In a key development reinforcing its leadership in the Indian pharmaceutical landscape, Morepen Laboratories Ltd. has got clearance from Subject Expert Committee ('SEC') of Central Drugs Standard Control Organization ('CDSCO') to conduct Bioequivalence ('BE') studies for Resmetirom 60 mg, 80 mg and 100 mg tablets as per the protocol submitted. This will be followed by clinical trials as per approved protocols.
Resmetirom is a highly promising therapy under development for non-alcoholic steatohepatitis ('NASH'), a serious form of non-alcoholic fatty liver disease ('NAFLD') characterized by inflammation, liver damage, and fat accumulation in the liver, potentially leading to scarring (fibrosis), cirrhosis, and even liver cancer. It is often associated with obesity, metabolic syndrome, and type 2 diabetes, and while it can be a silent disease in the early stages, it can progress to severe liver damage if left untreated.
"This is a critical step forward in our journey to bring a much-needed innovation to the hepatology market," said Sanjay Suri, Executive Director, Morepen Laboratories. "We are proud to be one of the first few Indian companies gearing up to launch the finished formulation of Resmetirom. Our endto-end integration - from APIs to finished dosage - gives us a unique edge in speed, quality, and scalability."
As one of the first Indian companies to foray into this therapeutic area, Morepen is strategically positioned to serve both domestic and international markets and is also evaluating out-licencing opportunities with potential marketing partners.
NASH, a progressive liver disease that affects over 115 million people worldwide. According to industry estimates, the global NASH treatment market is projected to grow from USD 2.5 billion in 2024 to over USD 16 billion by 2032, driven by increasing prevalence, clinical awareness, and regulatory approvals.
Morepen has a strong global footprint, exporting its APIs and formulations to over 80 countries, including regulated markets such as the U.S., Europe, and Japan. The company's API manufacturing facilities are USFDA, EU-GMP, and WHO-GMP compliant, underscoring its commitment to international quality standards.
Morepen's early-mover advantage in Resmetirom, combined with its scale, integration, and regulatory strength, make it a compelling investment opportunity in the fast-evolving specialty and chronic care segments. The company's proven ability to leverage global trends, manufacture at scale, and meet stringent regulatory requirements positions it as a trusted partner for global innovators and marketing partners.
Shares of Morepen Laboratories Limited was last trading in BSE at Rs. 61.98 as compared to the previous close of Rs. 58.82. The total number of shares traded during the day was 2604722 in over 12522 trades.
The stock hit an intraday high of Rs. 64.90 and intraday low of 57.68. The net turnover during the day was Rs. 162675148.00.