Sensex
78,604.19 profit arw -669.14 (-0.84%)
Nifty
24,411.10 profit arw -165.50 (-0.67%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)

GET IN TOUCH

GET IN TOUCH


As on : 16-Apr-2026
Hot Pursuit
16-Apr-2026     11:47


Alembic Pharma gains after receiving USFDA approval for Methotrexate Injection USP

The approved product includes 50 mg/2 mL (25 mg/mL) multi-dose vials and 1 g/40 mL (25 mg/mL) single-dose vials. The drug is a folate analog metabolic inhibitor used in the treatment of various neoplastic diseases, including acute lymphoblastic leukemia, meningeal leukemia, non-Hodgkin lymphoma, osteosarcoma, breast cancer, and head and neck squamous cell carcinoma. It is also indicated for rheumatoid arthritis, juvenile idiopathic arthritis, and severe psoriasis.

The approved ANDA is therapeutically equivalent to the reference listed drug, Methotrexate Injection USP, manufactured by Hospira Inc.

With this approval, Alembic Pharmaceuticals now has a cumulative total of 236 ANDA approvals from the USFDA, including 218 final and 18 tentative approvals.

Alembic Pharmaceuticals, a vertically integrated research and development company, is engaged in the manufacture and marketing of generic pharmaceutical products across global markets. The company's consolidated net profit fell 3.9% to Rs 132.97 crore despite a 10.8% jump in net sales to Rs 1,876.31 crore in Q3 FY26 over Q3 FY25.

INDIAN INDICES

Sensex

78,604.19 -669.14 (-0.84%)

Nifty

24,411.10 -165.50 (-0.67%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

26,487.49 126.41(0.48%)