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Aurobindo Pharma rises on receiving USFDA approval for Ibandronate Sodium Injection

21 Aug 2015 Evaluate

Aurobindo Pharma is currently trading at Rs. 808.60, up by 10.15 points or 1.27% from its previous closing of Rs. 798.45 on the BSE.

The scrip opened at Rs. 798.00 and has touched a high and low of Rs. 809.40 and Rs. 773.55 respectively. So far 1,60,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 832.50 on 20-Aug-2015 and a 52 week low of Rs. 382.50 on 24-Sep-2014.

Last one week high and low of the scrip stood at Rs. 832.50 and Rs. 758.60 respectively. The current market cap of the company is Rs. 47,245.00 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 approvals from the US Food & Drug Administration (USFDA) to manufacture and market Ibandronate Sodium Injection, 3mg/3mL (1mg/mL), (ANDA 205332). Ibandronate Sodium Injection, 3mg/3mL (1mg/mL) is bioequivalent and therapeutically equivalent to the reference listed drug product (RLD) Boniva Injection, 3mg/3mL (1mg/mL) of Hoffmann-La Roche, Inc. Ibandronate Sodium Injection is indicated for the treatment of osteoporosis in postmenopausal women.

Aurobindo now has 14 ANDAs (represented by 11 product classes) approved out of Unit IV formulation facility in Hyderabad, India for manufacturing general injectable products and will be marketed and sold by Aurobindo's wholly owned subsidiary AuroMedics Pharma LLC.

Aurobindo Pharma, headquartered at Hyderabad, India, manufactures generic pharmaceuticals and active pharmaceutical ingredients. The company’s manufacturing facilities are approved by several leading regulatory agencies like US FDA, UK MHRA, Japan PMDA, WHO, Health Canada, MCC South Africa, ANVISA Brazil. 



Aurobindo Pharma Share Price

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