{"id":6194,"date":"2021-12-23T18:22:57","date_gmt":"2021-12-23T12:52:57","guid":{"rendered":"https:\/\/www.tickertape.in\/blog\/?p=6194"},"modified":"2021-12-23T18:22:58","modified_gmt":"2021-12-23T12:52:58","slug":"medicamen-biotech","status":"publish","type":"post","link":"https:\/\/www.tickertape.in\/blog\/medicamen-biotech\/","title":{"rendered":"62% Up In December, Find Out The Smallcap Pharma Stock"},"content":{"rendered":"\n<p>On Thursday, smallcap pharma stock <a href=\"https:\/\/www.tickertape.in\/stocks\/medicamen-biotech-MEDI?checklist=basic&amp;utm_source=blog&amp;utm_medium=article\" target=\"_blank\" rel=\"noreferrer noopener\">Medicamen Biotech (MBL)<\/a> hit a new high of Rs. 948.95 on rallying 13% on the BSE. So far in December, the stock has surged 62%, ahead of beginning domestic marketing of its Oncology products. Compared to the MBL, <a href=\"https:\/\/www.tickertape.in\/blog\/sensex-companies\/\">Sensex<\/a> was up 0.32% thus far in the current month.<\/p>\n\n\n\n<p>A quickly evolving therapy field, Oncology has a variety of novel technologies in the development phase that can drastically alter the treatment paradigm. In 2019, the oncology market was valued at $ 143 bn. It is expected to grow at a <a href=\"https:\/\/www.tickertape.in\/blog\/compound-annual-growth-rate\/?utm_source=blog&amp;utm_medium=article\">CAGR<\/a> of 12% between 2020 and 2025.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_66_1 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.tickertape.in\/blog\/medicamen-biotech\/#About-Medicamen-Biotech\" title=\"About Medicamen Biotech\">About Medicamen Biotech<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.tickertape.in\/blog\/medicamen-biotech\/#Financials\" title=\"Financials\">Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.tickertape.in\/blog\/medicamen-biotech\/#Big-plans-ahead\" title=\"Big plans ahead\">Big plans ahead<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About-Medicamen-Biotech\"><\/span><strong>About Medicamen Biotech<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>MBL has been in the industry for nearly two decades. The company manufactures pharmaceutical formulations\u2014based on betalactum, non-betalactum, and cephalosporin drugs\u2014for domestic and overseas markets. Medicamen Biotech has a diversified clientele, consisting of the public sector and other customers across India, Latin America, and Africa.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Financials\"><\/span><strong>Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In H1 FY 2022, MBL had posted a 57% y-o-y growth in its profit after tax (PAT), which stood at Rs. 8.37 cr. The increase was attributed to healthy operational performance. Further, revenue zoomed 6% y-o-y at Rs. 60.61 cr, and <a href=\"https:\/\/www.tickertape.in\/blog\/what-is-ebitda\/\">EBITDA<\/a> margins increased to 21.17% from 16.91%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Big-plans-ahead\"><\/span><strong>Big plans ahead<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>MBL is preparing for ANDA filing for its oncology products, whose domestic marketing will start from January 2022. A team of 20 experienced professionals will be driving the campaign.<\/p>\n\n\n\n<p>The firm\u2019s Bhiwadi (<a href=\"https:\/\/www.tickertape.in\/blog\/beta-in-stock-market\/\">Beta<\/a> Lactum) unit has been upgraded, and it is now ready for the EU and Australian markets with new products. The company also awaits a UN audit scheduled for 2021-22.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Medicamen Biotech, a smallcap pharma stock, hit a new high of Rs. 948.95 on rallying 13% on the BSE. So far in December, the stock has surged 62% compared to Sensex, up 0.32%.<\/p>\n","protected":false},"author":27,"featured_media":6158,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[10,1744],"tags":[1119,28,252],"acf":[],"modified_by":"Aradhana Gotur","jetpack_featured_media_url":"https:\/\/www.tickertape.in\/blog\/wp-content\/uploads\/2021\/12\/9.png?wsr","_links":{"self":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/6194"}],"collection":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/comments?post=6194"}],"version-history":[{"count":2,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/6194\/revisions"}],"predecessor-version":[{"id":6196,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/6194\/revisions\/6196"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media\/6158"}],"wp:attachment":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media?parent=6194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/categories?post=6194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/tags?post=6194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}