Latest news with #Dazublys
Business Standard
03-07-2025
- Business
- Business Standard
Stock Alert: V2 Retail, Avenue Supermarts, Baazar Style Retail, RVNL
Securities in F&O Ban: RBL Shares are banned from F&O trading on 3 July 2025. Stock to Watch: V2 Retail standalone revenue stood at Rs 628 crore in Q1 FY26, up 51% compared with Rs 415 crore in Q1 FY25. This growth underscores the effectiveness of its product-first strategy, improved sell-throughs, and deeper market penetration. SSSG for the quarter stood at 5% in Q1 FY26. Baazar Style Retails standalone revenue jumped 37% to Rs 377.7 crore in Q1 FY26, compared with Rs 275.7 crore in Q1 FY25. Total stores increased 40% to 232 in Q1 FY26 as against 166 stores in Q1 FY25. Avenue Supermarts (Dmart)'s revenue jumped 16.19% to Rs 15,932.12 crore in the quarter ended 30th June 2025 compared with Rs 13,711.87 crore in quarter ended 30th June 2024. Rail Vikas Nigam (RVNL) has appointed Chandan Kumar Verma, executive director as chief financial officer (CFO) with effect from 2 July 2025. Nestle India added a new Maggi Noodles production line at Sanand Factory, Gujarat, investing Rs 105 crore in the expansion. Aurobindo Pharma wholly owned step down subsidiary, CuraTeQ Biologics s.r.o has obtained marketing authorization from the European Commission for Dazublys, its trastuzumab biosimilar version.
Time of India
03-07-2025
- Business
- Time of India
Aurobindo Pharma shares in focus after European Commission nod for cancer drug Dazublys
Synopsis Aurobindo Pharma's subsidiary, CuraTeQ Biologics, secured European Commission approval for its trastuzumab biosimilar, Dazublys, indicated for HER2-positive cancers. This marks CuraTeQ's third EMA-approved biosimilar in 2025, reinforcing Aurobindo's focus on biosimilars with plans for 10 launches by 2030. Analysts predict a potential 20% upside for Aurobindo Pharma shares, with a consensus 'Buy' rating.
The Hindu
26-04-2025
- Business
- The Hindu
Aurobindo arm's biosimilar for breast cancer gets EMA panel nod
Aurobindo Pharma subsidiary CuraTeQ Biologics' biosimilar for breast cancer has been recommended for marketing authorisation by the Committee for Medicinal Products for Human Use of the European Medicines Agency (EMA). 'The CHMP has adopted a positive opinion recommending marketing authorisation of Dazublys (150 mg powder for concentrate for solution for infusion), CuraTeQ Biologics s.r.o. trastuzumab biosimilar, for the treatment of HER2-positive metastatic and early breast cancers,' Aurobindo Pharma said on Saturday. The positive opinion is based on demonstrating comprehensive analytical similarity and clinically no meaningful differences between Dazublys and the reference biologic product Herceptin in terms of pharmacokinetics, pharmacodynamics, efficacy, safety, and immunogenicity. Upon European Commission approval that is expected in July, Dazublys will be available for use across EU member states, Aurobindo Pharma Director and CEO Biologics, Vaccines and Peptides Satakarni Makkapati said. 'This marks our third biosimilar to receive CHMP's endorsement and the fourth overall in the EU, alongside the approval of Bevqolva (a bevacizumab biosimilar) by the MHRA in November 2024. Biosimilars are playing an important role in improving cancer care, and we remain committed to expanding our biosimilars portfolio,' he said in a release. Aurobindo Pharma Vice Chairman and MD Nithyananda Reddy said the company is working towards building biosimilars as one of the core businesses. 'By 2030, we are committed to launching at least 10 biosimilars across oncology and immunology therapy segments,' he said. On Trastuzumab, which a monoclonal antibody, the company said the biosimilar specifically binds and inhibits the human epidermal growth factor receptor 2 (HER2) protein, which is over-expressed on certain types of solid cancers such as breast and gastric cancer. By binding to the extracellular domain of HER2, trastuzumab disrupts its ability to signal, leading to cell cycle arrest, reduced tumour growth and potentially immune system activation to destroy cancer cells.
Business Standard
26-04-2025
- Business
- Business Standard
CuraTeQ Biologics s.r.o. receives positive opinion for biosimilar Dazublys from EMA
Used for treatment of HER2-positive metastatic and early breast cancers CuraTeQ Biologics s.r.o., a wholly owned step-down subsidiary of Aurobindo Pharma, announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) has adopted a positive opinion recommending marketing authorisation of Dazublys (150 mg powder for concentrate for solution for infusion), its trastuzumab biosimilar, for the treatment of HER2-positive metastatic and early breast cancers. Trastuzumab specifically binds and inhibits the human epidermal growth factor receptor 2 (HER2) protein, which is over-expressed on certain types of solid cancers such as breast and gastric cancer. By binding to the extracellular domain of HER2, trastuzumab disrupts its ability to signal, leading to cell cycle arrest, reduced tumor growth, and potentially immune system activation to destroy cancer cells. Aurobindo Pharma's Vice Chairman and Managing Director Mr. Nithyananda Reddy said, "The CHMP's positive opinion of a third biosimilar from our portfolio in a five-month time period underscores our extensive efforts in building biosimilars as one of the core businesses at Aurobindo. By 2030, we are committed to launching at least 10 biosimilars across oncology and immunology therapy segments, furthering our mission to serve patients with high-quality, cost-effective therapies."
