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

Dr Reddy's launches schizophrenia drug in the US market

Aripiprazole is a therapeutic equivalent generic version of Ablify tablets in the US market

Dr Reddy's Q1 net down 76% at Rs 154 cr
BS Reporter Hyderabad
Last Updated : Oct 13 2016 | 3:45 PM IST

Dr Reddy's Laboratories Limited announced today that it has launched Aripiprazole tablets in 2 mg, 5 mg, 10 mg, and 30 mg, a therapeutic equivalent generic version of Ablify tablets in the US market following the approval from the US Food and Drug Administration (USFDA).

This anti-psychotic drug is mainly used to treat patients with schizophrenia and bipolar disorder.

This is a significant launch for Dr Reddy's as the Abilify brand and generic tablets had US sales of approximately $3.1 billion for the most recent twelve months ending in August 2016, according to IMS Health data.

Abilify is a registered trademark of Otsuka Pharmaceutical Company, Japan.

 

 

Also Read

First Published: Oct 13 2016 | 3:20 PM IST

Next Story