Announced Fri, 26 Jun · 18:19 IST
Bajaj Healthcare gets SEC-CDSCO nod to make and sell Cenobamate Tablets
BAJAJHCARE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+14.5%1-day move
₹305.80
prior close
₹313.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+6.5+8.8+9.2+9.6+14.5+12.8+12.8+12.8+10.4+10.2+27.9———
Up moveDown movePending
AI summary
Bajaj Healthcare has received a recommendation from the Subject Expert Committee of the Central Drugs Standard Control Organisation to manufacture and market Cenobamate Tablets in India. Cenobamate is an anti-epileptic drug used to treat partial-onset seizures in adults. The SEC recommendation is a key step toward receiving final marketing approval from the Drug Controller General of India.
Likely market impact
Positive for the company as it adds a new neurology product to its portfolio, potentially boosting future revenue. Watch for final DCGI approval.