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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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Lupin gets USFDA nod for Sevelamer Hydrochloride tablets for treating chronic kidney disease
Apurva Joshi
/ Categories: Trending, Mindshare, DSIJ News

Lupin gets USFDA nod for Sevelamer Hydrochloride tablets for treating chronic kidney disease

Lupin Limited has received approval for its Sevelamer Hydrochloride tablets, 400 mg & 800 mg from United States Food & Drug Administration (USFDA) to market a generic equivalent of Renagel tablets, 400 mg & 800 mg, of Genzyme Corporation. The product will be manufactured at Lupin’s facility in Nagpur (Maharashtra). 

Sevelamer Hydrochloride tablets are indicated for the control of serum phosphorus in patients with chronic kidney disease (CKD) on dialysis. 

As per IQVIA MAT’s data for March 2021, Sevelamer Hydrochloride tablets had estimated annual sales of USD 80 million in the US. 

Also, this week, the company’s UK subsidiary had received approval from Medicines & Healthcare products Regulatory Agency (MHRA) to market Luforbec 100/6 µg pressurised metered-dose inhaler (pMDI), the first-branded generic of Fostair 100/6 µg pMDI. It is indicated for regular treatment of asthma as well as for the symptomatic treatment of patients with severe chronic obstructive pulmonary disease (COPD). 

Lupin is an innovation-led transnational pharmaceutical company, which develops & commercialises a wide range of branded and generic formulations, biotechnology products along with APIs in over 100 markets in the US, India, South Africa, and across Asia Pacific (APAC), Latin America (LATAM), Europe & Middle-East regions. 

On Thursday, the stock of Lupin closed 1.21 per cent lower at Rs 1,162.65 from its previous close of Rs 1,176.85 on BSE. 

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