India's Senores Pharma up on buying generic hypertension drug from Wockhardt

Wockhardt

21/05/2025 10:16

** India's Senores Pharma SENO.NS rises 3% to 517.70 rupees

** Drugmaker says it acquired generic version of hypertension drug Enalapril Maleate from Wockhardt WCKH.NS

** Market size for the drug is estimated at $109.2 mln in US, says SENO citing data aggregator Symphony

** Adds, co will fund acquisition for the drug via proceeds it raised during its IPO in December 2024

** Stock down 7% since its trading debut

 (Reporting by Kashish Tandon in Bengaluru)

 ((Kashish.tandon@thomsonreuters.com))