Business Daily from THE HINDU group of publications
Thursday, Jun 15, 2006


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Corporate - Regulatory Bodies & Rulings


Wockhardt drug gets tentative nod

Our Bureau

Mumbai, June 14

Wockhardt Ltd has received tentative approval from the United States Food and Drug Administration (USFDA) to sell anti-epileptic drug Divalproex Sodium delayed release tablets in the US.

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.

More Stories on : Regulatory Bodies & Rulings | Pharmaceuticals | Health

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Suzuki Motor Corp to use India as export hub


HC fixes June 21 for hearing of appeal by Lodha
Nod for Vivimed $75-m global offer
HZL bags `Golden Peacock' award
India Inc most optimistic on hiring, says survey
Carborundum to take 49 pc stake in Chinese co
Italcementi to invest Rs 800 cr
Natural gas to RNRL: Details sought from RIL
Wockhardt drug gets tentative nod
Ciba Specialty, Virchow Group to form joint venture
L&T inks jt venture agreement in Kuwait
S.P. Apparels chalks out Rs 150-cr capex plan
Regency Ceramics pins hopes on gas in K-G basin
Focus on local manpower in Assam Gas Cracker project
Pratibha Syntex to raise Rs 350 cr for expansion


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line