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Cipla gets US FDA tentative nod; stock gains

Cipla has got US FDA tentative nod for HIV-1 drug Viramune generic, reports Business Standard.

May 04, 2012 / 09:27 IST
     
     
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    Cipla has got US FDA tentative nod for HIV-1 drug Viramune generic. The company also cuts price of generic version Bayer’s cancer drug Nexavar prices by 75%, reports Business Standard.
     
    Cipla touched an intraday high of Rs 326.45 and an intraday low of Rs 318.80. At 09:22 hrs the share was quoting at Rs 324.90, up Rs 7.50, or 2.36%.
     
    It was trading with volumes of 49,149 shares. In the previous trading session, the share closed down 0.02% or Rs 0.05 at Rs 317.40.

    first published: May 4, 2012 09:25 am

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