HomeNewsBusinessStocksLupin launches Fortamet Generic in US; stock down

Lupin launches Fortamet Generic in US; stock down

Lupin has launched Fortamet Generic at risk in the US, reports CNBC-TV18. It touched an intraday high of Rs 466 and an intraday low of Rs 454.90. At 15:14 hrs the share was quoting at Rs 454.90, down Rs 8.65, or 1.87%.

October 13, 2011 / 15:25 IST
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Lupin touched an intraday high of Rs 466 and an intraday low of Rs 454.90. At 15:14 hrs the share was quoting at Rs 454.90, down Rs 8.65, or 1.87%.


The company has launched Fortamet Generic at risk in the US, reports CNBC-TV18.
Fortamet is a USD 70 million diabetes drug. Lupin is currently under litigation with Shionogi & Watson.
 
It was trading with volumes of 60,879 shares. In the previous trading session, the share closed down 0.95% or Rs 4.45 at Rs 463.55.

Share Price Movement During The Last 12 Months
PeriodPriceLatest PriceGain/Loss (Rs.)% Gain/Loss
3-Days456.55454.90-1.65-0.36
5-Days469.25454.90-14.35-3.06
7-Days469.25454.90-14.35-3.06
15-Days468.90454.90-14.00-2.99
1-Month465.00454.90-10.10-2.17
3-Month458.65454.90-3.75-0.82
6-Month413.60454.9041.309.99
9-Month463.00454.90-8.10-1.75
1-Year422.65454.9032.257.63

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first published: Oct 13, 2011 03:16 pm

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