Zydus gets USFDA nod for generic medication
Zydus Lifesciences announced that it has obtained approval from the USFDA to sell a generic medication for the treatment of postherpetic neuralgia. The company has received the final nod from the US Food and Drug Administration (USFDA) to produce ...
The drug maker is the first company to receive final approval for generic Gabapentin tablets (300 mg and 600 mg), it added.
The product will be launched immediately in the US market, the drug firm stated.
As per IQVIA data, the product had an annual sales of USD 85 million in the US. Shares of Zydus were trading 2.27 per cent down at Rs 735.30 apiece on the BSE.
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