Companies & Industry »Company News»Company News Details
Company News Details

BSE   23 Jul 18 | 12:00 AM

542.10 11.15 (2.1%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: 533573
Face Value: N.A.

NSE   23 Jul 18 | 12:00 AM

545.70 14.15 (2.66%)
Mkt Price (Rs)   Chg Rs (Chg %)
1 Week : Rs 523.95 (3.46%)
1 Month : Rs 515.40 (5.18%)
1 Year : Rs 540.20 (0.35%)
change companytradenow

Alembic Pharma's partner launches drug for depressive disorder

Press Trust of India / New Delhi 03 Mar 17 | 01:22 PM

Drug firm Alembic Pharmaceuticals on Friday said its partner Breckenridge Pharma has launched desvenlafaxine succinate extended release tablets used in treatment of major depressive disorder.

Alembic Pharma had received approval of its ANDA of desvenlafaxine succinate extended-release tablets of strengths 50 mg and 100 mg in June 2015.

Widgets Magazine

These are therapeutically equivalent to Pristiq of Pfizer.

"The ANDA was filed as a Paragraph IV on the first-to file date and will share 180 day exclusivity with other ANDA first fillers," Alembic Pharma said in a regulatory filing.

"The paragraph IV litigation was settled on terms that are confidential," it added.

Alembic further said it is the manufacturer of ANDA which will be marketed by Breckenridge.

Desvenlafaxine is a prescription drug used in the treatment of major depressive disorder, and is in the class of medications called selective serotonin and neropinephrine reuptake inhibitors, it added.

Shares of Alembic were trading at Rs 603.10, up 1.06 per cent from the previous close on BSE.

Widgets Magazine


Company Price Gain (%)
Adani Ports384.053.83
Bharti Airtel357.603.49
ICICI Bank274.853.33

Online Portfolio

You can create Online Portfolio here using the below button.

Widgets Magazine