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Aurobindo Pharma spurts on getting USFDA’s nod for Rizatriptan Benzoate

Aurobindo Pharma Ltd. | Pharmaceuticals & Drugs | Healthcare | BSE: 524804 | NSE: AUROPHARMA

01 Jan 2013 Evaluate

Aurobindo Pharma is currently trading at Rs 193.05, up by 3.75 points or 1.98% from its previous closing of Rs 189.30 on the BSE.

The scrip opened at Rs 190.75 and has touched a high and low of Rs 193.90 and Rs 190.40 respectively. So far 102777 shares were traded on the counter.

The BSE group 'A' stock of face value Re 1 has touched a 52 week high of Rs 201.40 on 05-Dec-2012 and a 52 week low of Rs 85.05 on 02-Jan-2012.

Last one week high and low of the scrip stood at Rs 196.65 and Rs 187.00 respectively. The current market cap of the company is Rs 5633.20 crore.

The promoters holding in the company stood at 54.76% while Institutions and Non-Institutions held 29.33% and 15.91% respectively.

Aurobindo Pharma has received final approval from the US Food & Drug Administration (USFDA) to manufacture and market Rizatriptan Benzoate Tablets 5mg (base) and 10mg (base) (ANDA 202490), which was earlier tentatively approved. The product is ready for launch.

Rizatriptan Benzoate Tablets 5mg (base) and 10mg (base) is the generic equivalent of Merck and Co’s Maxalt Tablets 5mg (base) and 10mg (base) and is indicated for the acute treatment of migraine with or without aura in adults and in pediatric patients 6 to 17 years old.

The annual sale of the product is approximately $300 million for the twelve months ending March 2012. The product has been approved out of Unit VII (SEZ) formulations facility in Hyderabad, India Aurobindo now has a total of 171 ANDA approvals (146 Final approvals including 2 from Aurolife Pharma LLC and 25 tentative approvals) from USFDA.

Aurobindo Pharma Share Price

1435.90 15.00 (1.06%)

23-Apr-2026 16:59 View Price Chart

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Aurobindo Pharma spurts on getting USFDA’s nod for Rizatriptan Benzoate

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