SUNPHARMANSESun Pharmaceutical Industries Limited· Pharmaceuticals & BiotechnologyHighPositive
Announced Mon, 16 Mar, 2026 · 16:23 IST

Sun Pharmaceutical Industries Limited has informed the Exchange regarding a press release dated March 16, 2026, titled "Sun Pharma Announces US FDA Acceptance of Supplemental Biologics License (sBLA) Application for ILUMYA® (tildrakizumab-asmn) for the Treatment of Adults with Active Psoriatic Arthritis".

Regulatory Product ApprovalBusiness Updates View source PDFExplain this filing

SUNPHARMA · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+1.0%Reaction day
₹1776.00
prior close
₹1794.10
announcement price
After-mkt
timing
Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.8%+0.3% vs market
Pharmaceuticals peers, median of 160sector+0.3%+0.7% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty 100 and 0.7 pts more than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-0.2
10m
-0.2
15m
-0.3
30m
-0.1
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+1.0+0.8+0.3+0.3+0.7
Next day
+0.3+1.6-1.3+1.3-0.9
2d
-1.5-1.7+0.2+0.0-1.5
3d
-0.3-1.2+0.9+0.7-1.0
4d
-1.6-4.0+2.4-3.5+1.9
5d
-1.3-2.3+1.0-1.7+0.4
1w
+1.0-2.7+3.7-3.3+4.3
15d
-6.8+3.1-9.9+6.8-13.6
1m
-5.7+4.9-10.6+10.5-16.1
2m
+7.2+2.0+5.2+12.0-4.8
3m
+2.5+4.5-2.0+13.7-11.2
UpDownMarket · Nifty 100Sector · Pharmaceuticals peers, median of 160Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The US FDA has accepted Sun Pharma's supplemental Biologics License Application (sBLA) to expand the use of ILUMYA (tildrakizumab-asmn) to treat adults with active psoriatic arthritis. ILUMYA is currently approved in the US for moderate-to-severe plaque psoriasis since 2018, with scalp and nail psoriasis sBLAs approved in April 2024 and December 2025. The FDA decision on the new indication is expected by October 29, 2026. The application is supported by the INSPIRE-1 and INSPIRE-2 Phase 3 studies, which reported positive top-line results in July 2025. Roughly 1 in 3 psoriasis patients develops psoriatic arthritis, and nearly 140,000 patients have already been treated with ILUMYA worldwide.

Likely market impact

This is a positive regulatory milestone that could meaningfully expand ILUMYA's addressable market in the US, supporting Sun Pharma's innovative medicines business, which contributes about 20% of company sales. Approval would likely drive long-term revenue growth, though the actual benefit depends on the FDA's decision in October 2026.