Dr. Reddy’s Lab profits on launching Testosterone Gel

Dr. Reddy’s Lab profits on launching Testosterone Gel

by admin- Monday, May 6th, 2019 04:44:50 PM

Dr. Reddys Laboratories is currently buying and selling at Rs. 2909.00, up via 5.10 points or zero.18% from its previous remaining of Rs. 2903.Ninety at the BSE.

The scrip opened at Rs. 2887.60 and has touched a high and occasional of Rs. 2926.20 and Rs. 2887.60 respectively. So far 3633 stocks had been traded on the counter.

The BSE organization ‘A’ inventory of face cost Rs. 5 has touched a fifty two week excessive of Rs. 2965.20 on 02-May-2019 and a fifty two week low of Rs. 1888.00 on 21-May-2018.

Last one week excessive and low of the scrip stood at Rs. 2965.20 and Rs. 2887.60 respectively. The modern-day market cap of the business enterprise is Rs. 48365.88 crore.

The promoters preserving within the corporation stood at 26.Seventy seven%, at the same time as Institutions and Non-Institutions held forty five.46% and 13.66% respectively.

Dr. Reddy’s Laboratories has launched Testosterone Gel 1.62%, a therapeutic equal widespread version of AndroGel (testosterone gel) 1.62%, approved by using america Food and Drug Administration (USFDA).

The AndroGel (testosterone gel) logo and widely wide-spread had US income of about $815.6 million MAT for the maximum latest one year finishing in February 2019 consistent with IQVIA Health.

Dr. Raddy’s Testosterone Gel 1.62% (20.25 mg/1.25 g pump actuation) is to be had in a net amount of 88 g pump which dispenses 20.25 mg of testosterone per actuation. Each metered-dose pump is able to dishing out 60 metered pump actuations.

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