Natco launches Swine flu drug

Hyderabad, Sept. 18: Drug maker Natco Pharma on Friday said it has launched anti-swine flu drug Natflu.

“Natco Pharma has launched Natflu capsule, the cure for swine flu,” the Hyderabad-based firm said in a statement.

The maximum retail price for the medicine is fixed at Rs 480 for a bottle of 10 capsules and is available in all licensed pharmacies, it further said.

Natflu is the generic version of Tamiflu-Oseltam-ivir. Shares of Natco Pharma surged nearly seven per cent on the Bombay Stock Exchange after the company announced the launch of anti-swine flu drug Natflu.

Shares of the company surged to a high of Rs 127.85, up 8.11 per cent over the previous closing during the intra-day trade. The scrip later pared some gains and settled up 6.26 per cent at Rs 125.65 on the BSE.

On the National Stock Exchange, the scrip closed with a gain of 4.67 per cent at Rs 124.30.

During the intra-day trade, the scrip rose 7.28 per cent to a high of Rs 127.40. Over 24.44 lakh shares changed hands on both the bourses.