Business Daily from THE HINDU group of publications Thursday, Jun 15, 2006 |
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Regulatory Bodies & Rulings Wockhardt drug gets tentative nod Our Bureau
Divalproex Sodium is the generic version of Abbott's Depakote DR tablets and the patent on the product expires on January 29, 2008. Wockhardt USA Inc, a subsidiary of the Mumbai-based drug-maker will launch the product on the first day of patent expiration in the US market, a note from the company said. The market for the product in the US is $802 million. The Wockhardt Chairman, Mr Habil Khorakiwala, said that the approval (when it comes) would be the company's third US FDA approval in three weeks and the fifth this year. Wockhardt has 20 more products awaiting US FDA approval, he said. Divalproex Sodium will be manufactured at Wockhardt's bulk-drug facility at Ankleshwar and the tablets will be manufactured at the formulation plant in Aurangabad, both certified by US FDA.
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