Suven Life Sciences is currently trading at Rs. 219.05, up by 3.75 points or 1.74% from its previous closing of Rs. 215.30 on the BSE.
The scrip opened at Rs. 216.95 and has touched a high and low of Rs. 223.60 and Rs. 215.30 respectively. So far 132909 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 236.50 on 03-Nov-2014 and a 52 week low of Rs. 67.50 on 27-Jan-2014.
Last one week high and low of the scrip stood at Rs. 225.70 and Rs. 202.30 respectively. The current market cap of the company is Rs. 2778.58 crore.
The promoters holding in the company stood at 59.44% while Institutions and Non-Institutions held 9.22% and 31.34% respectively.
Suven Life Sciences has received four product patents. Of total, the company has received the grant of one product patent from Australia, two product patents from Japan and one product patent from Hong Kong corresponding to the New Chemical Entity (NCE) for the treatment of disorders associated with Neurodegenerative diseases and these Patents are valid through 2030.
The granted claims of the patents include the class of selective alpha-4-beta-2 compounds discovered by Suven and are being developed as therapeutic agents for major depressive disorder (MDD).
With these new patents, Suven has a total of 19 granted patents from Australia, 14 granted patents from Japan and 15 granted patents from Hong Kong. These granted patents are exclusive intellectual property of Suven and are achieved through the internal discovery research efforts. Products out of these inventions may be out-licensed at various phases of clinical development like at Phase-I or Phase-II.
Suven Life Science is a biopharmaceutical company focused on discovering, developing and commercializing novel pharmaceutical products, which are first in class or best in class CNS therapies through the use of GPCR targets.
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