![]() But a consolidation among drug distributors has hit generic companies' ability to negotiate on prices, and price hikes have also become harder to justify amid regulatory scrutiny."Competition is increasing and (distributors) are getting more powerful than ever before," Gupta said. Lupin warns of more pricing pressure as fourth-quarter profit halvesīy Zeba Siddiqui | MUMBAI MUMBAI Indian drugmaker Lupin Ltd expects to launch over 30 products in the United States this year, but warned revenue growth would remain muted due to growing pricing pressure and competition in the world's largest healthcare market."We've talked about medium single digits of price erosion in the past and I think we are now (seeing) high single digits," Managing Director Nilesh Gupta told Reuters after Lupin reported a quarterly profit that halved from a year earlier.The country's third-largest drugmaker has been working on building a pipeline of high-value complex generic drugs in the United States to offset growing competition in plain generics. His term has already been prolonged by a year to October in the wake of Russia’s invasion of Ukraine in February 2022 Stoltenberg has held the seat of secretary-general of NATO since 2014. NATO Chief Stoltenberg likely to hold top position for another year Mike Gold, the former associate administrator for Space Policy and Partnerships at NASA, hoped that cooperation in the field of space would be one of the major areas of discussion between Prime Minister Narendra Modi and US President Joe Biden when they meet here at the White House next week. ![]() The trains that will be inaugurated by PM Modi after he returns from his official US visit will run between Goa-Mumbai, Patna-Ranchi, Bhopal-Indore, Bhopal-Jabalpur, and Bangalore-Hubli-Dharwadįormer NASA official highlights India-US partnership as critical for space exploration PM Modi to inaugurate 5 new Vande Bharat trains on June 27 Bringing higher kanwars with totally electrified railway tracks could be risky, an official said Limiting the height of kanwars to less than 12 feet was necessary due to 100 per cent electrification of the railway tracks in Uttarakhand. Kanwar Yatra: Devotees asked to bring ID cards, keep 'kanwars' smaller to avoid accidents ![]() The Shinde-led faction will hold its event at the NESCO ground in Goregaon in northwest Mumbai on Monday while the Thackeray-led faction will celebrate the foundation day in Shanmukhanand Hall at Sion in central Mumbai Uddhav, Shinde factions of Shiv Sena to mark foundation day in separate events ![]()
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