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Sun Pharma rises on launching Imatinib Mesylate Tablets in USA

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

03 Feb 2016 Evaluate

Sun Pharmaceutical Industries is currently trading at Rs. 844.00, up by 9.65 points or 1.16% from its previous closing of Rs. 834.35 on the BSE.

The scrip opened at Rs. 839.05 and has touched a high and low of Rs. 845.00 and Rs. 830.05 respectively. So far 9,594 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1200.70 on 07-Apr-2015 and a 52 week low of Rs. 706.40 on 24-Nov-2015.

Last one week high and low of the scrip stood at Rs. 889.00 and Rs. 816.05 respectively. The current market cap of the company is Rs. 2,03,358.00 crore.

The promoters holding in the company stood at 54.97% while Institutions and Non-Institutions held 35.25% and 9.77% respectively.

Sun Pharmaceutical Industries and its subsidiaries have launched Imatinib Mesylate Tablets (therapeutic equivalent to Gleevec for indications approved by the FDA) in US market. Sun Pharma’s subsidiary received final approval for Imatinib Mesylate from FDA in December 2015. Being a First-to-File product, it was granted 180 days of marketing exclusivity by FDA from the time of its launch.

As part of this launch, in addition to strengthening distribution in USA, the company has rolled-out unique Sun Pharma Imatinib Mesylate Savings Card program. This program aims to deliver greater access to the drug for patients who have a commercial insurance but their out-of-pocket may exceed an affordable amount.

Sun Pharma has also launched an exclusive patient website providing detailed information about its Imatinib Mesylate, approved indications, side effects etc. Additionally, the website features detailed FAQs on the product.

Sun Pharma Inds. Share Price

1672.75 -2.45 (-0.15%)

20-Apr-2026 12:02 View Price Chart

Peers

Company Name	CMP
Sun Pharma Inds.	1672.75
Dr. Reddys Lab	1236.90
Cipla	1236.85
Zydus Lifesciences	938.40
Lupin	2328.70
View more..

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Sun Pharma rises on launching Imatinib Mesylate Tablets in USA

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