Tag: generic drug makers

AHMEDABAD: Indian pharma major, Zydus Lifesciences Limited on Tuesday reported 53.3% jump in its quarterly profit on Tuesday, led by the strong sales in the domestic market and the United States. Theconsolidated net profit was Rs 801 crore ($96.2 million) during the second quarter of FY 2024, against Rs 523 crore during the year-ago period.Zydus’ total revenuefrom operations rose 9.1% to Rs 4,369 crore, boosted by the strength in the US formulation segment, which constitutes 44% of the business.The company’s US market performance indicates signs of recovery from...