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Glenmark launches new coronavirus medicine

Glenmark launches  NCOVD-19 medicine


News
Glenmark has received approval to manufacture and market Favipiravir in India treatment of patients with mild to moderate COVID-19.Favipiravir has shown clinical improvement of up to 88 per cent in mild to moderate COVID-19 cases .
Price at ₹103 per tablet, 200 mg tablet at MRP of ₹3,500 for 34 tablets.
The dose of Favipiraviris 1,800 mg twice daily on day one, followed by 800 mg twice daily up to day 14. It is a prescription-based medicine.
  • Book Value:  208.95
  • Stock P/E: 16.10
  • Dividend Yield: 0.49 %
  • ROCE: 14.78 %
  • ROE: 15.20 %
  • Sales Growth (3Yrs): 9.27 %
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