Browsing: Africa News

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Market snapshot: Glenmark Pharmaceuticals Inc., USA, has launched its generic Sugammadex Injection in the United States, targeting an annual market size of approximately $1.6 billion. The injection is bioequivalent and therapeutically equivalent to Merck Sharp & Dohme LLC’s reference drug BRIDION. This launch represents a strategic expansion of Glenmark’s injectable portfolio in the high-margin U.S.…

Singapore Airlines (SIA) Group has reported a first-quarter loss despite achieving record revenue, as soaring fuel prices linked to the conflict in the Middle East undermined strong passenger demand and yields across its network.

Market snapshot: Indoco Remedies is refocusing its international operations and strengthening its balance sheet through a structured debt-repayment plan. The company aims to introduce its oral solid drugs in Europe by Q4, utilizing integrated R&D and API capabilities. Concurrently, the pharmaceutical player has outlined a clear path to reduce its leverage by repaying ₹260 cr…