Latest news with #Dyrupeg™
Time of India
8 hours ago
- Business
- Time of India
Aurobindo Pharma shares in focus after subsidiary CuraTeQ gets UK nod for Dyrupeg
Aurobindo Pharma shares will be in focus on Wednesday after its wholly-owned step-down subsidiary, CuraTeQ Biologics s.r.o., received marketing authorisation from the UK's Medicines and Healthcare products Regulatory Agency (MHRA) for Dyrupeg , a biosimilar of pegylated filgrastim . "CuraTeQ Biologics s.r.o., a wholly owned step-down subsidiary of Aurobindo Pharma Ltd, has obtained marketing authorisation from the UK's Medicines and Healthcare products Regulatory Agency (MHRA) for Dyrupeg™, its pegylated filgrastim biosimilar version," according to a stock exchange filing. This is CuraTeQ's third biosimilar approval from the UK regulator, following the authorisations of Bevqolva in December 2024 and Zefylti in May 2025. Dyrupeg is used to reduce the risk of infection in cancer patients undergoing chemotherapy and had earlier received marketing approval from the European Commission in April 2025. Also Read: Coforge among 10 high-conviction stock ideas that can rally up to 52% Aurobindo Pharma Q4 earnings For the March quarter, Aurobindo Pharma reported an 11% year-on-year rise in consolidated revenue to Rs 8,382.1 crore, broadly in line with Street expectations. The growth was mainly driven by a 13.5% YoY increase in US formulation sales and a 17.2% jump in European formulations. Net profit for the quarter stood at Rs 902.8 crore, marginally lower than Rs 907.4 crore in the same quarter last year. EBITDA rose 7.1% YoY to Rs 1,792 crore, with an EBITDA margin of 21.38%, slightly down from the previous year. Also Read: 11 Nifty mid & smallcap stocks that can rally 40-90% over the next 12 months Aurobindo Pharma shares price target According to Trendlyne, the average target price for Aurobindo Pharma shares is Rs 1,403, indicating a potential 27% upside from current levels. Among 27 analysts covering the stock, the consensus rating is 'Buy'. On Tuesday, the stock closed 0.4% higher at Rs 1,104 on the BSE. While it has declined 18% year-to-date, it has more than doubled—rising 110%—over the past three years. The company's current market capitalisation is around Rs 64,120 crore. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Business Upturn
a day ago
- Business
- Business Upturn
Aurobindo Pharma's CuraTeQ secures UK's MHRA approval for Dyrupeg
By Aman Shukla Published on June 24, 2025, 16:58 IST CuraTeQ Biologics s.r.o., a wholly owned step-down subsidiary of Aurobindo Pharma Ltd, has received marketing authorization from the UK's Medicines and Healthcare products Regulatory Agency (MHRA) for Dyrupeg™ , a biosimilar of pegylated filgrastim. This marks the company's third biosimilar approval in the UK, following Bevqolva™ in December 2024 and Zefylti™ in May 2025. The latest approval adds to Dyrupeg's regulatory success, as it had already secured a marketing nod from the European Commission (EC) in April 2025. Pegylated filgrastim is commonly used to reduce infection risk in cancer patients undergoing chemotherapy, and the launch of Dyrupeg™ is expected to enhance patient access to affordable biologic therapies across Europe and the UK. In the exchange filing, the compamy shared, 'CuraTeQ Biologics s.r.o., a wholly owned step-down subsidiary of Aurobindo Pharma Ltd, has obtained marketing authorization from the UK's Medicines and Healthcare products Regulatory Agency (MHRA) for Dyrupeg™, its pegylated filgrastim biosimilar version. Earlier in April 2025, Dyrupeg™ received marketing authorization in the European Union from the European Commission (EC). This is CuraTeQ's third biosimilar to be approved by MHRA after the approval of Bevqolva™ in December 2024 and Zefylti™ in May 2025.' With this milestone, CuraTeQ continues to strengthen its biosimilar portfolio and expand its footprint in the global biopharmaceutical market. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
