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ValueProductPastPerformance

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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New drug aiming to neutralise COVID infection seeks DCGI approval
Abhinav Lahoti
/ Categories: Trending, Mindshare

New drug aiming to neutralise COVID infection seeks DCGI approval

An innovation-driven pharmaceutical company, Zydus Cadila announced that its biological therapy, ZRC-3308 can prove effective in treating mild COVID 19.  

ZRC-3308 (Covimab) is a cocktail of two anti-SARS-CoV-2 monoclonal antibodies to combat mild COVID-19. According to the experts & research, cocktail of 2 mAbs-based products are better equipped to deal with variants than single mAb-based products, which have a tendency of losing their efficacy with rapidly generating variants.   

SARS-CoV-2 spike protein targetted, neutralising monoclonal antibody-based treatments have already received emergency use authorisation in mild COVID-19 patients in the US, Europe, and India as they significantly reduce viral load in mild patients; thus, reducing the rate of hospitalisation.   

Zydus is the only Indian company to have developed a neutralising monoclonal antibody-based cocktail solution for the treatment of COVID-19 patients. The drug has been specifically designed to provide protection for a much longer period of time than the currently approved products. In its animal studies, ZRC-3308 reduced damage to the lungs in prophylactic as well as therapeutic settings. It has been found to be safe and well-tolerated in animal toxicology studies. The company is currently seeking permission to initiate phase 1/3 human clinical trials from Drugs Controller General of India (DCGI).   

At 11.06 am on Thursday, the shares of Cadila Healthcare Ltd were trading flat at Rs 628.90 i.e. up by a mere 0.16 per cent on BSE. 

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