Biocon Pharma, a subsidiary of Biocon Limited, has received final approval from the US Food and Drug Administration (USFDA) for two important drug applications.
Along with the final approvals, Biocon Pharma has also secured tentative approval for Rivaroxaban Tablets USP in different strengths. This drug is used to treat deep vein thrombosis, pulmonary embolism and to reduce stroke risk in certain heart conditions.
These approvals contribute to Biocon’s growing portfolio of complex and high-value drug products, reinforcing its expertise in the pharmaceutical sector.
As of March 05, 2025, at 11:55 AM, the shares of Biocon Ltd are trading at ₹319.45 per share, reflecting a surge of 1.48% from the previous day’s closing price. Over the past month, the stock has registered a loss of 18.14%. The stock’s 52-week high stands at ₹404.70 per share, while its low is ₹244.55 per share.
These approvals enhance Biocon Pharma’s footprint in the US market, expanding its portfolio of complex drugs for critical diseases. This milestone reinforces its commitment to delivering high-quality, affordable healthcare solutions globally.
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Published on: Mar 5, 2025, 2:53 PM IST
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