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Marksans Pharma gains on getting approval from USFDA for Acetaminophen Extended-Release Tablets

Marksans Pharma Ltd. | Pharmaceuticals & Drugs | Healthcare | BSE: 524404 | NSE: MARKSANS

27 Aug 2021 Evaluate

Marksans Pharma is currently trading at Rs. 71.90, up by 0.25 points or 0.35% from its previous closing of Rs. 71.65 on the BSE.

The scrip opened at Rs. 72.90 and has touched a high and low of Rs. 72.90 and Rs. 70.65 respectively. So far 196413 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 97.50 on 14-Jun-2021 and a 52 week low of Rs. 43.50 on 01-Sep-2020.

Last one week high and low of the scrip stood at Rs. 72.90 and Rs. 62.40 respectively. The current market cap of the company is Rs. 2920.45 crore.

The promoters holding in the company stood at 48.25%, while Institutions and Non-Institutions held 3.70% and 48.05% respectively.

Marksans Pharma has received approval from USFDA for an Abbreviated New Drug Application (ANDA) for Acetaminophen Extended-Release Tablets USP, 650 mg (OTC). Acetaminophen Extended-Release Tablets are bioequivalent to the reference listed drug, Tylenol Extended-Release Tablets, 650 mg, of Johnson & Johnson Consumer Inc., McNeil Consumer Healthcare Division. This product approval endorses the capability of Marksans to develop and deliver products on a high barrier platform technology of extended-release tablets. Extended release is an advanced technology and is a solution to patient compliance to avoid repeated dosages at short intervals. Marksans will manufacture the products at its USFDA approved state-of-the-art solid oral dosage facility located at Goa, India.

Marksans Pharma together with its subsidiaries operates as an integrated international pharmaceutical company. The company’s business is distribution of pharmaceutical products.

Marksans Pharma Share Price

179.55 -0.95 (-0.53%)

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..

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Marksans Pharma gains on getting approval from USFDA for Acetaminophen Extended-Release Tablets

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