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Caplin Point Laboratories’ inches up with its arm getting USFDA’s nod for Glycopyrrolate injection

22 Mar 2019 Evaluate

Caplin Point Laboratories is currently trading at Rs. 405.35, up by 1.85 points or 0.46% from its previous closing of Rs. 403.50 on the BSE.

The scrip opened at Rs. 408.40 and has touched a high and low of Rs. 414.90 and Rs. 398.05 respectively. So far 30502 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 622.55 on 06-Apr-2018 and a 52 week low of Rs. 304.75 on 29-Jan-2019.

Last one week high and low of the scrip stood at Rs. 437.90 and Rs. 398.05 respectively. The current market cap of the company is Rs. 3085.71 crore.

The promoters holding in the company stood at 69.05%, while Institutions and Non-Institutions held 7.11% and 23.84% respectively.

Caplin Point Laboratories’ Wholly Owned Subsidiary -- Caplin Steriles has been granted final approval by the United States Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) Glycopyrrolate injection USP, 0.2mg/ml (in 1 ml, 2 ml, 5 ml and 20 ml vial presentations), a generic therapeutic equivalent version of Robinul from West-Ward Pharmaceuticals International Limited. Glycopyrrolate is an anticholinergic drug.

According to IQVIA (IMS Health), Glycopyrrolate had US sales data of approximately $110.12 Million for the 12 month period ending December 2018. Caplin Steriles has developed and filed a total of 11 ANDAs, of which 7 are on its own (Caplin Steriles) and 4 with partners.

Caplin Point Laboratories is engaged mainly in manufacturing a wide range of Ointments, Creams and other External application preparations in addition to the regular segments of pharmaceutical formulations.

Caplin Point Lab Share Price

1772.50 6.05 (0.34%)
17-Apr-2026 16:59 View Price Chart
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