Zenotech Laboratories gets USFDA Approval for Turkapally Unit

Zenotech Laboratories Ltd has announced that the Company has received USFDA approval for General Injectables facility located at Turkapally village, Shameerpet Mandal, Hyderabad.

The Company is also likely to receive ANDA approvals filed from this facility in December 2007, in the next few months.

This approval will enable Zenotech to serve the US market.

The stock closed the day at Rs.52.65, down by Rs.0.40 or 0.75%. The stock hit an intraday high of Rs.54.55 and low of Rs.50.50.

The total traded quantity was 2057 compared to 2 week average of 1231.

Source : Equity Bulls

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