Dr Reddy's Laboratories said that a US District Court has issued a temporary restraining order on the sale and commercialisation of its generic Buprenorphine and Naloxone sublingual film in US.
At NSE, shares of the company went up by 4.80 per cent to Rs 2,378.50.
Shares of Alembic Pharmaceuticals today rose by over 3 per cent after the company received approval from the US health regulator for its Doxycycline Hyclate capsules.
Alembic Pharmaceuticals said it has received approval from the US health regulator for its Doxycycline Hyclate capsules used for treatment of wide variety of bacterial infections.
Lupin said it has received approval from the US health regulator to market Drospirenone, Ethinyl Estradiol, Levomefolate Calcium tablets, used to prevent pregnancy, in the American market.
Cipla said it has received approval from the US health regulator for Isoproterenol Hydrochloride injection, used in the treatment of cardiac problems, in the American market.
Lupin said it has launched its antibiotic Tobramycin inhalation solution in the US market.
Shares of Sun Pharmaceutical Industries today gained nearly 4 per cent after the company received EIR from the US health regulator for its Halol facility in Gujarat.
Shares of Strides Shasun today rose by over 5% after the company's subsidiary Strides Pharma Global received final approval from the US health regulator for generic Oseltamivir Phosphate capsules.
Shares of Alembic Pharmaceuticals today surged 20 percent after the company received the US health regulator's nod for Bupropion Hydrochloride tablets, used for treatment of major depressive disorder.
U.P. Govt cancels Purvanchal Expressway bids
Co's Rs 1,740 Cr bid for expressway section cancelled
U.P. Govt to re-invite bids for expressway project
Settles Abraxane patent dispute with Celgene Corp
Partner Apotex may sell generic of Abraxane in U.S.
Telecom Department may clear Vodafone-Idea merger today
Dr. Reddys new drug hits legal hurdle
U.S. court issues restraint order following patent litigation over Suboxone
Company remains confident in its legal positions on this patent Court order does not include a prohibition on commercial manufacturing of the product
The court has scheduled an expedited hearing of the preliminary injunction for June 28 Ruling is expected soon thereafter
Board mulls reshuffle of top management
ICICI Prudential Life Chief Bakshi may be named ICICI bank interim