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Natco Pharma jumps after its marketing partner gets approval for Carfilzomib Vials

14 Jun 2021 Evaluate

Natco Pharma is currently trading at Rs. 1117.45, up by 20.00 points or 1.82% from its previous closing of Rs. 1097.45 on the BSE.

The scrip opened at Rs. 1097.45 and has touched a high and low of Rs. 1119.55 and Rs. 1056.85 respectively. So far 303276 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1188.95 on 24-May-2021 and a 52 week low of Rs. 590.00 on 12-Jun-2020.

Last one week high and low of the scrip stood at Rs. 1144.00 and Rs. 1022.10 respectively. The current market cap of the company is Rs. 20012.49 crore.

The promoters holding in the company stood at 48.87%, while Institutions and Non-Institutions held 32.49% and 18.65% respectively.

Natco Pharma’s marketing partner -- Breckenridge Pharmaceutical Inc (BPI) has received approval for its Abbreviated New Drug Application (ANDA) for Carfilzomib Vials ANDA (generic for KYPROLIS), from the U.S. Food and Drug Administration (USFDA). The parties have received final approval for 10mg and 60mg strengths of the product and tentative approval for 30mg strength of the product. Based on the ANDA filing date NATCO believes that it is eligible for 180 days of sole generic marketing exclusivity for the 10mg strength and shared 180 days of generic marketing exclusivity for the 60mg strength of the product at the time of launch.

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

1099.10 -19.85 (-1.77%)
20-Apr-2026 16:59 View Price Chart
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