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Nifty regains 15,700 mark; breadth negative

Nifty regains 15,700 mark; breadth negative
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Breckenridge Announces Final Approval of its ANDA for Everolimus Tablets (generic for Zortress®)

Breckenridge Announces Final Approval of its ANDA for Everolimus Tablets (generic for Zortress®) News provided by Share this article Share this article BERLIN, Conn., June 1, 2021 /PRNewswire/ Breckenridge Pharmaceutical, Inc. announces today that the U.S. Food and Drug Administration has granted final approval of its Abbreviated New Drug Application for Everolimus Tablets (generic for Zortress ®). This product was developed in collaboration with Natco Pharma Limited. According to industry sales data, Zortress and its therapeutic equivalents generated annual sales of $162 million during the twelve months ending March 2021.  Breckenridge plans to launch Everolimus Tablets in 0.25mg, 0.5mg and 0.75mg strengths during the third quarter of 2021 in a blister card packaging configuration.

Natco Pharma hits record highs on drug approvals - The Hindu BusinessLine

Natco Pharma hits record highs on drug approvals May 24, 2021 The shares of Natco Pharma hit record highs on Monday. At 12:20 pm, Natco Pharma was trading at ₹1,088.00 on the BSE, up ₹97.20 or 9.81 per cent. It opened at a 52-week high of ₹1,188.95 as against the previous close of ₹990.80. On the NSE, it was trading at ₹1,088.95, up ₹98.90 or 9.99 per cent. It hit a 52-week high of ₹1,188.05. The company has been in focus after being among the five new companies roped in by the Centre last week to produce Amphotericin B that is used to treat Mucormycosis (black fungus) to combat the shortages being reported in parts of the country.

Why Natco Pharma share zoomed 20% today- Business News

Why Natco Pharma share zoomed 20% today Presently six firms - BDR Pharma, Bharat Serums and Vaccines, Mylan, Sun Pharma, Cipla, and Life Care - are producing  Amphotericin B BusinessToday.In | May 24, 2021 | Updated 12:17 IST Representative Image Share of Natco Pharma rose 20 per cent to hit a fresh 52-week high of Rs 1188.95 in early tradeafter the Drug Controller General of India (DCGI) gave its nod to the firm start manufacturing  antifungal anti-fungal drug Amphotericin B liposomal injection. Its demand has increased in the wake of a surge in black fungus infections. Four other firms Alembic Pharmaceuticals, Emcure Pharmaceuticals, Gufic Biosciences and Lyca Pharmaceuticals have also received DCGI s permission to produce the injection.

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