Comments
Pharmaceutical company Strides Shasun today said its wholly-owned subsidiary has received approval from the US health regulator for tenofovir disoproxil fumarate tablets, used to treat HIV-1 infections in adults.
In a BSE filing, it said Strides Pharma Global Pte. has received approval from the United States Food and Drug Administration (USFDA) for tenofovir disoproxil fumarate tablets, 300 mg. The approved product is a generic version of Gilead’s Viread tablets, for which patent expired on January 25.
Strides Shasun, which already had tentative approval for the product from the USFDA, said it will launch the product immediately. Citing IMS sales data, the company said the US market for tenofovir disoproxil fumarate tablets is approximately $750 million. The company’s stock was trading 1.90 per cent higher at Rs 806 on BSE.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.