Don’t miss the latest developments in business and finance.

Aurobindo gets USFDA approval for two tablets

The drugs, used in the treatment of HIV, generate $265 million a year in sales

Image
BS Reporter
Last Updated : Jan 21 2013 | 4:10 AM IST

Hyderabad-based pharmaceutical company Aurobindo Pharma limited (APL) on Wednesday stated that it has received final approval from the US Food & Drug Administration (USFDA) to manufacture and market Lamivudine and Zidovudine tablets.

According to APL, the tablets, which are ready for launch, are the generic equivalent of ViiV Healthcare Company's Combivir tablets and are indicated as part of antiretroviral combination therapy for the treatment of Human Immunodeficiency Virus (HIV) infected persons. The annual sale of the product is approximately $265 million.

APL currently has a total of 150 abbreviated new drug applications approved by the USFDA. 

The company's scrip was currently trading at Rs 104 on BSE, down 2.12% over the previous day's close of Rs 106.25.

Also Read

First Published: May 16 2012 | 2:11 PM IST

Next Story