Drug firm Cipla today said its US arm InvaGen Pharmaceuticals Inc has received final approval from the American health regulator to market generic Bupropion Hydrochloride extended release tablets used for treatment of major depressive disorder. "InvaGen Pharmaceuticals Inc has received final approval for its abbreviated new drug application (ANDA) for Bupropion Hydrochloride extended release tablets (XL), 150 mg and 300 mg, from the United States Food and Drug Administration," Cipla said in a statement. The product is available for shipping immediately, it added. The company's tablets are generic versions of Valeant's Wellbutrin XL tablets in the same strengths, Cipla said. "The tablets are indicated for the treatment of major depressive disorder (MDD) and prevention of seasonal affective disorder (SAD)," it added. Wellbutrin XL tablets and generic equivalents had US sales of approximately USD 792 million for the 12 month period ending June 2016, according to IMS Health, Cipla said. Shares of Cipla were today trading at Rs 570.25 per scrip in the afternoon trade on BSE, up 0.54 percent from its previous close.
Tuesday, 30 August 2016
Home »
» Cipla gets USFDA nod for generic anti-depressant drug-:- Equity Research
Cipla gets USFDA nod for generic anti-depressant drug-:- Equity Research
03:38
Related Posts:
NPCI's Unified Payments Interface goes live-:- Equity Research National Payments Corporation of India (NPCI) today said the Unified Payments Interface (UPI) is live and currently available for customers of 21 banks. UPI is a payment solution which empowers a recipient to initiate the… Read More
Stalled payments relief likely for infrastructure cos: Sources-:- Equity Research In a big boost to infrastructure companies, NITI Aayog is preparing a Cabinet note for infra related ministries — road transport, urban development, petroleum — to ease arbitration norms and release stalled payments of in… Read More
MFs asset base from B15 cities up 19% to Rs 2 lakh cr-:- Equity Research Contribution of small towns -- known as beyond the top 15 cities (B15) -- to mutual funds' asset base in India has surged 19 percent to Rs 2.02 lakh crore in last fiscal. Mutual funds' assets under management (AUM) from B… Read More
Infosys says seeing client-specific softness after Brexit-:- Equity Research IT services provider Infosys is seeing some 'softness' in clients after Britain voted in June to leave the European Union, a top company executive said during an analyst meet on Friday. Infosys will be in a better posit… Read More
More US firms probing Welspun over alleged phony Egyptian cotton-:- Equity Research US retailer Bed Bath & Beyond said it ordered an external audit of textiles from Welspun India , after Target Corp last week accused the Indian manufacturer of passing off cheap sheets as premium Egyptian cotton for t… Read More
0 comments:
Post a Comment