Dr. Reddy’s Lab soars on receives approval for Buprenorphine and Naloxone Sublingual Film

Dr. Reddys Laboratories Ltd. | Pharmaceuticals & Drugs | Healthcare | BSE: 500124 | NSE: DRREDDY

15 Jun 2018 Evaluate

Dr. Reddys Laboratories is currently trading at Rs. 2320.05, up by 51.65 points or 2.28% from its previous closing of Rs. 2268.40 on the BSE.

The scrip opened at Rs. 2319.00 and has touched a high and low of Rs. 2345.95 and Rs. 2290.00 respectively. So far 14972 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2788.00 on 24-Jul-2017 and a 52 week low of Rs. 1888.00 on 21-May-2018.

Last one week high and low of the scrip stood at Rs 2,345.95 and Rs. 2,052.10 respectively. The current market cap of the company is Rs. 37649.37 crore.

The promoters holding in the company stood at 26.76%, while Institutions and Non-Institutions held 45.05% and 28.18% respectively.

Dr. Reddy's Laboratories has received final approval from the US Food and Drug Administration (USFDA) and is launching Buprenorphine and Naloxone Sublingual Film, 2 mg/0.5 mg, 4 mg/1 mg, 8 mg/2 mg, and 12 mg/3 mg, a therapeutic equivalent generic version of Suboxone (buprenorphine and naloxone) sublingual film, in the United States market. The product is being launched with an approved Risk Evaluation and Mitigation Strategy (REMS) Program.

Buprenorphine and naloxone are used to treat adults with opioid dependence/addiction. Buprenorphine helps suppress withdrawal symptoms caused by discontinuation of opioid drugs, and naloxone reverses and blocks the effect of opioids. This combination of medications is used as part of a complete treatment program including prescription monitoring, counseling, and psychosocial support.

Dr. Reddy’s Laboratories is a multinational pharmaceutical company based in Hyderabad, Telangana in India. It manufactures and markets a wide range of pharmaceuticals in India and overseas.

Dr. Reddys Labs. Share Price

1374.55 28.30 (2.10%)

03-Jul-2026 16:59 View Price Chart

Peers

Company Name	CMP
Sun Pharma. Inds.	1904.65
Dr. Reddys Labs.	1374.55
Cipla	1458.45
Zydus Lifesciences	1141.00
Lupin	2476.10
View more..

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