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Orchid Chemicals gains on receiving USFDA nod for Levofloxacin tablets

Orchid Pharma Ltd. | Pharmaceuticals & Drugs | Healthcare | BSE: 524372 | NSE: ORCHPHARMA

03 Feb 2012 Evaluate

Orchid Chemicals & Pharmaceuticals (Orchid Chemicals) is currently trading at Rs. 179.00, up by 5.05 points or 2.90% from its previous closing of Rs. 173.95 on the BSE.

The scrip opened at Rs. 176.00 and has touched a high and low of Rs. 179.95 and Rs. 174.90 respectively. So far 57,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 324.65 on 04-Apr-2011 and a 52 week low of Rs. 112.25 on 19-Dec-2011.

Last one week high and low of the scrip stood at Rs. 179.95 and Rs. 161.35 respectively. The current market cap of the company is Rs. 1260.00 crore.

The promoters holding in the company stood at 32.42% while Institutions and Non-Institutions held 15.89% and 47.10% respectively.

Chennai-based global pharma major, Orchid Chemicals & Pharmaceuticals (Orchid Chemicals) has received an approval from the USFDA for its abbreviated new drug application (ANDA) for Levofloxacin tablets in the 250mg, 500mg and 750mg strengths.

Recently, the company had successfully completed in Europe a Phase-I trial of its orally administered phosphodiesterase 4 inhibitor (PDE4) molecule OCID 2987 positioned for the treatment of inflammatory disorders including chronic obstructive pulmonary disease (COPD).

Orchid Chemicals & Pharmaceuticals is a pharmaceutical company engaged in development and manufacture of active pharmaceutical ingredients (APIs) and finished dosage forms. It is also engaged in research of new drugs. The company was incorporated in the year 1992 as a 100% export-oriented unit (EOU).

Orchid Pharma Share Price

570.50 6.40 (1.13%)

17-Apr-2026 16:59 View Price Chart

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Orchid Chemicals gains on receiving USFDA nod for Levofloxacin tablets

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