Aurobindo Pharma is currently trading at Rs. 141.65, up by 1.90 points or 1.36% from its previous closing of Rs. 139.75 on the BSE.
The scrip opened at Rs. 141.05 and has touched a high and low of Rs. 143.40 and Rs. 140.30 respectively. So far 153.70 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 204.90 on 07-Jan-2013 and a 52 week low of Rs. 99.65 on 10-Aug-2012.
Last one week high and low of the scrip stood at Rs. 160.25 and Rs. 136.10 respectively. The current market cap of the company is Rs. 4,124 crore.
The promoters holding in the company stood at 54.76% while Institutions and Non-Institutions held 30.42% and 14.82% respectively.
Aurobindo Pharma has received final approvals from the US Food & Drug Administration (USFDA) to manufacture and market Valsartan and Hydrochlorothiazide Tablets USP, 80mg/12.5mg, 160mg/12.5mg, 160mg/25mg, 320mg/12.5mg and 320mg/25mg (ANDA 202519). The product is ready for launch.
Valsartan and Hydrochlorothiazide Tablets USP, 80mg/12.5mg, 160mg/12.5mg, 160mg/25mg, 320mg/12.5mg and 320mg/25mg is generic equivalent to Novartis Pharmaceuticals Corp.’s Diovan HCT Tablets 80mg/12.5mg, 160mg/12.5mg, 160mg/25mg, 320mg/12.5mg and 320mg/25mg respectively. The product is indicated for the treatment of hypertension, to lower blood pressure and falls under the cardiovascular (CVS) therapeutic category. The market size of the product is approximately US$1.7 Billion for the twelve months ending September 2012.
Aurobindo now has a total of 181 ANDA approvals (156 Final approvals including 2 from Aurolife Pharma LLC and 25 Tentative approvals) from USFDA.
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