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Gland Pharma secures USFDA approval for eye care drug Olopatadine 0.7%, stock up 5%

News by Aliceblue News Desk

08 Jan 2026

Gland Pharma secures USFDA approval for eye care drug Olopatadine 0.7%, stock up 5%

Introduction

Leading pharmaceutical company receives USFDA approval for Olopatadine Hydrochloride Ophthalmic Solution USP 0.7% (OTC), equivalent to Pataday, for treating ocular itching associated with allergic conjunctivitis.

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Share price movement of Gland Pharma

On January 8, 2026, Gland Pharma Ltd opened at ₹1,743.05, up 2.03% from its previous close of ₹1,708.50. The stock reached a high of ₹1,795.85 (5.15%) and a low of ₹1,702.00 (-0.38%). By 12:40 PM, it traded at ₹1,704.85, a -0.21% decrease, with a market cap of ₹28,088.50 crore.

Gland Pharma Receives USFDA Approval for Ophthalmic Solution

Gland Pharma Limited received approval from the U.S. FDA for its Olopatadine Hydrochloride Ophthalmic Solution USP, 0.7% (OTC). The product is therapeutically equivalent to Pataday Once Daily Relief, 0.7%.

The solution is indicated for treating ocular itching associated with allergic conjunctivitis. This approval strengthens Gland Pharma’s ophthalmic portfolio and enables the company to market the product in the U.S. market.

Stock performance of Gland Pharma for Period of 1 week, 6 months, and 1 year

Gland Pharma Ltd delivered a -0.39% return over the past week, -8.10% over the past six months, and -7.64% over the past one year.

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Shareholding pattern of Gland Pharma

ParticularsSep 2025Jun 2025Mar 2025
Promoter51.80%51.80%51.80%
FII7.90%7.40%6.90%
DII32.60%32.90%33.30%
Public7.60%7.90%8.00%

About Gland Pharma

Gland Pharma Limited (NSE: GLAND), established in 1978, is a global injectable-focused pharmaceutical company producing vials, ampoules, pre-filled syringes, ophthalmic solutions, and oncology products across 60 countries.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Gland Pharma Ltd share price rising today?

A: Gland Pharma receives USFDA approval for Olopatadine Hydrochloride Ophthalmic Solution USP 0.7% (OTC) for treating ocular itching from allergic conjunctivitis.

Q: What is Gland Pharma Ltd’s main business focus?

A: Gland Pharma Ltd focuses on developing, manufacturing, and marketing injectable pharmaceutical products, including vials, ampoules, pre-filled syringes, and ophthalmic solutions globally.

Q: What is the 52-week high and low of Gland Pharma Ltd stock?

A: Gland Pharma Ltd stock’s 52-week high is ₹2,130.00 and low is ₹1,200.00.

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