Claris Lifesciences is currently trading at Rs 181.50, up by 2.70 points or 1.51% from its previous closing of Rs 178.80 on the BSE.
The scrip opened at Rs 181.50 and has touched a high and low of Rs 183.95 and Rs 180.20 respectively. So far 7547 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 292.20 on 05-Dec-2012 and a 52 week low of Rs 147.20 on 18-May-2012.
Last one week high and low of the scrip stood at Rs 182.05 and Rs 176.60 respectively. The current market cap of the company is Rs 1141.06 crore.
The promoters holding in the company stood at 62.06% while Institutions and Non-Institutions held 24.15% and 13.79% respectively.
Claris Lifesciences has received an Abbreviated New Drug Application (ANDA) approval for Metoprolol Tartrate Injection; having strength of 1mg / ml in 5 ml glass vials; in the United States of America (US). Metoprolol Tartrate Injection is used to treat angina (chest pain) and hypertension (high blood pressure). It is also used to treat or prevent heart attack.
According to the American Heart Association, an estimated 1.4 million people annually will suffer a heart attack or AMI. IMS data indicates 2009 sales of Metoprolol at approximately $13 million.
Claris is also one of the few injectables companies in India to have its own front end in the US, the company markets its products through its wholly owned subsidiary Claris Lifesciences Inc. The company now has 10 ANDAs approved in its name across 6 molecules. The company has a total filing of 32 ANDAs across 21 molecules.
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