Strides Shasun gets USFDA nod for kidney stone tablets

Updated: Tue, Sep 12, 2017
10:39 am
PTI
RELATED NEWS
Modi speech today: PM reveals 5-I formula to turn India into Aatmanirbhar Bharat Modi speech today: PM reveals 5-I formula to turn India into Aatmanirbhar Bharat
Will place draft e-commerce policy in public domain for comments soon: DPIIT Will place draft e-commerce policy in public domain for comments soon: DPIIT
Indian economy to emerge stronger in six months, say business leaders Indian economy to emerge stronger in six months, say business leaders

Strides Shasun today said it has received approval from the US health regulator for potassium citrate extended release tablets used to prevent certain types of kidney stones.

In a BSE filing, Strides Shasun said it has received approval from the United States Food and Drug Administration (US FDA) for potassium citrate extended release tablets USP 5 mEq, 10 mEq and 15 mEq.

Strides Shasun said it will be the second generic player to commercialise the product and will launch it immediately.

Citing IMS sales data, the company said the US market for the approved product is approximately USD 110 million.

The company's stock was trading 2.79 per cent higher at Rs 967.55 per scrip on BSE.

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.