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Drug firm Wockhardt has received approval from the US health regulator for generic Olopatadine HCl eye drops used for the treatment of opthalmic allergies.
The company has received final approval from the United States Food and Drug Administration (USFDA) for Olopatadine HCl 0.1 per cent opthalmic solution, Wockhardt said in a BSE filing today.
The product is a generic version of Patanol, which is marketed in the US by Alcon, a subsidiary of pharma major Novartis, it added.
The product will be manufactured at a USFDA approved contract manufacturing organisation based in Montreal, Canada, Wockhardt said.
Shares of Wockhardt today closed 0.18 per cent higher at Rs 605.05 per scrip on BSE.
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