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Alembic Pharmaceuticals Ltd.

BSE: 533573 Sector: Health care
NSE: APLLTD ISIN Code: INE901L01018
BSE LIVE 15:47 | 23 Jun 507.75 -13.35
(-2.56%)
OPEN

525.00

HIGH

530.00

LOW

500.75

NSE 15:59 | 23 Jun 511.90 -12.55
(-2.39%)
OPEN

522.50

HIGH

529.25

LOW

503.00

OPEN 525.00
PREVIOUS CLOSE 521.10
VOLUME 47040
52-Week high 709.30
52-Week low 500.75
P/E 23.05
Mkt Cap.(Rs cr) 9,571
Buy Price 0.00
Buy Qty 0.00
Sell Price 507.75
Sell Qty 96.00
OPEN 525.00
CLOSE 521.10
VOLUME 47040
52-Week high 709.30
52-Week low 500.75
P/E 23.05
Mkt Cap.(Rs cr) 9,571
Buy Price 0.00
Buy Qty 0.00
Sell Price 507.75
Sell Qty 96.00

Alembic Pharmaceuticals Ltd. (APLLTD) - Company History

Alembic Pharmaceuticals Ltd was incorporated on June 16 2010 as a wholly owned subsidiary of Alembic Ltd. The company is engaged in Pharamceulicals business. As per the scheme of arrangement the Pharmaceutical Undertaking of the Alembic Ltd was demerged and transferred to the company with effect from appointed date April 1 2010. In April 15 2011 the company ceased to be a subsidiary of Alembic Ltd consequent to the allotment of 133515914 equity shares of Rs 2 each to the shareholders of Alembic Ltd as per the scheme of arrangement the shareholding of Alembic Ltd in the company reduced from 100% to 29.18%. Thus the company became an associate of Alembic Ltd.In September 20 2011 the equity shares of the company were listed on the Bombay Stock Exchange and National Stock Exchange.During 2012 Alembic and Breckenridge Announced Paragraph IV ANDA Litigation with Pfizer on Desvenlafaxine (Pristiq). The company enters into a product development and license agreement with Accu-Break Pharmaceuticals Inc USA.During 2013 the company got USFDA approval for its NDA - Desvenlafaxine Base Extended Release Tablets and also entered into an out-licensing agreement with Ranbaxy Pharmaceuticals Inc (Ranbaxy) to market its product in USA.During 2014 the company announces joint venture with Adwiya Mami SARL Algeria through its wholly owned Subsidiary - Alembic Global Holding S.A..During 2015 the companies associate signs exclusive agreement with Novartis.