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Cadila Healthcare trades higher on the bourses

08 Mar 2018 Evaluate

Cadila Healthcare is currently trading at Rs. 382.25, up by 1.70 points or 0.45% from its previous closing of Rs. 380.55 on the BSE.

The scrip opened at Rs. 383.00 and has touched a high and low of Rs. 387.10 and Rs. 381.00 respectively. So far 5588 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 558.00 on 12-Jun-2017 and a 52 week low of Rs. 373.05 on 06-Feb-2018.

Last one week high and low of the scrip stood at Rs. 408.00 and Rs. 376.10 respectively. The current market cap of the company is Rs. 39188.87 crore.

The promoters holding in the company stood at 74.79%, while Institutions and Non-Institutions held 16.93% and 8.28% respectively.

Zydus Cadila has entered into a definitive agreement with Medicure International Inc., a subsidiary of Medicure Inc. (Medicure) to commercialize its 505(b)(2) New Drug Application (NDA) product, pitavastatin magnesium (ZYPITAMAG) in the United States. The launch of ZYPITAMAG, which is used to manage cholesterol levels, marks the first branded product launch for Zydus in the US.

Medicure is a US pharmaceutical company and has a proven track-record of successful commercialization of products in the therapeutic segments of cardiovascular and metabolic diseases. As a part of this agreement, Zydus will hold the NDA and Medicure will be responsible for the sales and marketing of ZYPITAMAG.

Zydus Cadila is an innovative, global pharmaceutical company that discovers, develops, manufactures and markets a broad range of healthcare therapies. 


Zydus Lifesciences Share Price

928.85 -7.50 (-0.80%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1665.25
Dr. Reddys Lab 1220.75
Cipla 1232.90
Zydus Lifesciences 928.85
Lupin 2311.75
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