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BUSINESS
The drug falls in the anti-diabetes segment and the group's formulations manufacturing site at Baddi will be producing the drug for the US market, Cadila Healthcare said.
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Updated : Mar 21, 2018, 04:23 AM IST
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Drug firm Zydus Cadila has received a final nod from the US health regulator to sell anti-diabetics Glyburide and Metformin Hcl tablets in the American market.
"Zydus Cadila has received the final approval from the United States Food and Drug Administration (USFDA) to market Glyburide and Metformin Hcl tablets USP in strengths of 1.25/250, 2.5/500 and 5/500 mg," Cadila Healthcare said in a BSE filing.
The drug falls in the anti-diabetes segment and the group's formulations manufacturing site at Baddi will be producing the drug for the US market, it added.
"The group now has 103 approvals and has so far filed over 280 abbreviated new drug applications (ANDAs) since the commencement of the filing process in FY 2003-04," Cadila Healthcare said.
At 1514, the shares of Cadila Healthcare were trading up 3.27% or Rs 10.30 at Rs 325.10 per scrip on the BSE.
