Indoco Remedies Gets USFDA Nod for Generic Lofexidine Tablets

By By Rediff Money Desk, New Delhi
Aug 21, 2024 14:27
Indoco Remedies receives USFDA approval to market generic Lofexidine tablets, used for opioid discontinuation treatment, with 180 days of exclusivity.
New Delhi, Aug 21 (PTI) Drugmaker Indoco Remedies Ltd on Wednesday said it has received final approval from the US health regulator to market its generic Lofexidine tablets, used in opioid discontinuation treatment, with 180 days of competitive generic therapy exclusivity.

The approval by the US Food and Drug Administration (USFDA) is for Lofexidine tablets 0.18 mg, a generic equivalent of Lucemyra tablets, 0.18 mg of USWM, LLC, Indoco Remedies said in a regulatory filing.

"Indoco has been granted a Competitive Generic Therapy (CGT) designation by the USFDA and being the first approved generic, is eligible for 180 days of CGT exclusivity for Lofexidine tablets, 0.18 mg in the USA," it added.

This exclusivity will begin to run from the date of the first commercial marketing of the product. Indoco intends to launch the product immediately in the US, the company said.

The USFDA designates a drug with inadequate generic competition as a CGT.

"...this strengthens our position in the US market, driving us closer to expanding our reach in the US," Indoco Remedies Managing Director Aditi Panandikar said on the development.

The product will be manufactured by Indoco at its manufacturing facility in Verna, Goa, the company said.

This product is indicated for mitigation of symptoms associated with acute withdrawal from opioids and for facilitation of the completion of opioid discontinuation treatment.

Citing IQVIA Health data, the company said sales of the product are around USD 15.59 million with an expected growth of 38 per cent.
Source: PTI
Read More On:
generic drugsusfdaindoco remedieslofexidineopioid withdrawal
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Punjab Seeks Korean Investment: Mann Visits Seoul

Punjab CM Mann urges Korean investment in Seoul, highlighting industry-friendly...

India-EU FTA Talks with Goyal: Key Issues &...

EU team meets Piyush Goyal to discuss India-EU Free Trade Agreement. Focus on steel,...

AI/ML in Power Distribution: Manohar Lal Keynote

Manohar Lal highlights AI/ML role in power distribution at national conference. Focus...

UIDAI Aadhaar Verification: New Rules & App

UIDAI to mandate registration for Aadhaar verification. New app & rules discourage...

Gold Price Outlook: Fed Decision & Rupee Impact

Gold prices to watch Fed meeting, rupee movement. Analysts predict potential gains amid...

Paint Makers Expect Q3 Uptick, Margin Improvement

Paint makers anticipate sales & volume growth in Q3 with improved margins due to benign...

Urban Vault Leases to Japanese Firms in Bengaluru

Urban Vault leases 21,000 sq ft office space in Bengaluru to Nachi, Pioneer, & Komatsu....

Dwarka Expressway Housing Prices Surge 3.5x in...

Dwarka Expressway property prices jumped 3.5 times in 5 years! Report by Square Yards...

Govt to Convert 40 GW Renewable Energy to FDRE:...

Suzlon expects the government to convert 40 GW of uncontracted renewable energy to...

Ola Electric Delivers 4680 Bharat Cell EVs

Ola Electric starts mass deliveries of 4680 Bharat Cell powered S1 Pro+ scooters....

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com