Zydus Life shares rise 2% after USFDA nod for Eluxadoline tablets

  • Posted on March 17, 2025
  • By Business News Today
  • 4 Views
Zydus Life shares rise 2% after USFDA nod for Eluxadoline tablets

Zydus Lifesciences shares rose nearly 2% to Rs 899.40 after receiving USFDA approval to manufacture Eluxadoline Tablets (75 mg & 100 mg) for IBS-D treatment. The company secured 180 days of shared generic drug exclusivity. Analysts set an average target price of Rs 1,066, indicating a 21% upside, though technical indicators suggest a bearish trend.
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