Indoco Remedies launches Ticagrelor tablets in UK through subsidiary
By Aditya Bhagchandani Published on June 3, 2025, 13:06 IST
Indoco Remedies Limited has officially launched its Ticagrelor film-coated tablets (90mg) in the United Kingdom through its subsidiary, Indoco Remedies UK Limited, on June 2, 2025. This marks a significant development for the company as it expands its international portfolio in the antiplatelet medication segment.
The newly launched product is aimed at reducing the risk of heart attacks, strokes, and other cardiovascular complications. It will be marketed and distributed across the UK by Clarity Pharma.
Commenting on the development, Aditi Kare Panandikar, Managing Director of Indoco Remedies, said, 'This development underscores our commitment to bringing high quality, life-saving treatments to patients in the UK.'
Indoco Remedies is a fully integrated pharmaceutical company with a global presence and a turnover of USD 180 million. The company has 11 manufacturing facilities and over 6,000 employees. It operates in various therapeutic segments, including gastrointestinal, respiratory, anti-infectives, and cardiovascular care, among others.
The UK launch of Ticagrelor further strengthens Indoco's footprint in the international market and reinforces its commitment to expanding its presence in regulated markets.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
5 hours ago
- Business Upturn
Patanjali Foods receives FSSAI prohibition order on Ruchi No 1 Vanaspati batch
By Aditya Bhagchandani Published on June 21, 2025, 17:36 IST Patanjali Foods Ltd. has disclosed a regulatory development involving one of its products, Ruchi No 1 Vanaspati. The company received an official email communication on June 20, 2025, from the Assistant Director of the FSSAI's Central Licensing Authority in Kolkata. The notice prohibits the sale of a specific batch—HAE03702A—of Ruchi No 1 Vanaspati, citing non-conformity with a prescribed norm under Section 3(1)(zz)(xii) of the Food Safety & Standards Act, 2006. The company clarified that the issue pertains only to this batch and emphasized that the total financial implication is limited to approximately Rs 2.27 lakh. Patanjali Foods stated that there will be no material impact on the company's financial or operational performance due to this order. As a response, the company is pursuing appropriate legal action and has initiated an appeal against the order. No penalties, other than the prohibition of sale for the identified batch, have been imposed so far. This update was shared with the stock exchanges under Regulation 30 of SEBI Listing Regulations. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
New York Post
7 hours ago
- New York Post
Canadian tourism industry goes on offensive, as US travelers ditch Great White North
Canada's tourism industry is going on an offensive — rolling out ad campaigns in US border states to lure Americans back to the Great White North. US travel to Canada dipped by about 10% in recent months, amid the raging trade war between the two neighbors. An American tourist looks confused as he receives a warm hug from a Canadian hotel employee in a new TV ad. YouTube/Tourisme Cantons-de-l'Est Advertisement In one TV ad running across New England and New York, an American tourist – sporting a baseball cap and matching sweater tied around his shoulders – sheepishly whispers to a Canadian hotel front desk worker that he's from the land of the free. The employee looks awkwardly towards him and presses what looks like some kind of red panic button – before bursting out a smile and walking across the desk to hug him. Advertisement Other ads take more of a practical approach, trying instead to appeal to American's pocketbooks. One billboard campaign simply reminds Americans how much further their dollar will go north of the 49th parallel. '$1 USD = $1.43 CAD,' reads the billboard from Destination Ontario, which has been spotted in Detroit and Cleveland, among other border towns. 'Spend less, do more.' Americans make up more than three-quarters of tourists to Canada. Destination Ontario Advertisement American tourists make up the bulk of visitors to Canada – last summer, 78.5%, nearly four out of five visitors to the Great White North came from the US. The drop hasn't been as dramatic as Canadian tourists to the US – who've boycotted the country en masse, leading to a 30-40% fall in air and land travel. But it's sure to make a dent in the tourism industry – according to Statistics Canada, Americans spent $15.3 billion in the country last year.
Business Wire
a day ago
- Business Wire
AM Best Assigns Credit Ratings to Interplus Re Limited
BUSINESS WIRE)-- AM Best has assigned a Financial Strength Rating of B (Fair) and a Long-Term Issuer Credit Rating of 'bb+' (Fair) to Interplus Re Limited (Interplus) (Barbados). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Interplus' balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. Interplus is a reinsurance company incorporated under the Laws of Barbados on Aug. 11, 2021, as a Class 2 License Insurance Company. Interplus is 98% owned by INTEHO Limited, based in Barbados. Interplus offers reinsurance products mainly focused on property business, which accounts for almost 79% of its gross written premium portfolio, followed by surety and credit lines (12%), accidents and health (8%) and the remaining (less than 1%) in life. Two thirds of the businesses underwritten by Interplus originates in Latin America and the Caribbean, with moderate concentration in Ecuador (29% of gross written premiums as of December 2024). The remaining 34% of its portfolio is distributed across Asia (25%), Africa (5%), Europe (4%) and Oceania (less than 1%). Interplus reached USD 34.9 million in gross written premiums during 2024, its third year of operation. AM Best assesses Interplus' business profile as limited due to the recent creation of the company and its small size within a highly competitive global market. Interplus' balance sheet strength is assessed as strong, reflecting the expected volatility of a startup company, its developing investment strategy and adjusting risk profile. The company's capital base has grown since its foundation, to USD 25.1 million as of December 2024, reflecting two years of positive net results and shareholder support from significant capital infusions. AM Best expects Interplus to continue strengthening its capital base through profitable results and prudent capital management. Interplus reported positive bottom-line results of USD 16 million as of December 2024. Reserve adjustments benefited technical results, allowing for a combined ratio of 32%, well within premium sufficiency levels. AM Best expects Interplus to remain profitable through adequate risk selection and stable expenses. The stable outlooks reflect AM Best's expectation that Interplus will continue strengthening its capital base, through prudent capital management and profitable results, to sustain its business plan to maintain current rating levels. Negative rating actions could take place if Interplus' operating performance deteriorates to a point no longer supportive of the adequate assessment and losses further weaken the company's balance sheet strength. Positive rating actions could take place if Interplus is able to consistently strengthen its capital through reinvestment of earnings or capital infusions, demonstrating stability at levels that support the current ratings, according to Best's Capital Adequacy Ratio (BCAR). This press release relates to Credit Ratings that have been published on AM Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best's Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best's Credit Ratings, Best's Performance Assessments, Best's Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best's Ratings & Assessments.
