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Sun Pharmaceutical Industries Ltd (SUN.NS)

SUN.NS on National Stock Exchange of India

513.85INR
22 Sep 2017
Change (% chg)

Rs-5.80 (-1.12%)
Prev Close
Rs519.65
Open
Rs518.95
Day's High
Rs528.50
Day's Low
Rs508.70
Volume
7,990,848
Avg. Vol
5,647,133
52-wk High
Rs790.75
52-wk Low
Rs432.70

Latest Key Developments (Source: Significant Developments)

Sun Pharmaceutical Industries says unit gets U.S. FDA nod for new label for odomzo (sonidegib)
Tuesday, 19 Sep 2017 11:22pm EDT 

Sept 20 (Reuters) - Sun Pharmaceutical Industries Ltd :Says one of co's units received approval from U.S. FDA for new label for odomzo (sonidegib).  Full Article

Sun Pharma says co on track to achieve $300 mln synergies from Ranbaxy deal
Friday, 11 Aug 2017 09:34am EDT 

Aug 11 (Reuters) - Sun Pharmaceutical Industries Ltd ::MD Dilip Shanghvi says on track to achieve $300 million synergies from Ranbaxy deal.MD Dilip Shanghvi says some impact of synergies is being lost due to U.S. Pricing pressure.MD Dilip Shanghvi says Halol plant remeidation is complete, awaiting U.S. FDA reinspection.Exec says says price control will have some impact on the industry for the next three quarters.Exec says immediate term focus is to normalise India business post GST.Exec says competitive intensity, challenging regulatory environment, price controls will determine growth of India market.Exec says co in the process of filing tildrakizumab new drug application to U.S. FDA in Q3 2018.Exec says co expects gradual improvement in ebitda margin reaching about 20-22 percent in H2 2018.  Full Article

Sun Pharmaceutical Industries says expect performance to gradually improve in second half of the year
Friday, 11 Aug 2017 06:47am EDT 

Aug 11 (Reuters) - Sun Pharmaceutical Industries Ltd ::Says "Q1 performance was not good and not in line with our past performance".Says "expect our performance to gradually improve in the second half of this year".Says performance impacted due to temporary disruption in india business due to gst implementation, challenging US generic pricing environment.  Full Article

Sun Pharmaceutical Industries posts June-qtr consol loss
Friday, 11 Aug 2017 06:07am EDT 

Aug 11 (Reuters) - Sun Pharmaceutical Industries Ltd :June quarter consol net loss 4.25 billion rupees versus profit 20.34 billion rupees last year.June quarter consol total income 63.61 billion rupees versus 84.13 billion rupees last year.Says consol exceptional items for june quarter 9.51 billion rupees.  Full Article

Sun Pharmaceutical Industries says unit to acquire 15.91 pct diluted stake of Krystal Biotech
Tuesday, 8 Aug 2017 07:38am EDT 

Aug 8 (Reuters) - Sun Pharmaceutical Industries Ltd ::Unit agreed to acquire by way of allotment 203,135 series A preferred stock of Krystal Biotech Inc for $7 million.  Full Article

Sun Pharmaceutical Industries raises stake in Zenotech
Thursday, 27 Jul 2017 08:39am EDT 

July 27 (Reuters) - Sun Pharmaceutical Industries :Raises stake in Zenotech from 46.85 percent of pre rights issue capital to 57.56 percent of post rights issue capital.  Full Article

Beijing Science Sun Pharmaceutical sees H1 FY 2017 net profit down 10 pct to 25 pct
Thursday, 13 Jul 2017 03:17am EDT 

July 13(Reuters) - Beijing Science Sun Pharmaceutical Co Ltd <300485.SZ> ::* Sees H1 FY 2017 net profit to decrease by 10 percent to 25 percent, or to be 98.9 million yuan to 118.6 million yuan.* Says H1 FY 2016 net profit was 131.8 million yuan.* The reasons for the forecast are decreased bid price and policy effect .  Full Article

Sun Pharmaceutical Industries announces manufacturing tie-up with Samsung Biologics
Monday, 3 Jul 2017 10:52pm EDT 

July 4 (Reuters) - Sun Pharmaceutical Industries Ltd ::Strategic manufacturing tie-up with Samsung Biologics for Tildrakizumab.Unit, Samsung Biologics to manufacture Tildrakizumab.Drug is an investigational IL-23p19 inhibitor being evaluated for the treatment of moderate to severe plaque psoriasis.Approximate value of the contract will be US$ 55.5 million.  Full Article

Beijing Science Sun Pharmaceutical succeeds in its bid to buy 45 pct stake in Beijing Protein Innovation
Tuesday, 27 Jun 2017 01:36am EDT 

June 27 (Reuters) - Beijing Science Sun Pharmaceutical Co Ltd <300485.SZ> ::* Says it has been successful in its bid to acquire 45 percent stake in Beijing Protein Innovation with final transaction price of 22 million yuan .  Full Article

Sun Pharma Industries gets members' nod for scheme of arrangement with Sun Pharma Medisales, Ranbaxy Drugs, others
Wednesday, 21 Jun 2017 11:01pm EDT 

June 22 (Reuters) - Sun Pharmaceutical Industries Ltd :Gets members' nod for scheme of arrangement among Sun Pharma Medisales, Ranbaxy Drugs, Gufic Pharma, Vidyut Investments, co.  Full Article

BRIEF-Sun Pharmaceutical Industries says unit gets U.S. FDA nod for new label for odomzo (sonidegib)

* Says one of co's units received approval from U.S. FDA for new label for odomzo (sonidegib) Source text - http://bit.ly/2f8WIsa Further company coverage: