Alembic Pharmaceuticals rises on getting USFDA’s approval for Doxycycline Hyclate Tablets

Alembic Pharmaceuticals Ltd. | Pharmaceuticals & Drugs | Healthcare | BSE: 533573 | NSE: APLLTD

01 Jul 2020 Evaluate

Alembic Pharmaceuticals is currently trading at Rs. 919.65, up by 6.25 points or 0.68% from its previous closing of Rs. 913.40 on the BSE.

The scrip opened at Rs. 910.00 and has touched a high and low of Rs. 922.60 and Rs. 906.00 respectively. So far 3905 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 984.00 on 22-Jun-2020 and a 52 week low of Rs. 436.10 on 23-Mar-2020.

Last one week high and low of the scrip stood at Rs. 929.85 and Rs. 874.00 respectively. The current market cap of the company is Rs. 17093.68 crore.

The promoters holding in the company stood at 72.97%, while Institutions and Non-Institutions held 15.15% and 11.88% respectively.

Alembic Pharmaceuticals has received final approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) Doxycycline Hyclate Tablets USP, 75 mg and 150 mg. The approved ANDA is therapeutically equivalent to the reference listed drug product (RLD), Acticlate Tablets, 75 mg and 150 mg, of Almirall, LLC. Doxycycline Hyclate Tablets, 75 mg and 150 mg are indicated for the treatment of certain Rickettsial, sexually transmitted, respiratory tract, bacterial and ophthalmic infections.

Doxycycline Hyclate Tablets USP, 75 mg and 150 mg have an estimated market size of $17 million for twelve months ending March 2020. The company now has a total of 125 ANDA approvals (111 final approvals and 14 tentative approvals) from USFDA.

Alembic Pharmaceuticals, a vertically integrated research and development pharmaceutical company, has been at the forefront of Healthcare since 1907.

Alembic Pharma Share Price

785.40 8.05 (1.04%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Sun Pharma Inds.	1847.30
Dr. Reddys Lab	1293.25
Cipla	1347.70
Zydus Lifesciences	938.90
Lupin	2377.90
View more..

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