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Natco Pharma gains on USFDA nod for generic Glycopyrrolate tablets

The stock was trading higher by 4% to Rs 552, extending its Wednesday's 6% rally on the BSE

SI Reporter  |  Mumbai 

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was trading higher by 4% to Rs 552, extending its Wednesday’s 6% rally on the BSE, after the company announced that it has received US Food and Drug Administration (FDA) for generic version of tablets.

“We received from our US agent on 22nd June 2016 intimating the approval for generic version of Tablets 1mg and 2mg from US FDA (Reference Listed Drug (RLD) is Robinul Tablets, 1 mg and Robinul Forte Tablets, 2 mg, of Casper Pharma LLC),” said in a statement.


will be manufactured at the company’s finished dosage facility located at Kothur, near Hyderabad.

said, the market potential of the product is not significant.

The company believes the product will not have any material or financial impact on its operations, it added.

The stock hit a high of Rs 572 on the BSE in intra-day trade. The trading volumes on the counter jumped more than three-fold with a combined 1.86 million shares changed hands on the BSE and NSE till 01:32 PM.
 

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Natco Pharma gains on USFDA nod for generic Glycopyrrolate tablets

The stock was trading higher by 4% to Rs 552, extending its Wednesday's 6% rally on the BSE

The stock was trading higher by 4% to Rs 552, extending its Wednesday's 6% rally on the BSE
was trading higher by 4% to Rs 552, extending its Wednesday’s 6% rally on the BSE, after the company announced that it has received US Food and Drug Administration (FDA) for generic version of tablets.

“We received from our US agent on 22nd June 2016 intimating the approval for generic version of Tablets 1mg and 2mg from US FDA (Reference Listed Drug (RLD) is Robinul Tablets, 1 mg and Robinul Forte Tablets, 2 mg, of Casper Pharma LLC),” said in a statement.

will be manufactured at the company’s finished dosage facility located at Kothur, near Hyderabad.

said, the market potential of the product is not significant.

The company believes the product will not have any material or financial impact on its operations, it added.

The stock hit a high of Rs 572 on the BSE in intra-day trade. The trading volumes on the counter jumped more than three-fold with a combined 1.86 million shares changed hands on the BSE and NSE till 01:32 PM.
 

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Business Standard
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Natco Pharma gains on USFDA nod for generic Glycopyrrolate tablets

The stock was trading higher by 4% to Rs 552, extending its Wednesday's 6% rally on the BSE

was trading higher by 4% to Rs 552, extending its Wednesday’s 6% rally on the BSE, after the company announced that it has received US Food and Drug Administration (FDA) for generic version of tablets.

“We received from our US agent on 22nd June 2016 intimating the approval for generic version of Tablets 1mg and 2mg from US FDA (Reference Listed Drug (RLD) is Robinul Tablets, 1 mg and Robinul Forte Tablets, 2 mg, of Casper Pharma LLC),” said in a statement.

will be manufactured at the company’s finished dosage facility located at Kothur, near Hyderabad.

said, the market potential of the product is not significant.

The company believes the product will not have any material or financial impact on its operations, it added.

The stock hit a high of Rs 572 on the BSE in intra-day trade. The trading volumes on the counter jumped more than three-fold with a combined 1.86 million shares changed hands on the BSE and NSE till 01:32 PM.
 

image
Business Standard
177 22