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Alembic Pharma rises on receiving USFDA nod for Telmisartan, Amlodipine Tablets

21 Nov 2016 Evaluate

Alembic Pharmaceuticals is currently trading at Rs. 613.30, up by 11.05 points or 1.83% from its previous closing of Rs. 602.25 on the BSE.

The scrip opened at Rs. 615.00 and has touched a high and low of Rs. 625.00 and Rs. 610.00 respectively. So far 2,884 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 727.25 on 30-Dec-2015 and a 52 week low of Rs. 514.35 on 05-Feb-2016.

Last one week high and low of the scrip stood at Rs. 640.00 and Rs. 590.50 respectively. The current market cap of the company is Rs. 11,561.00 crore.

The promoters holding in the company stood at 74.35%, while Institutions and Non-Institutions held 13.79% and 11.86% respectively.

Alembic Pharmaceuticals has received approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Telmisartan and Amlodipine Tablets, 40 mg/5 mg, 40 mg/10 mg, 80 mg/5 mg, and 80 mg/10 mg. The approved ANDA is therapeutically equivalent to the reference listed drug product (RLD) Twynstao Tablets, 40 mg/5 mg, 40 mg/10 mg, 80 mg/5 mg, and 80 mg/10 mg, of Boehringer Ingelheim Pharmaceuticals, Inc.

Telmisartan and Amlodipine Tablets are indicated for the treatment of hypertension, alone or with other antihypertensive agents to reduce blood pressure. The company now has a total of 50 ANDA approvals (44 final approvals and 6 tentative approvals) from USFDA.

Alembic Pharmaceuticals, a vertically integrated research and development pharmaceutical company, has been at the forefront of Healthcare since 1907. The company manufactures and markets generic pharmaceuticals products all over the world.


Alembic Pharma Share Price

759.00 -25.95 (-3.31%)
20-Apr-2026 16:59 View Price Chart
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