Hot Pursuit     06-Mar-23
Alembic Pharma gains on USFDA nod for Fluorouracil injection
Alembic Pharmaceuticals rose 3.46% to Rs 518.90 after the pharma company announced that it has received final approval from the US drug regulator for its abbreviated new drug application (ANDA) Fluorouracil injection USP, Pharmacy Bulk Vial.
The ANDA approved by the US Food & Drug Administration (USFDA) is therapeutically equivalent to the reference listed drug product (RLD), Fluorouracil Injection, of Spectrum Pharmaceuticals, Inc.

Fluorouracil Injection is indicated for the treatment of patients with adenocarcinoma of colon and rectum, adenocarcinoma of the breast, gastric adenocarcinoma and pancreatic adenocarcinoma.

According to IQVIA, Fluorouracil Injection USP had an estimated market size of $5 million for twelve months ended December 2022.

Alembic has a cumulative total of 182 ANDA approvals (159 final approvals and 23 tentative approvals) from USFDA.

Alembic Pharmaceuticals is a vertically integrated research and development pharmaceutical company. The company manufactures and markets generic pharmaceutical products all over the world.

The drug maker reported 29% drop in consolidated net profit to Rs 121.92 crore despite a 18.7% rise in net sales to Rs 1509.02 crore in Q3 FY23 over Q3 FY22.

Previous News
  Alembic Pharmaceuticals consolidated net profit rises 11.70% in the June 2024 quarter
 ( Results - Announcements 08-Aug-24   15:21 )
  Alembic Pharmaceuticals receives USFDA approval for Sacubitril and Valsartan Tablets
 ( Corporate News - 30-May-24   14:49 )
  Alembic Pharma gains after receiving US FDA nod for psoriasis treatment drug Acitretin
 ( Hot Pursuit - 07-Aug-24   13:12 )
  Volumes soar at Alembic Pharmaceuticals Ltd counter
 ( Hot Pursuit - 02-Jan-24   14:30 )
  Volumes spurt at Blue Star Ltd counter
 ( Hot Pursuit - 20-Sep-23   14:30 )
  Alembic Pharmaceuticals receives USFDA approval for various products
 ( Corporate News - 09-May-24   09:01 )
  Alembic Pharmaceuticals receives USFDA approval for Dabigatran Etexilate Capsules
 ( Corporate News - 18-Jun-24   18:52 )
  Alembic Pharmaceuticals reports consolidated net loss of Rs 65.88 crore in the June 2022 quarter
 ( Results - Announcements 04-Aug-22   17:27 )
  Alembic Pharmaceuticals receives USFDA final approval for Albendazole Tablets
 ( Corporate News - 05-Sep-24   13:21 )
  Alembic Pharma's Jarod facility gets five USFDA observations
 ( Hot Pursuit - 19-Dec-22   12:39 )
  Volumes spurt at Alembic Pharmaceuticals Ltd counter
 ( Hot Pursuit - 24-Apr-23   14:30 )
Other Stories
  MTNL hits the floor after SBI declares term loan account as NPA
  07-Oct-24   16:44
  Gujarat Pipavav slides after weak Q2 business update
  07-Oct-24   15:40
  GAIL partners with AM Green for sustainable energy solutions
  07-Oct-24   15:35
  Natco Pharma soars after Mylan settles Ozempic patent dispute
  07-Oct-24   15:28
  CG Power climbs after inking pact to acquire Renesas’ RF Component biz
  07-Oct-24   15:28
  Ashok Leyland bags supply order of electric trucks from Billion Electric Mobility
  07-Oct-24   15:13
  PG Electroplast Ltd leads losers in 'A' group
  07-Oct-24   15:00
  Rossell India Ltd leads losers in 'B' group
  07-Oct-24   14:45
  Volumes soar at Finolex Industries Ltd counter
  07-Oct-24   14:30
  Rama Steel records 42% YoY rise in Q2 steel sales volume
  07-Oct-24   14:14
Back Top