Shares of Marksans Pharma Ltd have been buying and selling flat on eighth August after touching a day’s excessive of Rs 217.49, regardless of the corporate securing ultimate approval from america Meals and Drug Administration (USFDA) for Omeprazole delayed-release tablets used to deal with heartburn.
The USFDA has granted ultimate approval to Marksans Pharma Inc., a wholly-owned subsidiary of Marksans Pharma Ltd. This approval is for its Abbreviated New Drug Software (ANDA) of Omeprazole Delayed-Launch Tablets 20mg (OTC).
The authorized product is the generic model of AstraZeneca’s Prilosec Delayed-Launch Tablets 20mg. It’s used to deal with heartburn and different situations brought on by extra abdomen acid. These embody gastric and duodenal ulcers, erosive esophagitis, and gastroesophageal reflux illness (GERD).
At present, the agency’s market capitalisation stands at round Rs 9,658 crore.
At 1:38 PM, the shares of Marksans Pharma have been buying and selling 0.63% decrease at Rs 213 on NSE.
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