The company has received final approval from the United States Food and Drug Administration (US FDA) to market Desmopressin nasal spray solution USP, 10 mcg/0.1 mL per spray, 5 ml bottle, Zydus Cadila said in a statement.
The product will be manufactured at the group's formulations manufacturing facility at Moraiya in Ahmedabad, it added.
The nasal spray is indicated as an anti-diuretic replacement therapy in the management of central diabetes insipidus, excessive urination and drinking excessive amounts of fluids following head trauma or surgery in the pituitary region and nocturia, Zydus Cadila said.
Shares of Cadila Healthcare, the listed entity of the group, closed 3.88 per cent higher at Rs 492.80 per scrip on BSE today.