 "Drug discovery co SPARC seeks Sebi nod for Rs 250-cr rights issue (spot)")
Sun Pharma Advanced Research (SPARC) has dipped 15% to Rs 332 on BSE in early morning trade after the company said its two pivotal phase III studies of Baclofen GRS for treatment of spasticity in patients with multiple sclerosis did not meet the primary end point in placebo controlled studies.
Baclofen GRS is a novel, once-a-day formulation developed by the company's proprietary gastroretentive system (GRS) technology, SPARC said in a filing to BSE on Friday after market hours.
“We are disappointed with the outcomes of these studies and will evaluate the data in greater detail to decide on
Baclofen GRS is a novel, once-a-day formulation developed by the company's proprietary gastroretentive system (GRS) technology, SPARC said in a filing to BSE on Friday after market hours.
“We are disappointed with the outcomes of these studies and will evaluate the data in greater detail to decide on
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