Ranbaxy Laboratories is going to launch Cipher Pharma's Absorica in US in October-December. The company will make USD 9 million milestone payment to Cipher for Absorica, reports CNBC-TV18.
It touched an intraday high of Rs 537.00 and an intraday low of Rs 523.95. At 11:23 hrs the share was quoting at Rs 526.70, down Rs 3.60, or 0.68%.
It was trading with volumes of 33,129 shares. In the previous trading session, the share closed up 0.73% or Rs 3.85 at Rs 530.30.
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