Alembic Pharma Gains FDA Approval for Schizophrenia Treatment Amid Stock Fluctuations
Friday, 27 September 2024, 03:27
Alembic Pharmaceuticals Secures FDA Approval
Alembic Pharmaceuticals has successfully received FDA approval for its innovative Paliperidone Tablets, targeting schizophrenia. This approval marks a pivotal moment for Alembic Pharma as it aims to penetrate deeper into the schizophrenia treatment market.
Market Response and Stock Analysis
Following the announcement, stock performance has shown volatility, currently sitting at ₹1,179.95 on the NSE. Investors are observing *Alembic's* movements closely as the pharmaceutical landscape adapts to new treatments for *schizophrenia*.
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