Medicamen Biotech Ltd Share Price – NSE  / BSE

Pharmaceuticals, Small Cap

The ANDA pertains to Bortezomib for Injection, 3.5 mg single-dose vial. The USFDA has determined that the product is bioequivalent and therapeutically equivalent to the Reference Listed Drug (RLD), Velcade for Injection, 3.5 mg/vial, marketed by Takeda Pharmaceuticals U.S.A. Inc. (NDA-021602).

This milestone marks a significant step forward in the company?s strategy to enter regulated markets. The Bortezomib API was developed in-house through the company?s R&D efforts and manufactured at Shivalik Rasayan, which holds USDMF 036171.

The achievement underscores Medicamen?s capabilities in successfully developing and commercializing products using its own R&D and API manufacturing infrastructure, built over the past few years. It also highlights the company?s strong commitment to stringent quality standards, robust regulatory compliance, and adherence to Current Good Manufacturing Practices (cGMP).

Medicamen reaffirmed its dedication to maintaining the integrity of its products and systems as it continues to expand its footprint in the U.S. market.

Medicamen Biotech is a research-led pharmaceutical company involved in developing, manufacturing, and marketing generic finished dosage formulations, and Oncology Formulations.

The company?s consolidated net profit rose 13.6% to Rs 2.42 crore in Q4 FY25, despite a 37.4% decline in revenue from operations to Rs 29.61 crore compared to the year-ago period.

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Medicamen Biotech announced that the Board of Directors of the Company at its meeting held on 30 May 2025, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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Net profit of Medicamen Biotech rose 13.62% to Rs 2.42 crore in the quarter ended March 2025 as against Rs 2.13 crore during the previous quarter ended March 2024. Sales declined 37.43% to Rs 29.61 crore in the quarter ended March 2025 as against Rs 47.32 crore during the previous quarter ended March 2024.

For the full year,net profit declined 34.95% to Rs 7.11 crore in the year ended March 2025 as against Rs 10.93 crore during the previous year ended March 2024. Sales declined 9.35% to Rs 162.55 crore in the year ended March 2025 as against Rs 179.31 crore during the previous year ended March 2024.

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Medicamen Biotech will hold a meeting of the Board of Directors of the Company on 30 May 2025.

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