Aurobindo gets USFDA's tentative nod for crestor

Image
Press Trust of India Mumbai
Last Updated : Jan 21 2013 | 2:54 AM IST

Aurobindo Pharma today said it has received tentative approval of the US Food and Drug Administration (FDA) for the generic version of Crestor tablets used in the cardiovascular therapeutic area.

The company has received the approval for Rosuvastatin tablets, which is generic version of US-based pharmaceutical firm IPR Inc, in 5mg, 10mg, 20mg and 40 mg strength, Aurobindo Pharma said in a filing to the Bombay Stock Exchange (BSE).

The company said it has filed the abbreviated new drug application (ANDA) with FDA with Paragraph IV certification with first to file status.

Paragraph IV certification with first to file status, gives generic firm an opportunity to launch the drug in the US with a exclusive marketing rights of up to 180 days.

The company is currently facing litigation related to its drug application in the US District Court of Dilaware alleging patent infringements.

The total market for the drug in the US is around $2.9 billion, according to market research firm Newport, the company said.

With this, the total number of ANDA approvals with Aurobindo has gone up to 116, including 86 final approvals and 30 tentative approvals.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 13 2010 | 5:30 PM IST

Next Story