Breaking News

You are here » Indian-Commodity  :  Equity & Shares  :  Dr. Reddy's Lab shines on launching Neostigmine Methylsulfate Injection in US

14-Sep2018

Dr. Reddy's Lab shines on launching Neostigmine Methylsulfate Injection in US

Dr. Reddys Laboratories is currently trading at Rs. 2569.00, up by 39.70 points or 1.57% from its previous closing of Rs. 2529.30 on the BSE.

The scrip opened at Rs. 2540.05 and has touched a high and low of Rs. 2593.65 and Rs. 2540.05 respectively. So far 28658 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2660.10 on 10-Sep-2018 and a 52 week low of Rs. 1888.00 on 21-May-2018.

Last one week high and low of the scrip stood at Rs. 2660.10 and Rs. 2490.55 respectively. The current market cap of the company is Rs. 42902.95 crore.

The promoters holding in the company stood at 26.79%, while Institutions and Non-Institutions held 44.27% and 14.60% respectively.

Dr. Reddy's Laboratories has launched Neostigmine Methylsulfate Injection, USP, a therapeutic equivalent generic version of Bloxiverz (Neostigmine Methylsulfate) Injection in the US market, approved by the US Food and Drug Administration (USFDA).

The Bloxiverz brand and generic had US sales of approximately $111 million MAT for the most recent twelve months ending in July 2018 according to IMS Health. Dr. Reddy's Neostigmine Methylsulfate Injection, USP is available in 5 mg/10 ml and 10 mg/10 ml multi-dose vials.

Dr. Reddy's Laboratories is a multinational pharmaceutical company based in Hyderabad, Telangana in India. It manufactures and markets a wide range of pharmaceuticals in India and overseas.


Related News

View all news

RITES shines on getting nod to acquire 33% stake in IRSDC

RITES is currently trading at Rs. 310.60, up by 7.65 points or 2.53% from its previous closing of Rs. 302.95 on the BSE.The scrip opened at Rs. 314.95 and has touched a high and low of Rs. 321.40 and Rs.......

Jet Airways surges on the buzz of planning to sell 6 Boeing 777 aircrafts

Jet Airways (India) is currently trading at Rs. 260.80, up by 6.15 points or 2.42% from its previous closing of Rs. 254.65 on the BSE.The scrip opened at Rs. 260.00 and has touched a high and low of Rs.......

Tata Steel gains on reporting around 4-fold jump in Q2 consolidated net profit

Tata Steel is currently trading at Rs. 603.00, up by 13.85 points or 2.35% from its previous closing of Rs. 589.15 on the BSE.The scrip opened at Rs. 606.00 and has touched a high and low of Rs. 610.00......

Top News

View all news

RITES to acquire 33% stake in IRSDC

RITES has received in principle approval to acquire stake of 33% Equity Shares in Indian Railway Station Development Corporation (IRSDC). The Board of Directors of the company at their meeting held on......

Govt in favour of alignment of capital adequacy norms with Basel III norms

Instead of present stricter guidelines which restrict the lending capacity of lenders, the government is of the view that the Reserve Bank of India (RBI) should resort to Basel III norms for capital adequacy......

Infosys, Ashok Leyland and Reliance Infrastructure to see some action today

Infosys will open its next Technology and Innovation Hub in the State of Texas and hire 500 American workers in the state by 2020. The Hub will be located in Richardson, Texas and have a special focus......