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Jubilant Life Sciences surges on receiving ANDA approval for Levofloxacin Tablets

23 Jun 2015 Evaluate

Jubilant Life Sciences is currently trading at Rs 175.10, up by 4.55 points or 2.67% from its previous closing of Rs 170.55 on the BSE.

The scrip opened at Rs. 173.00 and has touched a high and low of Rs. 177.00 and Rs. 172.15 respectively. So far 125991 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 214.90 on 02-Jul-2014 and a 52 week low of Rs. 116.10 on 17-Dec-2014.

Last one week high and low of the scrip stood at Rs. 182.85 and Rs. 167.10 respectively. The current market cap of the company is Rs. 2796.98 crore.

The promoters holding in the company stood at 54.02% while Institutions and Non-Institutions held 22.47% and 23.50% respectively.

Jubilant Life Sciences, an integrated global Pharmaceuticals and Life Sciences Company, has received Abbreviated New Drug Application (ANDA) final approval from the US Food and Drug Administration (USFDA) for Levofloxacin Tablets, 250mg and 500mg, the generic version of Levaquin Tablets (of Ortho-McNeil), which is used for the treatment of adults with infections such as pneumonia, bacterial sinusitis, chronic bronchitis, skin and skin structure infections, chronic bacterial prostatitis, urinary tract infections and inhalational anthrax.

The total market size for Levofloxacin Tablets as per IMS is $28 million per annum. As on March 31, 2015, Jubilant Life Sciences had a total of 806 filings for formulations of which 368 have been approved in various regions globally. This includes 72 ANDAs filed in the US, of which 38 have been approved and 46 Dossier filings in Europe.

Jubilant Life Sciences is an integrated global Pharmaceutical and Life Sciences Company engaged in manufacture and supply of APIs, Solid Dosage Formulations, Specialty Pharmaceuticals and Life Science Ingredients.

Jubilant Pharmova Share Price

904.40 -7.20 (-0.79%)
20-Apr-2026 16:59 View Price Chart
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