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EQUITY - MARKET SCREENER

Proventus Agrocom Ltd
Industry :  Trading
BSE Code
ISIN Demat
Book Value()
78870
INE0ONE01016
354.1878997
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
PROV
62.47
402.32
EPS(TTM)
Face Value()
Div & Yield %
18.65
10
0
 

le lavoir ltd
Granules India’s U.S. subsidiary receives USFDA approval for ADHD drug
Dec 22,2025
The said product is a generic equivalent of ADZENYS XR-ODT, will be manufactured at Granules’ US facility in Chantilly, Virginia. It will be available in strengths of 3.1 mg, 6.3 mg, 9.4 mg, 12.5 mg, 15.7 mg, and 18.8 mg and is indicated for the treatment of Attention Deficit Hyperactivity Disorder (ADHD). According to IQVIA (IMS Health), the drug has an estimated market size of approximately $172 million.

Currently, the market has only one approved generic and one authorised generic, giving Granules a favourable position to expand access to this therapy upon launch.

The company said the tentative approval strengthens its US generics portfolio and underscores its continued investments in complex dosage forms, patient-friendly delivery technologies, and value-driven healthcare solutions.

Dr Krishna Prasad Chigurupati, chairman and managing director, stated, “The tentative approval of this ANDA reaffirms Granules’ strategic focus on expanding its portfolio of complex and differentiated generics while strengthening its presence in the central nervous system (CNS) therapeutic area. ADHD is one of the most commonly diagnosed neurodevelopmental disorders in the United States and impacts hundreds of millions of people worldwide. At Granules, we remain committed to improving patient access by delivering high-quality, affordable medications across global markets.”

Granules India is primarily involved in the manufacturing and sale of active pharmaceutical ingredients (APIs), pharmaceutical formulation intermediates (PFIs), and finished dosages (FDs).

The company’s consolidated net profit declined 16.3% to Rs 112.64 crore, while net sales increased 3.4% to Rs 1,208.79 crore in Q2 FY26 compared with Q2 FY25.

The counter rose 0.25% to Rs 584.75 on the BSE.