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Cipla rises on receiving USFDA's nod for Generic Viread Tablets

Cipla Ltd. | Pharmaceuticals & Drugs | Healthcare | BSE: 500087 | NSE: CIPLA

29 Jan 2018 Evaluate

Cipla is currently trading at Rs. 624.80, up by 3.50 points or 0.56% from its previous closing of Rs. 621.30 on the BSE.

The scrip opened at Rs. 625.00 and has touched a high and low of Rs. 628.25 and Rs. 624.00 respectively. So far 1,990 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 663.00 on 07-Nov-2017 and a 52 week low of Rs. 479.00 on 26-May-2017.

Last one week high and low of the scrip stood at Rs. 630.60 and Rs. 593.00 respectively. The current market cap of the company is Rs. 50,231.00 crore.

The promoters holding in the company stood at 37.24%, while Institutions and Non-Institutions held 37.84% and 24.92% respectively.

Cipla has received final approval for its Abbreviated New Drug Application (ANDA) for Tenofovir Disoproxil Fumarate Tablets, 300mg, from the United States Food and Drug Administration (USFDA) to market a generic version of Gilead Sciences’ Viread Tablets, 300mg.

The company’s Tenofovir Disoproxil Fumarate Tablets, 300mg, are AB-rated generic equivalents of Gilead Sciences' Viread Tablets, 300mg, and are indicated in combination with other antiretroviral (ARV) agents for the treatment of HIV -1 infection in adults and paediatric patients 12 years of age and older. Cipla is excited to add this important antiretroviral product to its growing portfolio of ARVs in the U.S.

The product will be available for commercial shipment in the US immediately. Viread Tablets, 300mg, had U.S. sales of approximately $725M for the 12-month period ending November 2017.

Cipla is a global pharmaceutical company which uses cutting edge technology and innovation to meet the everyday needs of all patients. The company’s portfolio includes over 1500 products across wide range of therapeutic categories with one quality standard globally.

Cipla Share Price

1238.30 7.55 (0.61%)

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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Cipla rises on receiving USFDA's nod for Generic Viread Tablets

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