Sun Pharma gains on receiving USFDA approval for generic Zyprexa Zydis tablets

Sun Pharmaceutical Industries Ltd. | Pharmaceuticals & Drugs | Healthcare | BSE: 524715 | NSE: SUNPHARMA

01 Mar 2012 Evaluate

Sun Pharmaceutical Industries is currently trading at Rs. 557.00, up by 7.05 points or 1.28% from its previous closing of Rs. 549.95 on the BSE.

The scrip opened at Rs. 553.00 and has touched a high and low of Rs. 558.65 and Rs. 553.00 respectively. So far 4,815 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 565.75 on 06-Feb-2012 and a 52 week low of Rs. 411.00 on 10-Mar-2011.

Last one week high and low of the scrip stood at Rs. 565.15 and Rs. 538.15 respectively. The current market cap of the company is Rs. 57,680.00 crore.

The promoters holding in the company stood at 63.72% while Institutions and Non-Institutions held 25.56% and 10.73% respectively.

Sun Pharmaceutical Industries has received an approval from US Food and Drug Administration (USFDA) for its abbreviated new drug application (ANDA) for generic version of Zyprexa Zydis, Olanzapine ODT, 5 mg, 10 mg, 15 mg and 20 mg.

These generic Olanzapine orally disintegrating tablets, 5 mg, 10 mg, 15 mg and 20 mg are therapeutic equivalents of Eli Lilly’s Zyprexa Zydis tablets. Olanzapine orally disintegrating tablets have annual sale of approximately $360 million in the US.

Olanzapine OD tablets are indicated for the treatment of schizophrenia, bipolar I disorder (manic or mixed episodes).

Sun Pharmaceutical Industries manufactures and markets a large basket of pharmaceutical formulations as branded generics as well as generics in India, US and several other markets across the world.

Sun Pharma Inds. Share Price

1850.40 29.65 (1.63%)

06-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Sun Pharma Inds.	1850.40
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Cipla	1365.25
Zydus Lifesciences	939.10
Lupin	2442.35
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