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Godavari Biorefineries Jumps 5% to ₹303.42 After Securing Chinese Cancer Drug Patent

By Shishta Dutta | Published at: Jul 16, 2025 03:26 PM IST

Godavari Biorefineries Jumps 5% to ₹303.42 After Securing Chinese Cancer Drug Patent
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Mumbai, Jul 16, 2025 – Godavari Biorefineries Ltd (NSE: GODAVARIB, BSE: 544279) surged 5% to ₹303.42 at 2:42 PM IST. This is followed by the company’s announcement of the grant of a key cancer treatment patent by Chinese authorities.

Stock Movement

Metric Value (₹)
Last Traded Price 303.42
Previous Close 288.98
Open / High / Low 303.42
VWAP 303.42
Upper Circuit 303.42
Buy Quantity 83,735
  • Adjusted P/E: 549.61
  • 52-Week Range: ₹145.00 – ₹408.60
  • Market Cap: ₹1,552.78 Cr

Strategic Announcement

As per the disclosure dated July 15, 2025, under Regulation 30 of SEBI LODR, the company confirmed that the China National Intellectual Property Administration (CNIPA) has granted a patent titled: “5-HYDROXY-1,4-NAPHTHALENEDIONE FOR USE IN THE TREATMENT OF CANCER”.

This patent covers a novel class of compounds that showed strong inhibitory effects on cancer and cancer stem cells in in-vitro studies. The compounds have demonstrated efficacy against multiple cancer types including breast and prostate cancers.

Management Commentary

“This is a significant milestone in our oncology research. The approval strengthens our intellectual property portfolio and opens doors to opportunities in global pharma markets,” the company noted in its filing signed by Manoj Jain, Company Secretary.

Strategic Outlook

This development marks a pivotal step for Godavari Biorefineries in its diversification beyond bio-based chemicals into the high-margin pharmaceutical space. The international recognition from CNIPA enhances the company’s R&D credibility and may offer monetization opportunities through licensing or partnerships in China.

Godavari Biorefineries Stock Performance

As of 2:42 PM IST, Godavari Biorefineries shares are trading at ₹303, up ₹14.44, representing a 5% gain as of July 16, 2025. Godavari Biorefineries shares have declined 11% over the last year, 4.4% year-to-date, and increased 10% in the previous month.

About Godavari Biorefineries

Godavari Biorefineries Ltd, listed on NSE and BSE since October 30, 2024, operates in the Diversified FMCG sector. The company has transitioned from a traditional bio-refinery player into one engaged in specialty chemicals and innovation-led platforms, with a focus on renewable, sustainable inputs and now, novel pharmaceutical compounds.

REF: https://nsearchives.nseindia.com/corporate/GODAVARIBIO_15072025175703_Intimation_to_SE.pdf

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