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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Bajaj Auto launches WEGO electric three-wheeler range in India Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting
Orbicular gets USFDA’s tentative nod for generic Semaglut...
2026-04-11 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Orbicular Pharmaceutical Technologies has received tentative approval for a generic version of Ozempic (semaglutide injection), developed in partnership with Apotex.

The product will be marketed and commercialised in the United States by Apotex Corp., the ANDA applicant.

“Achieving technical equivalence for complex peptide products requires deep scientific rigor, advanced analytical precision and a highly disciplined development approach. We are proud to have supported Apotex in this important program. Their regulatory leadership, combined with Orbicular’s development and execution capabilities, has been central to securing this FDA Tentative Approval,’’ M. S. Mohan, Managing Director, Orbicular Pharmaceutical Technologies said in a release on Saturday.  

Barry Fishman, Chief Corporate Development Officer, Apotex, said: “Orbicular’s scientific depth and commitment to quality were instrumental in supporting this complex program. As the ANDA applicant, Apotex remains focused on advancing high-quality, affordable peptide therapies for patients.’’ 

Published on April 11, 2026