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Shares in Natco Rally On Hepatitis Approval
Shares in Natco rallied after the company received an approval for generic Hepatitis C medicine. The stock was up over 5 per cent at Rs 1,963 on the National Stock Exchange.
It also hit a new 52-week high of Rs 1984 in intra day trading.
"Natco Pharma is pleased to announce that it is the 1st company in India to get approval for generic sofosbuvir tablets, 400mg, from Drugs Controller General (India)," the company said in a press release.
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Story first published: Thursday, March 12, 2015, 12:20 [IST]