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Unichem Lab surges on receiving final ANDA approval for Alfuzosin Hydrochloride Tablets

Unichem Laboratories Ltd. | Pharmaceuticals & Drugs | Healthcare | BSE: 506690 | NSE: UNICHEMLAB

29 Jan 2016 Evaluate

Unichem Laboratories is currently trading at Rs 238.50, up by 5.95 points or 2.56% from its previous closing of Rs. 232.55 on the BSE.

The scrip opened at Rs 234.50 and has touched a high and low of Rs 245.90 and Rs 232.00 respectively. So far 29843 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 334.00 on 06-Oct-2015 and a 52 week low of Rs. 174.00 on 08-Jun-2015.

Last one week high and low of the scrip stood at Rs. 249.30 and Rs. 217.60 respectively. The current market cap of the company is Rs. 2168.38 crore.

The promoters holding in the company stood at 50.11%, while Institutions and Non-Institutions held 18.36% and 31.53% respectively.

Unichem Laboratories has received Final ANDA approval (Tentative Approval was received earlier) from the United States Food and Drug Administration (USFDA) for Alfuzosin Hydrochloride Extended-Release Tablets USP. Alfuzosin Hydrochloride Extended-Release Tablets USP 10mg is therapeutically equivalent to Uroxatral Extended-release Tablets, 10 mg, of Concordia Pharmaceuticals, Inc. (Concordia).

Alfuzosin Hydrochloride Extended-Release Tablets USP is the company's first PARA IV ANDA approval from the USFDA. Alfuzosin MCI is an alpha adrenergic antagonist, indicated for the treatment of signs and symptoms of benign prostatic hyperplasia in adults. The product will be commercialized from the company’s Goa plant. Active Pharmaceutical Ingredient will also be made in house at Pithampur API Plant. The company now has total of 20 ANDA approvals from USFDA.

Unichem Laboratories is an international, integrated, specialty pharmaceutical company. It manufactures and markets a large basket of pharmaceutical formulations as branded generics as well as generics in India and several other markets across the world.

Unichem Lab Share Price

350.85 4.85 (1.40%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Sun Pharma Inds.	1675.20
Dr. Reddys Lab	1235.40
Cipla	1238.30
Zydus Lifesciences	942.55
Lupin	2324.25
View more..

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Unichem Lab surges on receiving final ANDA approval for Alfuzosin Hydrochloride Tablets

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