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The Global Bisoprolol Fumarate market is projected to grow from USD 1.3 billion in 2023 to USD 2.0 billion by 2032, with a CAGR of 7%. This medication, primarily used for hypertension and heart-related conditions, is expected to see increased demand driven by regulatory changes and market dynamics across various regions, particularly in Europe and Asia-Pacific. Key players include Merck, Pfizer, and Novartis, with a focus on understanding market trends and competitive strategies.
Markets are poised to potentially extend their rally for a fifth consecutive day, with particular attention on Torrent Pharma and L&T. Investors are encouraged to stay updated with relevant content and transaction notifications.
Torrent Pharmaceuticals is set to acquire three anti-diabetes brands from Boehringer Ingelheim GmbH: Cospiaq (empagliflozin), Cospiaq Met (empagliflozin + metformin), and Xilingio (empagliflozin + linagliptin). The deal, which follows a co-marketing agreement initiated in 2022, is expected to be finalized by March 2025.
Torrent Pharma is enhancing its anti-diabetes portfolio by acquiring three brands from Boehringer Ingelheim, expected to finalize in March 2025. The brands—Cospiaq, Cospiaq Met, and Xilingio—contain Empagliflozin, a key treatment for type 2 diabetes, in a market projected to grow at a 25% CAGR. This move aims to improve patient access to diabetes care in India, which is anticipated to have 12.5 crore diabetes patients by 2045.
On Wednesday, traders are advised to consider strategies for stocks including Siemens, Torrent Pharma, Data Patterns, CAMS, PB Fintech, and LTIMindtree. Additionally, there is an option to receive push notifications for relevant content and transaction updates.
Torrent Pharma shares experienced an uptick following the USFDA's conclusion of an inspection at its Pithampur manufacturing facility, which was classified as 'Voluntary Action.' The inspection, conducted in the September quarter, resulted in a Form 483 with one observation.
The global market for premature ejaculation treatment is projected to grow from $3.75 billion in 2024 to $7.59 billion by 2032, driven by increased awareness, innovative treatment options, and the impact of the COVID-19 pandemic on healthcare access. Key players like Pfizer and Eli Lilly are focusing on R&D and collaboration to enhance their market presence. Stigma and cultural barriers remain significant challenges to market growth, despite a rising acceptance of sexual health issues.
Madhuri Madhusudan Kela acquired a 1.19% stake in Godavari Biorefineries Ltd by purchasing 500,000 shares at ₹335.66 each, while the company's shares closed at ₹342.85 after listing. Capri Global Capital Limited sold 374,382 shares, representing a 0.89% stake, at ₹327.98 each. Additionally, Torrent Investments offloaded 4,972,020 shares of Torrent Pharmaceuticals Ltd, leading to a 2.30% drop in the stock price, which closed at ₹3137.15.
Torrent Pharma's shares fell by 4% on October 30, trading at Rs 3,113.25, following a block deal worth Rs 3,238.90 crore, where promoter Torrent Investments is likely the seller. Approximately 1.04 crore shares, representing a 3.1% stake, changed hands at an average price of Rs 3,108, significantly increasing trading volumes beyond the monthly average.
Indian equity markets extended gains, rising half a percent but remained below the crucial 100-day EMA of 24,475. The rally was primarily driven by banks, with experts noting that a decisive close above 24,500 is essential for further upward movement. Key stocks to watch include Marico and Torrent Pharma, while L&T and Dabur are set to report Q2 earnings today.
Torrent Pharmaceuticals Limited
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
global bisoprolol fumarate market poised for significant growth through 2032
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