Zydus Lifesciences Gets USFDA Approval for Generic Gabapentin
By Rediff Money Desk, NEWDELHI Jan 25, 2024 15:34
Zydus Lifesciences receives USFDA approval to market generic Gabapentin tablets for postherpetic neuralgia, marking the first company to receive final approval for this strength.
New Delhi, Jan 25 (PTI) Zydus Lifesciences on Thursday said it has received approval from the US health regulator to market a generic medication to manage postherpetic neuraliga.
The company has received final approval from the US Food and Drug Administration (USFDA) to manufacture and market Gabapentin tablets in strengths of 300 mg and 600 mg, respectively, Zydus Lifesciences said in a regulatory filing.
The drug maker is the first company to receive final approval for generic Gabapentin tablets (300 mg and 600 mg), it added.
The product will be launched immediately in the US market, the drug firm stated.
As per IQVIA data, the product had an annual sales of USD 85 million in the US. Shares of Zydus were trading 2.27 per cent down at Rs 735.30 apiece on the BSE.
The company has received final approval from the US Food and Drug Administration (USFDA) to manufacture and market Gabapentin tablets in strengths of 300 mg and 600 mg, respectively, Zydus Lifesciences said in a regulatory filing.
The drug maker is the first company to receive final approval for generic Gabapentin tablets (300 mg and 600 mg), it added.
The product will be launched immediately in the US market, the drug firm stated.
As per IQVIA data, the product had an annual sales of USD 85 million in the US. Shares of Zydus were trading 2.27 per cent down at Rs 735.30 apiece on the BSE.
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
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 9.17 ( -6.43)
- 158804255
- G V Films
- 0.92 ( -2.13)
- 92620172
- Srestha Finvest
- 0.93 (+ 4.49)
- 40021818
- GTL Infrastructure
- 2.21 ( -4.74)
- 33334323
- Spicejet Ltd.
- 57.56 ( -8.33)
- 31426149
MORE NEWS
Augustinus Bader Skincare & Haircare Launches...
Tira brings Augustinus Bader's luxury skincare and haircare to India, offering...
Muthoot Finance Gold Loans Now Available on...
Muthoot Finance announces that its flagship gold loans can now be availed using Google...
NCERT Books Now Available on Amazon India
NCERT textbooks for students from Kindergarten to Class 12 and UPSC aspirants are now...