Hot Pursuit     11-Mar-23
Zydus Life gets USFDA final approval for schizophrenia drug
Zydus Lifesciences announced that it has received final approval from the United States Food and Drug Administration (USFDA) to market Olanzapine orally disintegrating tablets.
Olanzapine Orally Disintegrating tablet is a reference listed drug of Zyprexa Zydis orally disintegrating tablets.

Olanzapine orally disintegrating tablets are used to treat certain mental/mood conditions such as schizophrenia and bipolar disorder. The drug may also be used in combination with other medication to treat depression. These tablets belong to a class of drugs called as atypical antipsychotics and work by helping to restore the balance of certain natural substances in the brain.

The drug will be manufactured at the group's formulation manufacturing facility in Moraiya, Ahmedabad, India.

According to IQVIA MAT December 2022, Olanzapine orally disintegrating tablets had annual sales of $28.3 million in the United States.

As of 31 December 2022, the group has 351 approvals and has so far filed over 440 ANDAs since the commencement of the filing process in FY 2003-04.

Zydus Lifesciences is a discovery-driven, global lifesciences company that discovers, develops, manufactures, and markets a broad range of healthcare therapies.

The company's consolidated net profit jumped 24.5% to Rs 622.90 crore on 17.9% rise in net sales to Rs 4,159.80 crore in Q3 FY23 over Q3 FY22.

The scrip rose 1.18% to end at Rs 474.50 on Friday, 10 March 2023.

Previous News
  Zydus enters into exclusive licensing and supply agreement with Viwit
 ( Corporate News - 13-Sep-24   21:09 )
  Zydus Lifesciences Ltd soars 1.83%, rises for third straight session
 ( Hot Pursuit - 08-Aug-24   13:05 )
  Zydus Lifesciences Ltd soars 1.52%, rises for fifth straight session
 ( Hot Pursuit - 11-Mar-24   13:00 )
  Zydus Life gets USFDA nod for Zituvimet XR tablets
 ( Hot Pursuit - 19-Jul-24   11:53 )
  Zydus receives USFDA approval for Zituvimet™ XR tablets
 ( Corporate News - 19-Jul-24   13:58 )
  Zydus Life’s Ahmedabad facility gets EIR from USFDA
 ( Hot Pursuit - 01-Oct-24   12:13 )
  Zydus Lifesciences to declare Quarterly Result
 ( Corporate News - 01-Aug-23   10:19 )
  Zydus Lifesciences consolidated net profit declines 25.36% in the March 2023 quarter
 ( Results - Announcements 18-May-23   14:49 )
  Zydus Life receives EIR from USFDA for Ahmedabad facility
 ( Hot Pursuit - 03-Jul-23   11:22 )
  Zydus Lifesciences Ltd spurts 1.09%, gains for five straight sessions
 ( Hot Pursuit - 09-Aug-23   13:00 )
  Zydus signs agreement to amend certain clauses of JVA with Bayer (South East Asia)
 ( Corporate News - 27-Jul-23   12:30 )
Other Stories
  KRN Heat Exchanger makes stellar debut
  03-Oct-24   10:31
  Maruti Suzuki total sales rises to 1,84,727 units in Sep’24
  03-Oct-24   10:12
  Metal shares gain
  03-Oct-24   10:00
  Basic materials shares gain
  03-Oct-24   10:00
  Telecom shares rise
  03-Oct-24   10:00
  JSW Steel Ltd Spikes 1.87%
  03-Oct-24   09:30
  Eicher Motors Ltd Falls 3.14%, BSE Auto index Drops 2.14%
  03-Oct-24   09:30
  Adani Ports records 14% YoY growth in Sept'24 cargo volumes
  03-Oct-24   09:29
  NMDC iron ore production rises YoY to 3.04 MT in Sept'24
  03-Oct-24   08:38
  Tata Motors total sales drop 11% YoY in Sept’24
  01-Oct-24   15:33
Back Top