Wockhardt gains on USFDA nod for Oxycodone liquid

Oyxcodone HCL liquid.is used for treating moderate to sever acute and chronic pain

SI Reporter Mumbai
Last Updated : Jun 22 2015 | 1:41 PM IST

Don't want to miss the best from Business Standard?

Shares of Wockhardt were up 3% at Rs 1,439 on the Bombay Stock Exchange after the company announced that it has received final approval from the US Food & Drug Administration for marketing 5mg/5ml of Oyxcodone HCL liquid.

"We have filed several ANDA's over the last couple of years from our Morton Grove Pharmaceuticals facility in Illinois, USA, especially for liquid products. This is only the first of few others we expect soon," he said.

Oxycodone HCL liquid is dispensed for treating moderate to sever acute and chronic pain, the release said.

The stock opened at Rs 1,430 and touched a high of Rs 1,450. At 1:20PM, ove 830,000 shares were traded on both the stock exchanges.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 22 2015 | 1:39 PM IST

Next Story