries Ltd:Caraco Pharmaceutical Laboratories, a subsidiary of Sun Pharma, has initiated recall of some lots of Venlafaxine Hydrochloride extended-release tablets from the US market-Business Standard.According to a notification by the FDA, the recall of 26,530 units of 30-count bottles and 14,597 units of 90-count bottles is voluntarily initiated by the company through a letter to the regulator last month under 'Class-II' classification.  Full Article

Sun Pharmaceutical Industries Ltd recalls 200 vials of cancer drug-Business Standard
Thursday, 3 Jul 2014 02:42am EDT 

Sun Pharmaceutical Industries Ltd:Is recalling 200 vials of the chemotherapy drug gemcitabine in the United States due to a lack of assurance of sterility, the US Food and Drug Administration said-Business Standard.The drug being recalled was manufactured by Sun Pharma's unit Caraco Pharmaceutical Laboratories Ltd at its plant in Gujarat, the FDA said.  Full Article

Sun Pharmaceutical Industries Ltd gives FY 2015 revenue guidance in line with analysts' estimates - Conference Call
Thursday, 29 May 2014 03:00pm EDT 

Sun Pharmaceutical Industries Ltd:Expects FY 2015 consolidated revenues to grow by 13pct to 15pct.Reported revenue of 160 billion indian rupees in FY 2014.FY 2015 revenue of 183 billion indian rupees - Thomson Reuters I/B/E/S.  Full Article

Sun Pharmaceutical Industries Ltd announces settlement of litigation for generic Gleevec in US
Wednesday, 14 May 2014 11:08pm EDT 

Sun Pharmaceutical Industries Ltd:Says that one of its subsidiaries has executed a settlement agreement with Novartis Pharmaceuticals Corporation stipulating a dismissal of the lawsuits filed in the US against the company regarding submission of an ANDA for a generic version of Gleevec, Imatinib Mesylate tablets.Sun Pharma’s subsidiary may launch its version of generic Gleevec in the United States on Feb. 1, 2016.Other terms of the agreement are confidential.Agreement is subject to customary regulatory approvals.  Full Article

Sun Pharmaceutical Industries Ltd's subsidiary to close down the Detroit plant - Business Standard
Tuesday, 6 May 2014 01:41am EDT 

Sun Pharmaceutical Industries Ltd:Has decided to close down the Detroit plant of its US subsidiary, Caraco Pharmaceutical Laboratories Ltd - Business Standard.  Full Article

Sun Pharmaceutical Industries Ltd announces opern offer to the shareholders of Zenotech Laboratories
Friday, 11 Apr 2014 11:40am EDT 

Sun Pharmaceutical Industries Ltd:Says open offer to the equity shareholders of Zenotech Laboratories Limited.To acquire up to 9,693,332 fully paid up equity shares of face value of 10 Indian rupees each of the Target company (Offer Shares).Constituting 28.1 pct of the fully diluted voting share capital of the Target Company as of the 10th (tenth) working day from the date of closure of the tendering period, at a price of 19 Indian rupees per Offer Share aggregating to 184,173,308 Indian rupees.  Full Article

India's Ranbaxy Laboratories posts loss in June quarter

MUMBAI, July 29 - Indian drugmaker Ranbaxy Laboratories Ltd, which has agreed to be acquired by local rival Sun Pharmaceutical Industries Ltd, posted a net loss in the June quarter hit by a one-time provision.

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