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Alembic Pharmaceuticals Gains USFDA Approval for Diltiazem Tablets

Story Highlights
  • Alembic Pharmaceuticals received USFDA approval for Diltiazem Hydrochloride Tablets.
  • This approval strengthens Alembic’s market position and portfolio in the pharmaceutical industry.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Alembic Pharmaceuticals Gains USFDA Approval for Diltiazem Tablets

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Alembic Pharmaceuticals Limited ( (IN:APLLTD) ) has issued an update.

Alembic Pharmaceuticals Limited has received final approval from the US Food & Drug Administration (USFDA) for its Diltiazem Hydrochloride Tablets USP in various dosages. This approval marks a significant milestone for Alembic, enhancing its portfolio of USFDA-approved products and strengthening its position in the global pharmaceutical market. The approval is expected to positively impact the company’s operations and market presence, offering stakeholders potential growth opportunities.

More about Alembic Pharmaceuticals Limited

Alembic Pharmaceuticals Limited is a vertically integrated research and development pharmaceutical company, established in 1907 and headquartered in India. It is publicly listed and focuses on manufacturing and marketing generic pharmaceutical products globally. Alembic is recognized as a leader in branded generics in India, with its products being approved by regulatory authorities in many developed countries, including the USFDA.

Average Trading Volume: 11,217

Technical Sentiment Signal: Hold

Current Market Cap: 180.3B INR

Learn more about APLLTD stock on TipRanks’ Stock Analysis page.

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