Cadila Healthcare portion ticket hits 52-week high on USFDA nod for most cancers drug

The drug will be manufactured on the group’s Ahmedabad SEZ facility.

Representative image.

Cadila Healthcare portion ticket touched 52-week high of Rs 378, rising 8 percent intraday on April 9 after the firm purchased closing approval from the US drug regulator for a blood most cancers drug.

Zydus Cadila has purchased closing approval from the US Food and Drug Administration to market Imatinib Mesylate Tablets, 100 mg and 400 mg, as per a firm open.

This medications is old to treat certain forms of leukemia (blood most cancers), bone marrow issues, pores and skin most cancers and tumours of the abdominal and digestive gadget.

The drug will be manufactured on the group’s Ahmedabad SEZ facility, it added.

At 1147 hours, Cadila Healthcare was once quoting at Rs 355.70, up Rs 5.75, or 1.64 percent, on the BSE.

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First Printed on Apr 9, 2020 12: 03 pm

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