• Cipla, Glenmark shares hit 52-week high over launch of COVID-19 drugs

    Cipla, Glenmark shares hit 52-week high over launch of COVID-19 drugs

    Published Date : 22-Jun-2020 3:10:09 IST

    Cipla’s shares on Monday surged 9.2% to hit a new 52-week high of ₹696 on BSE. This comes after it was allowed to manufacture and supply antiviral drug remdesivir for treatment of suspected or confirmed cases of COVID-19. Shares of Glenmark Pharmaceuticals also surged 40% to a 52-week high of ₹572.7 after it launched antiviral drug favipiravir for COVID-19 treatment.

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