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Aurobindo Pharma strengthens on getting USFDA nod for Amlodipine, Benazepril Capsules

07 Sep 2012 Evaluate

Aurobindo Pharma is currently trading at Rs. 123.15, up by 3.85 points or 3.23% from its previous closing of Rs. 119.30 on the BSE.

The scrip opened at Rs. 120.00 and has touched a high and low of Rs. 123.70 and Rs. 119.50 respectively. So far 254880 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 144.30 on 21-Sep-2011 and a 52 week low of Rs. 80.35 on 18-Nov-2011.

Last one week high and low of the scrip stood at Rs. 123.70 and Rs. 111.15 respectively. The current market cap of the company is Rs. 3580.79 crore.

The promoters holding in the company stood at 54.76% while Institutions and Non-Institutions held 30.34% and 14.91% respectively.

Aurobindo Pharma has received final approvals from the US Food & Drug Administration (USFDA) to manufacture and market Amlodipine Besylate and Benazepril Hydrochloride Capsules 2.5mg/10mg, 5mg/20mg, 5mg/40mg, 10mg/20mg, and 10mg/40mg (ANDA 202239). The products are ready for launch.

Amlodipine Besylate and Benazepril Hydrochloride Capsules are the generic bioequivalent to the reference listed drug Lotrel Capsules of Norvatis Pharmaceutical Corp. According to IMS, the annual sales of Amlodipine Besylate and Benazepril Hydrochloride Capsules is about $500 million for the twelve months ending March 2012.

The products have been approved out of Unit VII (SEZ) formulations facility in Hyderabad, India. The company now has a total of 158 ANDA approvals - 133 final approvals including 1 from Aurolife Pharma LLC and 25 tentative approvals from USFDA.

Aurobindo Pharma has a product presence in key therapeutic segments like SSPs, cephalosporins, antivirals, CNS, cardio-vascular, gastroenterology, etc. The company is the market leader in semi-synthetic penicillin drugs.

Aurobindo Pharma Share Price

1385.65 -0.45 (-0.03%)
17-Apr-2026 16:59 View Price Chart
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