Aurobindo Pharma is currently trading at Rs. 815.00, up by 0.25 points or 0.03% from its previous closing of Rs. 814.75 on the BSE.
The scrip opened at Rs. 823.00 and has touched a high and low of Rs. 827.00 and Rs. 791.45 respectively. So far 71,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 891.50 on 30-Dec-2015 and a 52 week low of Rs. 490.50 on 26-Feb-2015.
Last one week high and low of the scrip stood at Rs. 848.80 and Rs. 791.45 respectively. The current market cap of the company is Rs. 47,593.00 crore.
The promoters holding in the company stood at 53.92% while Institutions and Non-Institutions held 34.97% and 11.11% respectively.
Aurobindo Pharma has received final approval from the US Food & Drug Administration (USFDA) to manufacture and market Paricalcitol Capsules, 1 mcg, 2 mcg, and 4 mcg. This product is expected to be launched in Q1 FY16-17. The approved ANDA is bioequivalent and therapeutically equivalent to the reference listed drug product (RLD) Zemplar capsules 1 mcg, 2 mcg and 4 mcg of ABBVIE.
Paricalcitol Capsules is used for the prevention and treatment of high levels of parathyroid hormone in certain patients with chronic kidney disease. The approved product has an estimated market size of $38 million for the twelve months ending November 2015 according to IMS.
This is the 58th ANDA to be approved out of Unit VII formulation facility in Hyderabad, India for manufacturing Oral Non-Antibiotic products. The pharma major now has a total of 231 ANDA approvals (200 Final approvals including 10 from Aurolife Pharma LLC and 31 Tentative approvals) from USFDA.
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