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Company NameReco DateReco PriceExit PriceExit Date% ReturnIn days
ITC Ltd. 28/12/2023464.20487.5002/01/2025 5.02% 1 yrs
Britannia Industries Ltd. 27/07/20234,875.805,028.2512/11/2024 3.13% 1 yrs
JSW Steel Ltd. 22/02/2024826.951,003.0026/09/2024 21.29% 217 days
Bajaj Auto Ltd. 22/08/20249,910.0011,930.0017/09/2024 20.38% 26 days
Dr. Reddy's Laboratories Ltd. 26/10/20235,429.306,536.0005/07/2024 20.38% 253 days
Shriram Finance Ltd. 25/04/20242,430.102,955.0028/06/2024 21.60% 64 days
Coal India Ltd. 25/01/2024389.50501.6022/05/2024 28.78% 118 days
Infosys Ltd. 27/10/20221,522.601,411.6019/04/2024 -7.29% 1 yrs
State Bank Of India 25/05/2023581.30782.0505/03/2024 34.53% 285 days
The Indian Hotels Company Ltd. 24/08/2023401.85517.9007/02/2024 28.88% 167 days

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Alembic Pharma gets USFDA nod for manufacturing Erlotinib tablets
Shruti Dahiwal
/ Categories: Trending

Alembic Pharma gets USFDA nod for manufacturing Erlotinib tablets

Alembic Pharmaceuticals Limited, a leading pharmaceutical company, announced today that it has received a go-ahead from United States Food & Drug Administration (USFDA) for manufacturing Erlotinib tablets. This tablet is the company’s abbreviated new drug application (ANDA), which will be manufactured in three strengths i.e. 25 mg, 100 mg & 150 mg.  

Erlotinib tablet is therapeutically equivalent to Tarceva tablet, which is a reference listed drug product (RLD) of OSI Pharmaceuticals, LLC, a pharmaceutical company headquartered in New York, USA.   

It is used for treating patients with metastatic non-small cell lung cancer (NSCLC), whose tumors have epidermal growth factor receptor (EGFR) exon 19 deletions or exon 21 (L858R) substitution mutations.   

This condition is diagnosed and confirmed by FDA-approved test, after which, the patients receive first-line, maintenance, or second or greater line treatment after progression, following at least one prior chemotherapy regimen.  

Apart from this, Erlotinib tablet used in conjunction with Gemcitabine for the first-line treatment of patients with locally advanced, unresectable, or metastatic pancreatic cancer.  

As per the estimates of IQVIA, Erlotinib tablets (in strengths 25 mg, 100 mg & 150 mg) have an estimated market size of USD 37 million for a period of 1 year ending March 2021.  

At 11.52 am, the share price of Alembic Pharmaceuticals Limited was trading at Rs 977.60, which was a decrease of 0.69 per cent over its previous day’s closing price of Rs 984.95 on BSE.

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