Zydus Lifesciences surges on getting final approval from USFDA for Lacosamide Injection

01 Jul 2022 Evaluate

Zydus Lifesciences is currently trading at Rs. 357.90, up by 1.15 points or 0.32% from its previous closing of Rs. 356.75 on the BSE.

The scrip opened at Rs. 357.25 and has touched a high and low of Rs. 358.60 and Rs. 354.50 respectively. So far 3341 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 655.00 on 01-Jul-2021 and a 52 week low of Rs. 319.40 on 11-May-2022.

Last one week high and low of the scrip stood at Rs. 359.05 and Rs. 349.50 respectively. The current market cap of the company is Rs. 36644.87 crore.

The promoters holding in the company stood at 74.88%, while Institutions and Non-Institutions held 15.44% and 9.69% respectively.

Zydus Lifesciences has received final approval from the United States Food and Drug Administration (USFDA) to market Lacosamide Injection USP, 200 mg/20 mL (10 mg/mL) single-dose vials (US RLD: Vimpat).

Lacosamide Injection is used to treat partial-onset seizures. It is also used with other medicines to treat primary generalized tonic-clonic seizures. It acts on the Central Nervous System (CNS) to reduce the number and severity of seizures. The drug will be manufactured at the group’s injectables manufacturing facility at Jarod, India.

The group now has 316 approvals and has so far filed over 420 ANDAs since the commencement of the filing process in FY 2003-04.

Zydus Lifesciences (formerly known as Cadila Healthcare) is an India-based pharmaceutical company. The company's subsidiaries include Zydus Wellness, Liva Pharmaceuticals, Biochem Pharmaceutical Industries, Zydus Technologies, German Remedies, Dialforhealth India, Dialforhealth Unity and Dialforhealth Greencross, among others.


Zydus Lifesciences Share Price

934.50 -10.65 (-1.13%)
18-Apr-2024 16:01 View Price Chart
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