Cipla shares trade within inches of record high; check out latest triggers for drug maker

Cipla share price NSE, BSE: Cipla shares looked almost prepared to register a fresh all-time high in a special session on Saturday, March 2, after the US drug regulator completed inspections at a facility of the Mumbai-headquartered pharma company's Chinese subsidiary, Cipla Jiangsu, with zero observations. 

Cipla shares trade within inches of record high; check out latest triggers for drug maker

Cipla share price NSE, BSE: Cipla shares strengthened in a special session on Dalal Street on Saturday, March 2, coming within inches of a record high touched late last month, after the US Food and Drug Administration (FDA) completed inspections at a facility of the Mumbai-headquartered pharmaceutical company's Chinese subsidiary, Cipla Jiangsu, with zero observations. 

In a separate development, Kemwell Biopharma UK and MNI Ventures received confirmation from the US Secretary of State to form a joint venture with Cipla (EU), a subsidiary of the Indian drug maker. 

(This story will be updated shortly)

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Written By: ZeeBiz WebTeam
Updated: Sat, Mar 02, 2024
09:57 AM IST
New Delhi, ZeeBiz WebDesk
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