Cipla gets USFDA nod to market Lanreotide injection
The drugmaker said its product is indicated for the treatment of patients with acromegaly and gastroenteropancreatic neuroendocrine tumours.
)
01:05 PM IST
Drug major Cipla on Wednesday said it has received approval from the US health regulator to market a generic medication used to treat acromegaly and other conditions.
The company has received the final approval from the US Food and Drug Administration (USFDA) to market Lanreotide injection in multiple strengths, the Mumbai-based drug maker said in a statement.The company's Lanreotide Injection is therapeutic equivalent generic version of Somatuline Depot Injection, it added.
The drugmaker said its product is indicated for the treatment of patients with acromegaly and gastroenteropancreatic neuroendocrine tumours.
According to IQVIA (IMS Health), Somatuline Depot had sales of around USD 898 million in the US for the 12-month period ending March 2024.
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.
RECOMMENDED STORIES
)
Rs 9,00,000 One-time Investment in Mutual Funds: How many years will it take to create a Rs 1,00,00,000, Rs 3,00,00,000 and Rs 8,00,00,000 corpuses? Check calculations
)
Monthly Gains From One-time Investment: How Rs 17,49,999 mutual fund investment can generate Rs 3,05,000 monthly income for 30 years
)
UPS vs NPS Rs 16 cr Corpus Calculations: Age 26, basic pay Rs 40,000? Which scheme can give you Rs 16 cr retirement fund, Rs 2.50 lakh+ pension at 60
)
8th Pay Commission DA Calculations: How 2.57 fitment factor may impact Level 3-13 central govt employees' basic pay, dearness allowance
)
450-day BOI vs 444-day BoB Special FD Rates: Know what senior citizens and others can get on Rs 10,00,000, Rs 20,00,000, and Rs 30,00,000 deposits
)
444-Day Special FDs: SBI, BoB, IOB & Indian Bank—Which fixed deposit scheme offers highest return on your Rs 6.25 lakh or Rs 7.25 lakh investment
)
Top 5 Smallcap Mutual Funds with Highest SIP Returns: Rs 15,000 monthly investment in No. 1 fund has grown to Rs 20.17 lakh in just 5 years
)
8th Pay Commission Indian Army Salary Hike Projections: Sepoy to Subedar Major to Brigadier revised basic pay estimates vs 7th CPC
)
8th Pay Commission vs 7th CPC: IAS, IPS, IFS, IRS projected salary hike calculations at 2.08 and 2.57 fitment factors; see estimates
)
Top 7 Mutual Funds With up to 25% Return in 3 Months: Top-performing fund has turned Rs 99,999 one-time investment into Rs 1,06,134
01:05 PM IST