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Cipla Limited - Mumbai.
Cipla has pioneered the manufacture of over 250 sophisticated drugs, from the basic stages. Right from the beginning, research and development has been Cipla's major thrust area. Our CFC-free metered dose aerosol inhaler range for asthma is a prime example, as also our anti-asthmatic devices like our Rotahaler and the Zerostat spacer, both patented internationally.
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Contact Details
Office Address:Cipla Limited - Mumbai
Mumbai Central
Mumbai, MH, 400008
Phone : +91-22-23082891/23095521
Fax : +91-22-23070013/23070393
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Cipla Rating | Hold — Quarter results were ahead of expectations
Posted on 3rd June 2019
Cipla reported Q4 results ahead of expectation led by gSensipar “at-risk” exclusivity launch. Ex of this, revenues were in line while margins were c100bps ahead of expectation. Management expects US business to grow in double digits in FY20 and base margins to improve though it did not quantify the level. Cipla trading at 20x FY21 PE, factors in the base business improvement. We retain Hold, noting the mixed execution over past 12m. Read More

Cipla to acquire US specialty drugmaker Avenue Therapeutics for Rs 15.6 bn
Posted on 13th November 2018
Cipla has entered into an agreement to acquire US-based specialty pharma company Avenue Therapeutics Inc for $215 mn or around Rs 15.6 bn. This is in line with Cipla's strategy of building a specialty drugs pipeline in the US.

Cipla's US subsidiary InvaGen Pharmaceuticals Inc will make the acquisition in two stages, the company said. Read More

Cipla gets USFDA nod for anti-viral eye infection drug for AIDS patients
Posted on 12th November 2018
Drug major Cipla on Monday said it has received final approval from the US health regulator for Valganciclovir tablets used in the treatment of viral eye infection for AIDS patients.

Valganciclovir is used in the treatment of cytomegalovirus infection (serious viral eye infection of the retina) for AIDS patients and for prevention of cytomegalovirus (CMV) disease after organ transplant. Read More

Cipla hits five-month low on weak outlook; down 12% in two days
Posted on 6th November 2018
Shares of Cipla hit a five-month low of Rs 534, down 5% on Tuesday, extending its Monday’s 7% decline on the BSE, due to the weak outlook for the second half of the current fiscal (H2FY19). The pharmaceuticalmajor said there was pressure on the tender business, supply disruptions, commodity inflation and business impact from countries hit by sanctions. Read More

Cipla records sharpest fall in one year post Q2 results; stock down 8%
Posted on 5th November 2018
Shares of Cipla dipped 8% to Rs 558 on the BSE after the pharmaceutical company posted an 11% decline in its consolidated net profit at Rs 3.77 billion for the September quarter (Q2FY19). It had reported a profit of Rs 4.23 billion in the year-ago quarter. The stock recorded its sharpest intra-day fall in since November 7, 2017. Read More
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