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Unichem Laboratories gains on receiving ANDA approval for migraine drug

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

09 Mar 2017 Evaluate

Unichem Laboratories is currently trading at Rs. 266.80, up by 3.25 points or 1.23% from its previous closing of Rs. 263.55 on the BSE.

The scrip opened at Rs. 263.00 and has touched a high and low of Rs. 268.00 and Rs. 263.00 respectively. So far 22501 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 319.90 on 20-Oct-2016 and a 52 week low of Rs. 210.10 on 18-Mar-2016.

Last one week high and low of the scrip stood at Rs. 271.80 and Rs. 253.70 respectively. The current market cap of the company is Rs. 2423.68 crore.

The promoters holding in the company stood at 50.08%, while Institutions and Non-Institutions held 17.32% and 32.60% respectively.

Unichem Laboratories has received ANDA approval from the United States Food and Drug Administration (USFDA) for Rizatriptan Benzoate ODT 5mg & 10mg and Rizatriptan Benzoate Tablets USP, 5mg & 10mg which are therapeutically equivalent to Maxalt - MLT Tablets 5mg & 10mg and Maxalt Tablets 5mg 10mg of Merck & Company, Inc.

Rizatriptan Benzoate Tablets USP, 5mg & 10mg and Rizatriptan Benzoate ODT USP, 5mg & 10mg; is a serotonin (5-HT) 1B/1D receptor agonist (triptan) indicated for the acute treatment of migraine in adults and in pediatric patients 6 to 17 years of age. The product will be commercialized from Unichem’s Goa plant. Active Pharmaceutical Ingredient will also be made in house at Roha API Plant.

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. In India, the company is a leader in niche therapy areas of cardiology, neurology, orthopedics and anti-infectives.

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
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Unichem Laboratories gains on receiving ANDA approval for migraine drug

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