Pharma majors Ranbaxy and Aurobindo Pharma today said that they have received final approval from the US Food and Drug Administration(USFDA) to manufacture and market Sumatripan Succinate.

While Ranbaxy got approval for 25 and 50 mg varients of the drug, Aurobindo got the approval for 100 mg tablets apart from 25 and 50 mg tablets.

Also Read   Related Stories News Now - Ranbaxy Malaysia launches one-day generic Losartan K 50mg and 100mg tablet - Ranbaxy to set up drug making unit - Daiichi Sankyo posts Q1 loss of 6.43 bn yen - Lunch with BS: Malvinder Mohan Singh - HC rejects plea seeking to quash Sebi Zenotech order - Ranbaxy's Q2 net soars 30-fold

Also Read   Related Stories News Now - Markets languish as heavyweights drag - Silver futures down 0.5% on global cues, weak spot demand - Gold futures down on global cues, sluggish spot demand - Manmohan govt must seek fresh mandate: Sharad Yadav - Nickel gains 0.31% as demand picks up More

The drug is used in the treatment of migraine in adults. Ranbaxy shares were trading at Rs 275.25, nearly 14.25 per cent higher than Monday's close. Aurobindo stock was trading at Rs 615.05, nearly 3.35 per cent down from Monday's close.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets languish as heavyweights drag - Silver futures down 0.5% on global cues, weak spot demand - Gold futures down on global cues, sluggish spot demand - Manmohan govt must seek fresh mandate: Sharad Yadav - Nickel gains 0.31% as demand picks up

Tags : Ranbaxy | pharma major | aurobindo pharma | USFDA | generic drugs | migraine | GlaxoSmithkilne   Read Business news in  Advertisements -  India's no. 1 Property Site. Click here to know more -  "Discover The Power of One" -  Help a Child Achieve her. Click to know more -  The Best Seller is Also the No. 1 in Mileage. Click here -  Watch The Film Here. Click here to know more.. -  Learn How One City is Running on FOOD SCRAPS. -  1 billion in saving for Unilever without any tangles. -  A Brand New Server at a Price That Fits Your Budget. Click here -  One Partnership Endless Possibilities. Click here to know more -  Helping doctors detect diseases earlier, saving costs & extending lives. -  Which is the best plan for your daughter -  Check out the TRUE COLOURS of your Stocks, Now for FREE! -  One of the leading business schools in the world.Know More -  2 Lac Apartments, 1 Lac House / Plots. Click here