Hot Pursuit     23-Aug-22
Unichem Lab rises on receiving USFDA nod for anticonvulsant drug
Unichem Laboratories advanced 2.54% to Rs 292.15 after the company announced that it has received abbreviated new drug application (ANDA) approval for Carbamazepine tablets from USFDA.
The United States Food and Drug Administration (USFDA) approved the company to market a generic version of Carbamazepine (Tegretol) tablet of Novartis Pharmaceuticals Corp.

Carbamazepine tablets are indicated for use as an anticonvulsant drug and in the treatment of the pain associated with true trigeminal neuralgia. The product will be commercialized from Unichem's Goa plant.

Unichem Laboratories is a pharmaceutical company. It addresses the needs of therapeutic areas like gastroenterology, cardiology, diabetology, psychiatry, neurology, anti-bacterials, anti-infectives and pain management.

The company reported consolidated net loss of Rs 23.37 crore in Q1 FY23 as against net loss of Rs 11.49 crore in Q1 FY22. Net sales rose 3.9% year on year to Rs 309.61 crore in the quarter ended 30 June 2022.

Previous News
  Unichem Laboratories reports consolidated net profit of Rs 71.47 crore in the March 2022 quarter
 ( Results - Announcements 27-May-22   16:31 )
  Unichem Laboratories to discuss results
 ( Corporate News - 16-Jan-24   11:15 )
  Unichem Laboratories reports standalone net loss of Rs 23.28 crore in the June 2022 quarter
 ( Results - Announcements 09-Aug-22   15:01 )
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 ( Results - Announcements 09-Aug-22   15:33 )
  Unichem Laboratories reports consolidated net loss of Rs 11.49 crore in the June 2021 quarter
 ( Results - Announcements 31-Jul-21   15:01 )
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 ( Results - Announcements 02-Nov-21   17:01 )
  Unichem Laboratories receives downgrade in LT credit ratings
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  Unichem Laboratories receives USFDA approval for Amitriptyline HCl Tablets
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