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Ind-Swift spurts on entering into an agreement with Roche Diagnostics India

16 Jan 2012 Evaluate

Ind-Swift is currently trading at Rs. 29.45, up by 0.75 points or 2.61% from its previous closing of Rs. 28.70 on the BSE.

The scrip opened at Rs. 28.70 and has touched a high and low of Rs. 30.15 and Rs. 28.65 respectively. So far 27745 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 40.00 on 18-Apr-2011 and a 52 week low of Rs. 23.15 on 02-Jan-2012.

Last one week high and low of the scrip stood at Rs. 30.15 and Rs. 25.10 respectively. The current market cap of the company is Rs. 123.58 crore.

The promoters holding in the company stood at 43.60% while Institutions and Non-Institutions held 4.04% and 52.36% respectively.

Ind-Swift, a Chandigarh based pharmaceutical company has entered into an agreement with Roche Diagnostics India to promote test for detecting heart attack, TROP T rapid assay, in India. Roche Diagnostics' TROP T rapid assay is a point of care test which can detect whether a patient is having a heart attack through a simple whole blood test.

Troponin - T is used to measure damage to the heart muscle and to differentiate between non-cardiac chest pains and heart attacks. The TROP T rapid assay gives a reliable qualitative result within 15 minutes.

Ind-Swift has a cardio specific field force, CARDIASWIFT which has been marketing cardio & anti-diabetic products for the last 8-10 years. Ind-Swift will promote TROP T to cardiologists / diabectologists / consulting physicians/general practitioners all over the country with its 225 strong field force.

Roche Diagnostics India is part of Roche Group, a worldwide leader in the field of Medical Diagnostics and Pharmaceuticals.

Ind-Swift manufactures and markets finished dosage forms, through its different divisions, focusing on the needs of various therapeutic segments. The divisions include Super Speciality, Animal Division, Daignozis, Institutions, Agile, Bio Sciences, Ethical, Health Care, Max Care, Mega care, Neuro and Resurgence.

Ind-Swift - Amalgama Share Price

15.70 0.00 (0.00%)
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