Stock Report

Zydus Cadila receives tentative approval from USFDA for Empagliflozin and Linagliptin Tablets



Posted On : 2020-09-09 18:25:29( TIMEZONE : IST )

Zydus Cadila receives tentative approval from USFDA for Empagliflozin and Linagliptin Tablets

Zydus Cadila has received tentative approval from the USFDA to market Empagliflozin and Linagliptin Tablets (US RLD: Glyxambi Tablets) in the strengths of 10 mg/5 mg and 25 mg/5 mg.

This medication contains a combination of Empagliflozin and Linagliptin. Empagliflozin and Linagliptin are oral diabetes medicines that help control blood sugar levels. The drug is used together with diet and exercise to improve blood sugar control in adults with type 2 diabetes mellitus. The drug will be manufactured at the group's formulation manufacturing facility at SEZ, Ahmedabad.

The group now has 299 approvals and has so far filed over 390 ANDAs since the commencement of the filing process in FY 2003-04.

Shares of CADILA HEALTHCARE LTD. was last trading in BSE at Rs.370.8 as compared to the previous close of Rs. 364.2. The total number of shares traded during the day was 95954 in over 1704 trades.

The stock hit an intraday high of Rs. 371.7 and intraday low of 359.3. The net turnover during the day was Rs. 35268170.

Source : Equity Bulls

Keywords