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Both trials failed to meet their primary endpoints: a 75% improvement in the Psoriasis Area and Severity Index (PASI75) and Eczema Area and Severity Index (EASI75), respectively, by Week 16.
Following the setback, SPARC and SPIL stated they would assess the appropriate next steps for the development of Vibozilimod.
SPARC is a clinical stage bio-pharmaceutical company focused on continuously improving standards of care for patients globally, through innovation in therapeutics and delivery.
On a consolidated basis, SPARC reported net loss of Rs 59.77 crore in Q4 March 2025 as against net loss of Rs 105.79 crore in Q4 March 2024. Net sales rose 64.19% year-on-year to Rs 27.19 crore in Q4 March 2025.
Aditya Birla Fashion & Retail Ltd, Fusion Finance Ltd Partly Paidup, Alivus Life Sciences Ltd and Indo Count Industries Ltd are among the other losers in the BSE's 'A' group today, 04 June 2025.
Sun Pharma Advanced Research Company Ltd lost 18.76% to Rs 158.9 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 9.45 lakh shares were traded on the counter so far as against the average daily volumes of 94359 shares in the past one month.
Aditya Birla Fashion & Retail Ltd crashed 10.33% to Rs 77.1. The stock was the second biggest loser in 'A' group.On the BSE, 437.77 lakh shares were traded on the counter so far as against the average daily volumes of 4.25 lakh shares in the past one month.
Fusion Finance Ltd Partly Paidup tumbled 3.89% to Rs 100.05. The stock was the third biggest loser in 'A' group.On the BSE, 985 shares were traded on the counter so far as against the average daily volumes of 10093 shares in the past one month.
Alivus Life Sciences Ltd dropped 3.48% to Rs 1024. The stock was the fourth biggest loser in 'A' group.On the BSE, 2773 shares were traded on the counter so far as against the average daily volumes of 5155 shares in the past one month.
Indo Count Industries Ltd fell 3.43% to Rs 271.3. The stock was the fifth biggest loser in 'A' group.On the BSE, 16635 shares were traded on the counter so far as against the average daily volumes of 54599 shares in the past one month.
Sun Pharma Advanced Research Company Ltd, Bank of Maharashtra, Reliance Power Ltd and Genus Power Infrastructures Ltd are among the other gainers in the BSE's 'A' group today, 02 June 2025.
Astrazeneca Pharma India Ltd spiked 11.17% to Rs 8855 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 24613 shares were traded on the counter so far as against the average daily volumes of 920 shares in the past one month.
Sun Pharma Advanced Research Company Ltd soared 10.07% to Rs 203.8. The stock was the second biggest gainer in 'A' group. On the BSE, 3.28 lakh shares were traded on the counter so far as against the average daily volumes of 69764 shares in the past one month.
Bank of Maharashtra surged 6.93% to Rs 57.73. The stock was the third biggest gainer in 'A' group. On the BSE, 52.36 lakh shares were traded on the counter so far as against the average daily volumes of 12.82 lakh shares in the past one month.
Reliance Power Ltd rose 6.09% to Rs 61.7. The stock was the fourth biggest gainer in 'A' group. On the BSE, 375.97 lakh shares were traded on the counter so far as against the average daily volumes of 158.73 lakh shares in the past one month.
Genus Power Infrastructures Ltd advanced 5.94% to Rs 418.45. The stock was the fifth biggest gainer in 'A' group. On the BSE, 4.95 lakh shares were traded on the counter so far as against the average daily volumes of 1.27 lakh shares in the past one month.
For the full year,net loss reported to Rs 342.51 crore in the year ended March 2025 as against net loss of Rs 387.21 crore during the previous year ended March 2024. Sales declined 5.00% to Rs 71.77 crore in the year ended March 2025 as against Rs 75.55 crore during the previous year ended March 2024.