Zydus Lifesciences Launches Generic Overactive Bladder Drug in US
By Rediff Money Desk, NEWDELHI Apr 22, 2024 11:30
Zydus Lifesciences has launched a generic medication for overactive bladder in the US market. The drug, Mirabegron, is expected to increase access and availability for patients.
![Zydus Lifesciences Launches Generic Overactive Bladder Drug in US](https://im.rediff.com/money/2023/mar/31zydus.jpg)
Photograph: Courtesy Zydus.
New Delhi, Apr 22 (PTI) Zydus Lifesciences on Monday said it has launched a generic medication to treat overactive bladder in the US market.
The company has launched Mirabegron extended-release tablets in strength of 25 mg in the US market after having received final approval from the US Food and Drug Administration (USFDA), Zydus Lifesciences said in a regulatory filing.
Zydus is among the first suppliers to launch the generic version of Mirabegron extended-release tablets (USP 25 mg) in the US market.
The company is also preparing to launch the 50 mg tablets in the market, it added.
Mirabegron is indicated for the treatment of Overactive Bladder (OAB) with symptoms of urge urinary incontinence, urgency and urinary frequency.
The drug will be manufactured at the Zydus group's formulation manufacturing facility in Ahmedabad SEZ, India, the drug maker said.
Zydus CEO Americas, Punit Patel said the launch of generic Mirabegron will improve access and availability of the generic product for patients in the US market.
"This is a significant launch for us which will strengthen our growth plans in the US market in the current fiscal," he added.
As per the IQVIA MAT data, Mirabegron extended-release tablets (USP 25mg and 50mg) had annual sales of USD 2.42 billion in the US.
Zydus shares were trading 2.9 per cent up at Rs 948.90 apiece on the BSE.
The company has launched Mirabegron extended-release tablets in strength of 25 mg in the US market after having received final approval from the US Food and Drug Administration (USFDA), Zydus Lifesciences said in a regulatory filing.
Zydus is among the first suppliers to launch the generic version of Mirabegron extended-release tablets (USP 25 mg) in the US market.
The company is also preparing to launch the 50 mg tablets in the market, it added.
Mirabegron is indicated for the treatment of Overactive Bladder (OAB) with symptoms of urge urinary incontinence, urgency and urinary frequency.
The drug will be manufactured at the Zydus group's formulation manufacturing facility in Ahmedabad SEZ, India, the drug maker said.
Zydus CEO Americas, Punit Patel said the launch of generic Mirabegron will improve access and availability of the generic product for patients in the US market.
"This is a significant launch for us which will strengthen our growth plans in the US market in the current fiscal," he added.
As per the IQVIA MAT data, Mirabegron extended-release tablets (USP 25mg and 50mg) had annual sales of USD 2.42 billion in the US.
Zydus shares were trading 2.9 per cent up at Rs 948.90 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
- GTL Infrastructure
- 2.93 ( -4.87)
- 226206286
- IFL Enterprises
- 1.30 (+ 4.84)
- 81461564
- Vodafone Idea L
- 16.79 (+ 0.66)
- 67447398
- NCL Research
- 0.95 ( -4.04)
- 31996628
- Franklin Industries
- 3.73 (+ 3.32)
- 21511209
MORE NEWS
![Navi Mumbai...](https://im.rediff.com/80-80/money/2021/jun/10navi-mumbai-airport7.jpg)
Navi Mumbai Airport ILS Signal Testing Begins
The Airports Authority of India (AAI) has begun ILS signal testing at the...
![Air India VRS for...](https://im.rediff.com/80-80/money/2020/sep/09tata-vistara-3.jpg)
Air India VRS for Non-Flying Staff Ahead of...
Air India has announced a voluntary retirement scheme (VRS) and voluntary separation...
Fisher Groups Oppose WTO Fisheries Subsidy Talks
Small-scale fisher groups from India, Indonesia, and Bangladesh demand WTO keep...