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Jubilant Life Sciences gains strength on USFDA nod for anti-migraine tabs

As on June 30, Jubilant Life Sciences had a total of 815 filings for formulations of which 389 have been approved in various regions globally

Jubilant Life Sciences

Jubilant Life Sciences

SI Reporter Mumbai
Shares of Jubilant Life Sciences have advanced nearly 2% to Rs 337 on the Bombay Stock Exchange (BSE) after the company revealed that it received US Food and Drug Administration’s (FDA) approval to market its drug- Zolmitriptan orally in the US market. 

The drug is a generic version of Astra Zeneca that is used in treatment of migraine in adults.

In a filing to the BSE, the company announced that the tablets would be in strengths of 2.5mg and 5mg. 

As on June 30, Jubilant Life Sciences had a total of 815 filings for formulations of which 389 have been approved in various regions globally.
 
The stock opened at Rs 334.90 and touched a high of Rs 344.80. A combined total of 1.27 million hands changed counter on the BSE and the NSE. 

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First Published: Sep 18 2015 | 3:04 PM IST

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