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AstraZeneca Pharma shares tumble on patent loss
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Shares of AstraZeneca Pharma, saw its share price tumbling more than 4%, after the company lost a patent plea on its cancer drug.
Shares of the company were last traded at Rs 1500, down 4% on the Bombay Stock Exchange.
AstraZeneca in India has its Research and Development,Manufacturing and Marketing offices in Bangalore,operating through two companies: AstraZeneca Pharma India Limited (AZPIL), involved in Manufacturing and Marketing, and AstraZeneca India Private Limited (AZIPL),involved in Research and Development,Pharmaceutical Research & Development and Branded Generics.
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Story first published: Thursday, November 29, 2012, 10:40 [IST]