NDTV Profit

Dr Reddy's Laboratories Launches Anti-Bacterial Infection Drug In US

Government owns majority stakes in 21 banks and merger of some of them is being considered for broader economic revival.
EMAIL
COMMENTS
Dr Reddy's Laboratories  has launched Cefixime for oral suspension in the US market
Dr Reddy's Laboratories has launched Cefixime for oral suspension in the US market
New Delhi: Drug firm Dr Reddy's Laboratories on Monday said it has launched Cefixime for oral suspension, used for treatment of bacterial infections, in the American market. The company has launched Cefixime for oral suspension, USP in the strengths of 100 mg/5mL and 200 mg/5mL, after getting approval from the United States Food and Drug Administration (FDA), Dr Reddy's Laboratories said in a filing to the Bombay Stock Exchange (BSE). The product is a generic version of Astellas Pharma Inc's Suprax for oral suspension, it added.

The Suprax brand and generic had US sales of around $50.5 million MAT for the most recent 12 months ending in June 2017 according to IMS Health, Dr Reddy's said.

At 2:35 pm, shares in Dr Reddy's Laboratories were trading 1.68 per cent lower at Rs 2,052.80 apiece on the BSE, whose benchmark Sensex index was up 0.49 per cent.

For latest news on Business, like us on Facebook and follow us on Twitter.
ALSO READ 11 Days To Go Before Telcos Roll Out Aadhaar-Sim Linking Via OTP

Advertisement

Advertisement

GAINERS / LOSERS