Venus Remedies touches roof on getting marketing authorization from SFDA for Plerixafor

Venus Remedies Ltd. | Pharmaceuticals & Drugs | Healthcare | BSE: 526953 | NSE: VENUSREM

22 May 2026 Evaluate

Venus Remedies is currently locked its upper circuit at Rs. 1082.95, up by 51.55 points or 5.00% from its previous closing of Rs. 1031.40 on the BSE.

The scrip opened at Rs. 1041.00 and has touched a high and low of Rs. 1082.95 and Rs. 1041.00 respectively. So far 10077 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1119.00 on 16-Apr-2026 and a 52 week low of Rs. 347.90 on 22-May-2025.

Last one week high and low of the scrip stood at Rs. 1,082.95 and Rs. 877.75 respectively. The current market cap of the company is Rs. 1447.58 crore.

The promoters holding in the company stood at 41.76%, while Institutions and Non-Institutions held 4.00% and 54.24% respectively.

Venus Remedies has received Marketing Authorization from the Saudi Food and Drug Authority (SFDA) for Plerixafor. This is the first Marketing Authorization Venus Remedies has secured for Plerixafor anywhere in the world. It is also a deliberate step in the company's move toward complex, higher-value specialty injectables in oncology and critical care, replacing reliance on commodity injectable volumes with differentiated therapies in regulated markets.

Plerixafor is a hematopoietic stem cell mobilizer used in combination with granulocyte-colony stimulating factor (G-CSF) to mobilize stem cells into peripheral blood for collection and autologous transplantation. It is standard-of-care in haemato-oncology, particularly for patients with multiple myeloma and non-Hodgkin lymphoma undergoing transplant.

Venus Remedies is one of the handful player in pharmaceutical sector to launch world global injectable manufacturers.

Venus Remedies Share Price

1559.15 74.20 (5.00%)

04-Jun-2026 16:59 View Price Chart

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