Ranbaxy gets nod to launch ulcer generic drug in US
Ranbaxy Laboratories has received the final approval from the USFDA to make and sell the generic version of Sciele Pharma’s peptic ulcer tablet Robinul for 1 mg and 2 mg dosages.
The annual market sales of Robinul is $26 million in the US, Ranbaxy said in a statement. Ranbaxy, now owned by Japan���s Daiichi Sankyo, plans to launch the tablet during the December quarter.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.