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Orchid Chemicals gets USFDA nod; Stk gains-news04022012

Saturday, February 04, 2012

 Orchid Chemicals & Pharmaceuticals rose over 11%, touching the monthly high of Rs193.40, after the company said that it has received approval from the United States Food and Drugs Administration ( USFDA) for its ANDA (Abbreviated New Drug Application) for Levofloxacin tablets.

The Levofloxacin tablets are in the 250 mg, 500 mg and 750 mg strengths.

At 2.51 am, Orchid Chemicals & Pharmaceuticals was trading at Rs192, up by 10.38%, with a volume of 12.55 lakh shares on the BSE.
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