Dr Reddy's launches medication to treat chronic constipation
Dr Reddy's Laboratories has launched BixiBat, a new drug for chronic constipation in India. It is the first company to receive approval from the CDSCO for Elobixibat. The drug works by increasing bile acid concentration in the colon, promoting bow...
The launch follows approval granted to the company by the Central Drugs Standard Control Organisation (CDSCO), it added.
Dr Reddy's is the first company to receive approval for and launch such a drug (Elobixibat) in India.
Elobixibat acts by inhibiting the reabsorption of bile acids from the ileum, thus increasing their concentration in the colonic lumen, leading to increased bowel movements due to stimulation of both colonic motility and fluid secretion irrespective of the transit speed.
"The launch of this first-in-class drug is the latest in our continued efforts to bring novel molecules to patients in India," Dr Reddy's CEO Branded Markets (India and Emerging Markets) MV Ramana said.
The clinical studies for BixiBat have demonstrated significantly better and promising outcomes, making it a breakthrough drug in the management of chronic constipation and enhancing the current standard of care for its treatment in India, he added.
Shares of the company ended 0.84 per cent up at Rs 1,313.80 apiece on the BSE.
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