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Aurobindo Pharma gains on receiving USFDA nod for Flecainide Acetate Tablets

10 Jul 2015 Evaluate

Aurobindo Pharma is currently trading at Rs. 1460.80, up by 9.65 points or 0.66% from its previous closing of Rs. 1451.15 on the BSE.

The scrip opened at Rs. 1480.00 and has touched a high and low of Rs. 1481.00 and Rs. 1458.50 respectively. So far 30045 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1481.00 on 10-Jul-2015 and a 52 week low of Rs. 644.65 on 10-Jul-2014.

Last one week high and low of the scrip stood at Rs. 1481.00 and Rs. 1391.60 respectively. The current market cap of the company is Rs. 42797.30 crore.

The promoters holding in the company stood at 53.92% while Institutions and Non-Institutions held 35.75% and 10.33% respectively.

Aurobindo Pharma has received final approval from the US Food & Drug Administration (USFDA) to manufacture and market Flecainide Acetate Tablets USP 50 mg, 100 mg and 150 mg (ANDA 202821). The company will commence shipping shortly. This is the 40th ANDA to be approved out of Unit VII formulation facility in Hyderabad, India for manufacturing Oral Non-betalactam products.

Flecainide Acetate Tablets are an antiarrhythmic agent with an estimated market size of $61 Million for the twelve months ending April 2015. The approved ANDA is bioequivalent and therapeutically equivalent to the reference listed drug product (RLD) Tambocor Tablets, 50 mg, 100 mg, 150 mg.

Aurobindo is a 'Vertically Integrated' pharmaceutical companies in India, It has robust product portfolio spread over major product areas encompassing CVS, CNS, Anti-Retroviral, Antibiotics, Gastroenterologicals, Anti-Diabetics and Anti-Allergic with approved manufacturing facilities by USFDA, UKMHRA, WHO, MCC-SA, ANVISA-Brazil for both APIs & Formulations.

 

Aurobindo Pharma Share Price

1371.90 -13.75 (-0.99%)
20-Apr-2026 12:54 View Price Chart
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