Dr. Reddys Laboratories Ltd has announced the launch of Fosaprepitant for injection, the therapeutic generic equivalent of Emend, in the US market.
Fosaprepitant is used with other medications to help prevent nausea and vomiting caused by chemotherapy.
The launch follows the approval by the US Food and Drug Administration (USFDA), a press release said on Wednesday.
"We are pleased to be among the first generics to launch this product. This is a great addition to our injection portfolio in the US market as we continue to augment our product offering and drive growth for the hospital segment," chief executive officer of North America Generics Marc Kikuchi was quoted as saying in the release.
The Emend for injection had sales of approximately USD 279 million MAT (moving annual total) in the US during 12 months ending July 2019, the release said quoting market report.
Dr. Reddys Fosaprepitant for injection is available in 150 mg single-dose vial for reconstitution.
Emend is a trademark of Merck Sharp & Dohme Corp, the release added.
Dr. Reddys shares closed at Rs 2,760 apiece on the BSE up by 0.42 per cent over previous close.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
