The company has received approval from the United States Food & Drug Administration (USFDA) for Calcitriol softgel capsules in the strengths of 0.25mcg and 0.5mcg, Strides Arcolab said in a statement.
"According to IMS data, the US market for generic Calcitriol softgel capsules is approximately $50 million, with only three players having approval for both the strengths of Calcitriol," it added.
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"Calcitriol is a Vitamin D capsule, used in patients with kidney disease who can't make enough of the active form of Vitamin D... It is usually used along with specific diet recommendations and sometimes other medications," it added.
Strides Arcolab scrip closed at Rs 888.75, down 3.57%, on the BSE.
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