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Sun Pharm advances with USFDA accepting NDA filed by its arm

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

27 Dec 2017 Evaluate

Sun Pharmaceutical Industries is currently trading at Rs. 571.70, up by 31.25 points or 5.78% from its previous closing of Rs. 540.45 on the BSE.

The scrip opened at Rs. 545.00 and has touched a high and low of Rs. 576.00 and Rs. 543.15 respectively. So far 8,56,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 728.45 on 14-Mar-2017 and a 52 week low of Rs. 433.15 on 14-Aug-2017.

Last one week high and low of the scrip stood at Rs. 576.00 and Rs. 526.60 respectively. The current market cap of the company is Rs. 1,37,093.00 crore.

The promoters holding in the company stood at 54.38%, while Institutions and Non-Institutions held 32.05% and 13.57% respectively.

The US Food and Drug Administration (USFDA) has accepted a New Drug Application (NDA) filed by Sun Pharmaceutical Industries wholly owned subsidiary, for OTX-101 (cyclosporine A, ophthalmic solution) 0.09%, a novel nanomicellar formulation of cyclosporine A 0.09% in a clear, preservative-free aqueous solution. OTX-101 is now under review for approval by the USFDA, marking an important developmental milestone for Sun Pharma’s dry eye candidate.

Post the USFDA approval, OTX-101 will be commercialized in the US by Sun Ophthalmics, the branded ophthalmics division of Sun Pharma’s wholly owned subsidiary, based in Princeton, New Jersey. Sun Ophthalmics, founded in 2015, currently markets BromSite (bromfenac ophthalmic solution) 0.075% to eye care practitioners across US.

Sun Pharmaceutical Industries is the world’s fourth largest specialty generic pharmaceutical company and India’s top pharmaceutical company.

Sun Pharma Inds. Share Price

1675.20 -17.95 (-1.06%)

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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Sun Pharm advances with USFDA accepting NDA filed by its arm

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