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Alembic Pharma Shares Surge After USFDA Nod For New Ovarian Cancer Drug

Summary by NDTV Profit
Alembic Pharmaceuticals Ltd.'s shares surged over 12% to a nearly six-month high after the company received final approval from the US regulator for its new drug application to treat ovarian cancer and other ailments.The US Food & Drug Administration approved the abbreviated new drug application for Doxorubicin Hydrochloride Liposome injection and single-dose vials, as per a regulatory filing.The approved ANDA is therapeutically equivalent to th…
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NDTV Profit broke the news in on Monday, June 30, 2025.
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