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Shivam Tyagi

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The author works as a Correspondent with BW Businessworld

Latest Articles By Shivam Tyagi

BW Exclusive | Price Erosion In US Hurting Generic Pharma Industry Says RK Baheti, CFO, Alembic Pharma

In an exclusive interaction with BW Healthcare World, RK Baheti, CFO, Alembic Pharmaceuticals speaks on the headwinds for generics, the progress of PLI schemes in pharma, updates on the USFDA inspections, takeaways from the budget and the company's outlook in the upcoming financial year

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Our Hospital Setups With All Facilities Cost Us Rs 10-15 Lakhs Per Bed Versus Rs 1.5 Cr Per Bed: Dr Shuchin Bajaj

Dr Shuchin Bajaj, Founder Director, Ujala Cygnus Hospitals speaks with BW Healthcare World on the evolving scenario of tier 2 and tier 3 cities, maintaining profitability, operating on low costs, leveraging technology and overcoming challenges of delivering healthcare in the towns

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Divi's Labs Net Profit Slips By 65% YoY In Q3FY23

Hyderabad-based Divi’s Laboratories has reported its earnings for the third quarter and has reported a 27.4 per cent slump year on year in its consolidated revenue which stood at Rs 1,822 crores as against total revenue of Rs 2,510 crores during the corresponding quarter of last year

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Alembic Pharma's PAT Slumps By 29% YoY In Q3FY23

Alembic Pharma recorded a Profit After Tax (PAT) of Rs 122 crores in quarter three of the financial year 2023 (Q3FY23) against Rs 171 crores recorded in the corresponding quarter of the previous year, a 29 per cent slump year on year

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Healthcare Budget Advances By 3.4 %, Major Schemes See Downfall In Allocation

The overall budget outlay given to the Ministry of Health and Family Welfare has increased by 3.42 per cent against Rs 86,200 crores given in the FY2021-22. While the health research corpus dipped by 6.8 per cent from Rs 3,200 crores in the FY22-23, a contraction of Rs 220 crores

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Q3 Results: Glenmark Lifesciences PAT Dips By 1.2% QoQ, Revenue At Rs 540 Cr

Glenmark Lifesciences recorded a net profit of Rs 105 crores in quarter three of the financial year 2023(Q3FY23) against Rs 103.7 crores recorded in the corresponding quarter in the previous year, a 1.2 per cent jump year on year while the PAT dropped by 1.2 per cent quarter on quarter

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Dr Reddy's Labs Reports 77% Jump YoY In Net Profit In Q3FY23

Dr Reddy's labs, the Indian pharma major headquartered in Hyderabad on Wednesday announced its consolidated financial results for the third quarter that ended 31st December 2022, the pharmaceutical company registered a 27 per cent rise in its consolidated revenues year on year and a 7 per cent jump quarter on quarter in its revenues

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Q3 Results: Cipla's Net Profit Rises By10%, Consolidated Revenue At 5,810 Cr

Cipla's net profit also jumped by 10 per cent Year on Year in Q3FY22, the company recorded a net profit of Rs 801 crores in the December quarter. The company saw an increase of Rs 73 crores from the earnings of the same quarter last year which stood at Rs 728 crores

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Tier II & Tier III Cities Will Find Quality Diagnostics In Their Neighborhood: Narendra Varde

In an exclusive conversation with BW Healthcare World, Narendra Varde, Managing Director, Roche Diagnostics India & Neighboring Markets speaks on the 2023 trends for the diagnostics industry, the challenges faced by the sector, new products in the pipeline, the roadmap for future challenges and on the power of data analytics

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Strides Pharma's Net Loss At Rs 82 Cr In Q3FY23

Strides Pharma reported a net loss of Rs 82 crores in the third quarter, the company said the reported PAT of the company was impacted by loss from JV and associates on account of inventory write-off related to the covid portfolio

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