Shares of the country's two largest drugmakers -- Sun Pharmaceutical Industries Ltd and Dr Reddy's Laboratories Ltd -- slid on Monday after both reported compliance troubles that could dent profits this business year. Dr Reddy's said on Friday that it had been issued with a formal warning from the US drug watchdog over three of its plants. A day later, Sun Pharma, which took over rival Ranbaxy and several troubled plants this year, told investors it was still working to fix problems at its Halol facility. The moves prompted analysts to cut earnings estimates for the full year, sending Sun Pharma's shares tumbling 5.5% to their lowest point in more than a year, while Dr Reddy's lost 3.6% to hit its lowest since June. The overall market was down 1.1% after the Bharatiya Janata Party's (BJP) lost a politically significant regional vote. Credit Suisse analysts cut their rating on Sun Pharma stock to 'neutral' from 'outperform', saying they saw a 70% chance that the company could be issued a warning letter for issues at Halol.
Sun Pharma already has its hands full as it works on fixing issues at five of its other plants that are barred from exporting to the United States, the company's largest market. Four of these came with its acquisition of Ranbaxy last year. "We see 2016 as a wash-out year for Sun Pharma as it grapples with issues around Halol, Ranbaxy integration as well as pricing pressure in the US," Kotak analysts wrote in a note. The two drugmakers did not give any deadline for the issues to be resolved. Kotak analysts, however, estimate Sun Pharma's Halol site - a site it had owned before the Ranbaxy deal - could be cleared by the second half of 2016. At Dr Reddy's, analysts at Jefferies called the US Food and Drug Administration's warning letter a "major negative", forecasting disruption for up to nine months. Dr Reddy's said it was hosting a conference call with analysts on Monday evening to clarify investor concerns about the warning letter. Sun Pharma did not immediately respond to a request for comment.
Having problems with Acne , Bumpy Dry Skin, Dark circles, Stretch marks, Sun damage and many more? Walk into Kosmoderma Skin, Hair & Laser Clinics and walk out with a glowing radiant skin. Kosmoderma Clinics are the foremost top ranking Dermatology centres with international accreditations and facilities. All our treatments are scientifically proven and are facilitated using US FDA approved technology only. All our products are manufactured after considerable research and trials across the globe (US,Europe & India). We maintain high standards of quality and offer safe, efficient and economical treatments. Here at Kosmoderma, facial 3D imaging is used to analyse the skin. All our procedures are illustrated by our highly trained and qualified panel of Dermatologists and Cosmetologists. The main goal of Kosmoderma is to mend the gap between beauty & medicine. For medically proven, safe and effective treatments, Kosmoderma is the safe harbor you have been searching for.
Fulfil your aspirations to look better and feel confident with our affordable treatments. Best Skin Clinic in Bangalore: Awards Best Medical Aesthetic Clinic Chain 2014 India’s Most Promising Skin, Hair & Laser Enterprise 2014 Best Medical Aesthetic Clinic Chain at India Health and Wellness Summit 2014 Most Promising & Valuable Skincare Leader 2014 India’s Most Respected Cosmetic Dermatologist 2013 Pujari Uma Shankar Cannes International Aesthetic Film Festival 2013 (2nd Best Film) Here at Kosmoderma we have the skin solution for all your problems. Likewise, skin lightening therapies such as Skin Peels, Hydration treatments, Brightening and Lightening MediFacials are also available to help you look great. Kosmoderma offers customized hair fall treatments for all your hair fall problems, inclusive of hair transplantation for the permanently lost hair. We provide both invasive and non invasive procedures for body contouring. The non invasive procedures include UltraLipo, Lipodissolve, Kosmomax & Kosmonutrition.
We are fortunate to have India’s best cosmetic surgeons for procedures such as surgical facelifts, breast or butt augmentation, Implants, Liposuction, etc. We have the ultimate solution for all your dry skin and acne problems. Skin Lightening & Brightening Permanent Hair Reduction using Lasers Non Surgical Face Sculpting / Lifting Face glamourisation for models / actors Acne / Pimple Treatments Scar Removal (Acne scars, surgical and accidental scars) Skin Concerns such as Freckles, Sun Damage, Open pores Best Skin Specialist in Bangalore: Dr.Chytra V Anand is an Internationally Renowned Celebrity Cosmetic Dermatologist and the medical director of Kosmoderma Clinics & MediSpas. She is one of the pioneers of Cosmetic Dermatology in India. Her skill in dealing with all skin types is well known and her impressive client list comprises of prominent personalities from various walks of life incl-Fashion, Films, Corporates, Industrialists and Socialites.
She is an expert in Cosmetic Dermatology Therapies dealing with acne, scars, skin tightening and pigmentation, Injectables, Laser Devices, Hair Loss and Anti Ageing Medicine and is constantly invited as a speaker on expert panels at various conferences, nationally & internationally. Her vision is to create a chain of skin & hair clinics that provide standardized, effective and affordable care to the people. At Kosmoderma, we treat all kinds of skin, hair and body issues. All you need to do is to step into one of our clinics and get the consultation done, rest is taken care by us. Doctors at Kosmoderma Bangalore: Dr. Pallavi Naveen Reddy – Consultant Dermatologist & Cosmetologist Dr. Parinitha Rao – Consultant Dermatologist & Cosmetologist Dr. Neha Gupta – Consultant Dermatologist & Cosmetologist Dr. Prerna Sikka – Consultant Dermatologist & Cosmetologist Dr. Jyothsna – Consultant Dermatologist & Cosmetologist Dr. Aamod Rao – Consultant Cosmetic Surgeon
Dr. Madhulika Mohanty – Consultant Dermatologist & Cosmetologist Dr. Sirisha Yanegalla – Consultant Dermatologist & Cosmetologist Dr. Shaik Masroor Ahmed – Consultant Dermatologist & Cosmetologist Kosmoderma Bangalore Reviews & Testimonials* Kosmoderma has always been a place special to me . Right from the ambience to the treatments everything has always been perfect . And a special mention to the lovely staff . Every visit with kosmoderma will make you feel delighted and more confident. – Ms Sharmiela Mandre | I am really overwhelmed with the service & care provided at Kosmoderma . The Doctors really value our problems and treat us accordingly. I am extremely happy with my treatment results . I had acne and pigmentation, I came 3 months back and my skin is improving a lot. Basically Kosmoderma doctors and other people are really good and helpful and always respond well on phone also. So, step into your nearest kosmoderma clinic today or call us at our hotline number +91-7676-757575 to book an appointment easily.