Alembic Pharmaceuticals Ltd News
Alembic Pharma slips 5%; board approves Rs 1,150 cr as impairment charges
This one time impairment impact notwithstanding, we believe this move bodes well for future return ratios and profitability. We expect more impairments in due course, ICICI Securities said in a note.
 "Alembic Pharma slips 5%; board approves Rs 1,150 cr as impairment charges")
Trading strategies for Bata India and Alembic Pharma by Mehul Kothari
BATA INDIA has been correcting from 1,950 without any meaningful bounce
 "Trading strategies for Bata India and Alembic Pharma by Mehul Kothari")
Stocks to Watch: NTPC, LIC Housing, Alembic Pharma, SIS, Gail, Puravankara
Stocks to Watch: In the F&O space, Punjab National Bank (PNB) is the only stock in ban period on Tuesday.
 "Stocks to Watch: NTPC, LIC Housing, Alembic Pharma, SIS, Gail, Puravankara")
Alembic Pharma gets USFDA nod for generic drug to treat breast cancer
Alembic Pharmaceuticals on Monday said it has received final approval from the US health regulator for its generic Fulvestrant injection used in treatment of breast cancer. The approval granted by the US Food & Drug Administration (USFDA) is for the abbreviated new drug application (ANDA), Fulvestrant injection of strength 250 mg/5 mL (50 mg/mL) per single-dose prefilled syringe, the company said in a statement. The approved injection is therapeutically equivalent to the reference listed drug product (RLD), Faslodex Injection, of AstraZeneca Pharmaceuticals LP, it added. Fulvestrant injection is an estrogen receptor antagonist indicated for the treatment of breast cancer, the company said. For 12 months ended September 2022, Fulvestrant injection, 250 mg/5 mL, had an estimated market size of USD 71 million, the company said citing IQVIA data.
 "Alembic Pharma gets USFDA nod for generic drug to treat breast cancer")
