Zydus Lifesciences Limited has received final approval from the United States Food and Drug Administration (USFDA) to manufacture and market Apalutamide Tablets, 60 mg. This approval reinforces the company’s presence in the global pharmaceutical industry.
Apalutamide is an androgen receptor inhibitor prescribed for patients with metastatic castration-sensitive prostate cancer. The tablets will be manufactured at Zydus Lifesciences Ltd (SEZ), Ahmedabad, strengthening the company’s oncology portfolio.
The approval comes in a competitive market where Apalutamide tablets recorded annual sales of USD 1,099.8 million in the United States (IQVIA MAT January 2025). With this, Zydus now holds 420 USFDA approvals, reflecting its strong regulatory track record.
As of March 19, 2025, at 12:10 PM, the shares of Zydus Lifesciences share price are trading at ₹911.85 per share, reflecting a profit of 1.08 from the previous day’s closing price. Over the past month, the stock has registered a surge of 2.29%.
This milestone further cements Zydus’ position in the pharmaceutical sector, ensuring the availability of high-quality treatment options for cancer patients while expanding its global footprint.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 19, 2025, 2:46 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates