SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Natco Pharma gains on settling generic Carfilzomib Injection patent litigation in US market

31 May 2019 Evaluate

Natco Pharma is currently trading at Rs. 525.45, up by 9.55 points or 1.85% from its previous closing of Rs. 515.90 on the BSE.

The scrip opened at Rs. 521.00 and has touched a high and low of Rs. 530.75 and Rs. 516.00 respectively. So far 9028 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 849.00 on 12-Sep-2018 and a 52 week low of Rs. 482.00 on 28-May-2019.

Last one week high and low of the scrip stood at Rs. 536.35 and Rs. 482.00 respectively. The current market cap of the company is Rs. 9555.24 crore.

The promoters holding in the company stood at 48.71%, while Institutions and Non-Institutions held 28.52% and 22.77% respectively.

Natco Pharma has reached a Settlement Agreement with Onyx Therapeutics, Inc. on patent litigation related to generic versions of 10mg, 30mg and 60mg of Kyprolis. The company has partnered with Breckenridge Pharmaceutical, Inc., who will market the product in the United States.

By virtue of the settlement, Natco and Breckenridge have been granted a license permitting the launch of their generic carfilzomib product on a date that is held as confidential in 2027 or sooner depending on certain occurrences. The parties cannot make further comment as to the terms of the Settlement Agreement.

The company believes that its 10mg ANDA is sole first to file and could be eligible for 180-days marketing exclusivity for the 10mg strength under certain circumstances. Kyprolis reportedly had sales of $586 million for the year ending December 2018 in the United States. Kyprolis is a registered trademark of Onyx Therapeutics, Inc.

Natco Pharma was promoted as a private company to be in the business of research, developing, manufacturing and marketing of pharmaceutical substances and finished dosage forms for Indian and International markets.

Natco Pharma Share Price

1118.95 31.25 (2.87%)
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..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×