 "Panacea Biotec zooms 18% on USFDA approval for migraine drug")
Panacea Biotec has zoomed 18% to Rs 149, also its 52-week high on the National Stock Exchange (NSE) in noon deal after the pharmaceutical company announced that it has receive the US regulator’s approval for making a migraine drug.
“The US Food and Drug Administration (USFDA) has granted approval for the company’s Abbreviated New Drug Application (ANDA) to market a generic version of Rizatriptan Benzoate tablet, orally disintegrating 5 mg and 10 mg,” Panacea Biotec said in a release.
Rizatriptan Benzoate is a serotonin (5-HT) 1B/1D receptor against (triptan) indicated for the acute treatment of migraine in adults
“The US Food and Drug Administration (USFDA) has granted approval for the company’s Abbreviated New Drug Application (ANDA) to market a generic version of Rizatriptan Benzoate tablet, orally disintegrating 5 mg and 10 mg,” Panacea Biotec said in a release.
Rizatriptan Benzoate is a serotonin (5-HT) 1B/1D receptor against (triptan) indicated for the acute treatment of migraine in adults
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