 "Aurobindo Pharma gets USFDA nod for anti-diabetes tablets")
The product is ready for launch, it said. The Repaglinide is a generic equivalent of Novo Nordisk Inc's Prandin tables, which are indicated as an adjunct to diet and exercise to improve glycemic control in adults with Type 2 diabetes, according to a company press release.
The market size of the product is estimated to be $274 million for the twelve months ending November 2013, it said.
Shares of Aurobindo Pharma were trading at Rs 433 per scrip in the afternoon trade, down 0.74% from previous close, on the BSE.
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