Stock Report

Shilpa Medicare receives approval in Europe for Pemetrexed Injection



Posted On : 2022-01-22 12:34:02( TIMEZONE : IST )

Shilpa Medicare receives approval in Europe for Pemetrexed Injection

Shilpa's Pemetrexed Injection 1000 mg/100 ml, 500 mg/50 ml & 100 mg/10 ml, Ready to use formulation is approved by European Authorities, through its agreed partners in Europe. The product will be manufactured, for EU commercialization at its own EU GMP compliant, injectable manufacturing facility situated in Telangana state.

Shilpa has developed Pemetrexed formulation as liquid / ready to use injection, against lyophilized powder formulation of reference, ALIMTA®.

Shilpa's Pemetrexed Injection is a unique formulation, which is supplied as ready to use formulation without any further dilution. The product is stable at room temperature.

Pemetrexed injection is used in the treatment of malignant pleural mesothelioma & non-small cell lung cancer.

According to IQVIA MAT Q2'2021 (June 2021) data, the EU market for Pemetrexed Injection is approximately EURO 519 Million.

Shares of Shilpa Medicare Limited was last trading in BSE at Rs. 556.85 as compared to the previous close of Rs. 548.40. The total number of shares traded during the day was 4480 in over 574 trades.

The stock hit an intraday high of Rs. 562.70 and intraday low of 553.35. The net turnover during the day was Rs. 2504365.00.

Source : Equity Bulls

Keywords

ShilpaMedicare INE790G01031 PemetrexedInjection Europe