Hot Pursuit     28-Feb-22
Unichem Labs gets US FDA nod for bipolar treatment drug
Unichem Laboratories said that it has received ANDA approval for its Divalproex Sodium extended-release tablets from the United States Food and Drug Administration (US FDA).

The tablets are a generic version of Depakote ER (Divalproex Sodium) extended-release tablets.

Divalproex Sodium Extended-Release Tablets are indicated for treatment of acute manic or mixed episodes associated with bipolar disorder, as monotherapy and adjunctive therapy and prophylaxis of migraine headaches.

The product will be commercialized from Unichem's Goa Plant, the company said.

Unichem Laboratories Limited is an international, integrated, specialty pharmaceutical company. It manufactures and markets a large basket of pharmaceutical formulations as branded generics as well as generics in several markets across the world.

The company reported a consolidated net loss of Rs 14.10 crore in the quarter ended December 2021 as against net profit of Rs 23.56 crore during the previous quarter ended December 2020. Sales declined 4.59% YoY to Rs 311.31 crore in Q3 FY22.

The scrip fell 1.55% to currently trade at Rs 254.45 on the BSE.

Previous News
  Unichem Laboratories reports consolidated net loss of Rs 14.10 crore in the December 2021 quarter
 ( Results - Announcements 29-Jan-22   15:59 )
  Unichem Laboratories to discuss results
 ( Corporate News - 16-May-23   12:12 )
  Unichem Lab rises on receiving USFDA nod for anticonvulsant drug
 ( Hot Pursuit - 23-Aug-22   11:20 )
  Board of Unichem Laboratories recommends final dividend
 ( Corporate News - 31-May-21   11:48 )
  Unichem Laboratories standalone net profit rises 341.78% in the March 2019 quarter
 ( Results - Announcements 25-May-19   15:12 )
  Unichem Lab re-appoints Dr. Prakash Mody as chairman & MD
 ( Hot Pursuit - 26-Jun-23   12:00 )
  Unichem Laboratories receives USFDA approval for Carbamazepine Tablets
 ( Corporate News - 23-Aug-22   11:34 )
  Unichem Laboratories to conduct board meeting
 ( Corporate News - 12-Jun-20   09:47 )
  Unichem Laboratories receives approval from USFDA for hydrocloride tablets
 ( Corporate News - 07-May-19   12:21 )
  Board of Unichem Laboratories recommends Final Dividend
 ( Corporate News - 25-May-19   14:04 )
  Unichem Laboratories receives USFDA approval for Cyclobenzaprine HCI Tablets
 ( Corporate News - 07-Jul-20   15:08 )
Other Stories
  Shalby drops after PAT slides 20% YoY to Rs 16 cr in Q1 FY25
  08-Jul-24   16:01
  Tata Steel Production rises 5% YoY in Q1 FY24
  08-Jul-24   15:54
  PC Jeweller soars after PNB approves settlement
  08-Jul-24   15:26
  Godrej Inds gains after chemicals arm inks BTA to acquire Ethoxylation Unit II
  08-Jul-24   15:22
  GE Power sizzles after NTPC order win
  08-Jul-24   15:02
  Patel Engineering Ltd leads losers in 'A' group
  08-Jul-24   15:01
  Sundaram Multi Pap Ltd leads losers in 'B' group
  08-Jul-24   14:46
  Marine Electricals jumps after order win
  08-Jul-24   14:33
  Volumes soar at Metro Brands Ltd counter
  08-Jul-24   14:30
  Bank of India Q1 domestic deposits grow 10% YoY
  08-Jul-24   14:25
Back Top