The company plans to launch the product by the end of this fiscal.
"The company has received final approval from the US Food & Drug Administration (USFDA) to manufacture and market Tranexamic acid injection, (100 mg/mL) 1000 mg/10 mL single-dose vial," Aurobindo Pharma said in a statement.
The approved abbreviated new drug application (ANDA) is generic version of Pharmacia and Upjohn Company's Cyklokapron injection in the strength of 100 mg/mL, it added.
"The approved product has an estimated market size of USD 50 million for the twelve months ending November 2015, according to IMS," it said.
Hemophilia is a group of hereditary genetic disorders that impairs the body's ability to control blood clotting, which is used to stop bleeding when a blood vessel is broken.
Aurobindo Pharma currently has a total of 232 ANDA approvals (201 final approvals including 10 from Aurolife Pharma LLC and 31 tentative approvals) from USFDA.
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