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Dr. Reddys gains on launching Levalbuterol Inhalation Solution

24 Sep 2014 Evaluate

Dr. Reddys Laboratories is currently trading at Rs. 3212.55, up by 4.25 points or 0.13% from its previous closing of Rs. 3208.30 on the BSE.

The scrip opened at Rs. 3195.00 and has touched a high and low of Rs. 3238.80 and Rs. 3184.00 respectively. So far 22840 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 3252.00 on 23-Sep-2014 and a 52 week low of Rs. 2250.00 on 19-May-2014.

Last one week high and low of the scrip stood at Rs. 3252.00 and Rs. 3010.15 respectively. The current market cap of the company is Rs. 54574.14 crore.

The promoters holding in the company stood at 25.49% while Institutions and Non-Institutions held 40.73% and 15.32% respectively.

Dr. Reddys Laboratories has launched Levalbuterol Inhalation Solution, USP 0.31 mg /3 mL, 0.63 mg /3 mL, 1.25 mg / 3 mL Unit-Dose Vials, a therapeutic equivalent generic version of XOPENEX (levalbuterol hydrochloride) inhalation solution in the US market on September 23, 2014, approved by the United States Food & Drug Administration (USFDA).

The XOPENEX (levalbuterol hydrochloride) inhalation solution brand and generic combined had U.S. sales of around $269.7 Million MAT for the most recent twelve months ending in June 2014.

The company's Levalbuterol Inhalation Solution, USP 0.31 mg /3 mL, 0.63 mg /3 mL, 1.25 mg /3 mL are available in Unit-Dose Vials of (5 x 3 mL) carton of 25. Levalbuterol Inhalation Solution, USP is only for use with a nebulizer.

Dr. Reddys is an integrated global pharmaceutical company, committed to providing affordable and innovative medicines for healthier lives. Through its three businesses - Pharmaceutical Services and Active Ingredients, Global Generics and Proprietary Products - the company offers a portfolio of products and services including APIs, custom pharmaceutical services, generics, bio-similars, differentiated formulations and NCEs.

Dr. Reddys Labs. Share Price

1339.35 -17.50 (-1.29%)
01-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Sun Pharma. Inds. 1865.95
Dr. Reddys Labs. 1339.35
Cipla 1456.95
Zydus Lifesciences 1108.85
Lupin 2396.50
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