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Natco Pharma gains on launching generic version of Sofosbuvir, Velpanat in Nepal

02 Jan 2017 Evaluate

Natco Pharma is currently trading at Rs. 586.70, up by 6.10 points or 1.05% from its previous closing of Rs. 580.60 on the BSE.

The scrip opened at Rs. 600.00 and has touched a high and low of Rs. 600.00 and Rs. 582.50 respectively. So far 13,222 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 703.95 on 25-Aug-2016 and a 52 week low of Rs. 390.00 on 29-Mar-2016.

Last one week high and low of the scrip stood at Rs. 610.00 and Rs. 555.50 respectively. The current market cap of the company is Rs. 10,226.64 crore.

The promoters holding in the company stood at 51.28%, while Institutions and Non-Institutions held 25.89% and 22.83% respectively.

Natco Pharma has launched the first generic version of Sofosbuvir 400mg/Velpatasvir 100mg fixed dose combination in Nepal. It will market Sofosbuvir 400mg/Velpatasvir 100mg under the brand name Velpanat. The company priced its generic medicine of Velpanat at an MRP of Rs 25,000 equivalent for a bottle of 28 tablets in Nepal.

The company has signed a non-exclusive licensing agreement with Gilead Sciences, Inc., to manufacture and sell generic versions of its chronic hepatitis C medicines in 101 developing countries. Sofosbuvir 400mg/Velpatasvir 100mg fixed dose combination is sold by Gilead Sciences, Inc., under brand name Epclusa.

Natco Pharma was promoted as a private company to be in the business of research, developing, manufacturing and marketing of pharmaceutical substances and finished dosage forms for Indian and International markets.


Natco Pharma Share Price

1120.30 1.35 (0.12%)
20-Apr-2026 10:43 View Price Chart
Peers
Company Name CMP
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Lupin 2330.00
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