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Corporate
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Announcements
USFDA nod for Ranbaxy drug
New Delhi, Dec. 31
Ranbaxy Laboratories has bagged final approval from
the US Food and Drug Administration to
manufacture and market Cetrizine Hydrochloride tablets
of 5 mg and 10 mg. According to a company statement, the
USFDA has
determined the
formulation to be
bio-equivalent and
have the same
therapeutic effect as
that of the reference
listed drug Zyrtec
allergy tablets and
Zyrtec hives relief
tablets by Pfizer
Pharmaceuticals Inc.
The total annual sale
of Cetirizine Hydrochloride tablets, as a prescriptiononly
product, was $1.3 billion, according to the IMSMAT,
September 2007 data. Cetirizine Hydrochloride is
indicated for temporary relief of runny nose, sneezing,
itching of the nose or throat, and itchy, watery eyes due to
hay fever or other upper respiratory allergies. "We are
pleased to receive this final approval for Cetirizine
Hydrochloride tablets. This OTC product formulation
further expands our portfolio of affordable generic
alternatives, and will be launched immediately to all
classes of trade," said Mr Jim Meehan, Vice President
(sales and distribution), Ohm Laboratories Inc, a wholly
owned subsidiary of Ranbaxy. - Our Bureau
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