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Cadila Healthcare gains on inking non-exclusive licensing pact with Gilead Sciences

17 Mar 2015 Evaluate

Cadila Healthcare is currently trading at Rs. 1592.80, up by 6.85 points or 0.43% from its previous closing of Rs. 1585.95 on the BSE.

The scrip opened at Rs. 1590.00 and has touched a high and low of Rs. 1619.55 and Rs. 1577.00 respectively. So far 12328 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1760.00 on 11-Nov-2014 and a 52 week low of Rs. 872.55 on 19-May-2014.

Last one week high and low of the scrip stood at Rs. 1623.95 and Rs. 1492.55 respectively. The current market cap of the company is Rs. 32455.71 crore.

The promoters holding in the company stood at 74.79 % while Institutions and Non-Institutions held 14.65 % and 10.56 % respectively.

Zydus Cadila and Gilead Sciences, Inc. have signed a non-exclusive licensing agreement which will allow the manufacture of sofosbuvir and the fixed-dose combination of ledipasvir/ sofosbuvir for distribution in 91 countries including India. The breakthrough oral therapy, SoviHep which will provide succour to more than 10 mn patients who suffer from Hepatitis C in India has been launched by the Zydus group. The therapy will be marketed by the specialty division of the group, Zydus Heptiza.

Hepatitis C is an infectious disease affecting primarily the liver, caused by the Hepatitis C Virus (HCV). It spreads primarily through blood-to-blood contact associated with poorly sterilized medical equipment, and transfusions. An estimated 150-200 million people worldwide are infected with hepatitis C.

Zydus Cadila is an innovative, global pharmaceutical company that discovers, develops, manufactures and markets a broad range of healthcare therapies. It is the only Indian pharma company to launch its own patented NCE - Lipaglyn, the world’s first drug to be approved for the treatment of diabetic dyslipidemia.

Zydus Lifesciences Share Price

1087.75 -16.60 (-1.50%)
15-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1806.45
Dr. Reddys Lab 1279.25
Cipla 1381.50
Zydus Lifesciences 1087.75
Lupin 2273.50
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