"United States Food and Drug Administration (USFDA) has endorsed company's plan to initiate a phase II clinical trial of Saroglitazar in patients with severe hypertriglyceridemia," Zydus Cadila said in a statement.
This 12-week trial will evaluate three doses of Saroglitazar in the strengths of 1 mg, 2 mg and 4 mg versus placebo, it added.
"The primary endpoint of the study is percent change in triglycerides from baseline after 12 weeks of dosing," Zydus Cadila said.
Zydus is committed to developing Lipaglyn (Saroglitazar) for millions of patients living with severe hyper- triglyceridemia and fatty liver diseases, he added.
The company has received marketing approval in India for Lipaglyn from the Drug Controller General of India for treating hypertriglyceridemia and diabetic dyslipidemia in patients with type II diabetes and launched it in the country in September 2013.
Shares of Cadila Healthcare, a listed entity of Zydus Group, were trading at Rs 408 per scrip, down 1.19 per cent, on the BSE.