Zydus Cadila gets USFDFA nod to market anti-ulcer capsules

Product estimated sales of $501 million in 2012 as per the IMS Health data

Press Trust of India New Delhi
Last Updated : Aug 21 2013 | 1:29 PM IST
Cadila Healthcare today said Zydus Cadila has received final approval from the US health regulator to market Lansoprazole capsules used for treating ulcers and other conditions involving excessive stomach acid.

"Zydus Cadila has received the final approval from the United States Food and Drug Administration (USFDA) to market Lansoprazole delayed release (DR) Capsules in different strengths of 15 mg and 30 mg," Cadila Healthcare said in a filing to BSE.

The product had estimated sales of $501 million in 2012 as per the IMS Health data, it added.

Also Read

"The group now has 81 approvals and has so far filed 186 abbreviated new drug applications (ANDAs) since the commencement of filing process in FY 2003-2004," Cadila Healthcare said.

Ahmedabad based firm has global operations spread across USA, Europe, Japan, Brazil, South Africa and 25 other emerging markets.

Shares of Cadila Healthcare were today trading at Rs 654.50 per scrip in the afternoon trade on BSE, up 1.32% from its previous close.
*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: Aug 21 2013 | 1:23 PM IST

Next Story