Lupin on Monday informed the exchanges that it has received tentative approval for its Lurasidone Hydrochloride tablets from the US Food and Drug Administration to market the generic version of Sunovion Pharmaceuticals’ Latuda tablets.

The medicine is for the treatment of adults with schizophrenia; monotherapy treatment of adults with major depressive episodes associated with bipolar I disorder (bipolar depression); and adjunctive treatment with lithium or valproate in adult patients with major depressive episodes associated with bipolar I disorder.

Lurasidone Hydrochloride tablets had annual sales of approximately $3116 million in the US. Shares of Lupin closed at ₹880.45, up 4.15 per cent.

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