Hot Pursuit     18-Mar-24
Zydus Life gains on USFDA nod for prostatic hyperplasia drug
Zydus Lifesciences rose 1.03% to Rs 994 after the company announced that it has received final approval from the United States Food and Drug Administration (USFDA) to market Finasteride and Tadalafil capsules USP.

“Zydus is the first approved applicant for Finasteride and Tadalafil capsules, 5 mg/5 mg, as defined in section 505(j)(5)(B)(v)(III) of the FD&C Act and therefore is eligible for 180 days of CGT exclusivity,” said the firm.

The said drug is used to treat benign prostatic hyperplasia and it is equivalent to reference listed drug, ENTADFI.

The drug will be manufactured at the group’s formulation manufacturing facility at Ahmedabad SEZ II, India.

The group now has 392 approvals and has so far filed over 460 abbreviated new drug applications (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 pharmaceutical company reported 26.76% increase in consolidated net profit of Rs 789.6 crore on 5.83% rise in revenue from operations to Rs 4,343.70 crore in Q3 FY24 over Q3 FY23.

Previous News
  Zydus Lifesciences Ltd drops for fifth straight session
 ( Hot Pursuit - 27-Jun-24   13:35 )
  Zydus partners with Lupin to market Saroglitazar Mg in India
 ( Corporate News - 03-Nov-23   14:46 )
  Zydus Lifesciences Ltd soars 1.52%, rises for fifth straight session
 ( Hot Pursuit - 11-Mar-24   13:00 )
  Zydus Life gets USFDA nod for Sugammadex injection
 ( Hot Pursuit - 06-Oct-23   14:57 )
  Zydus Lifesciences Ltd spurts 7.01%, up for third straight session
 ( Hot Pursuit - 12-Feb-24   13:05 )
  Zydus Life receives EIR from USFDA for Ahmedabad facility
 ( Hot Pursuit - 03-Jul-23   11:22 )
  Zydus Lifesciences standalone net profit rises 98.74% in the March 2023 quarter
 ( Results - Announcements 18-May-23   14:13 )
  Zydus Life slides as Q4 PAT drops 27% YoY to Rs 299 cr
 ( Hot Pursuit - 18-May-23   15:14 )
  Zydus receives USFDA approval for Diclofenac Sodium and Misoprostol Delayed Release Tablets
 ( Corporate News - 13-Jun-23   15:11 )
  Zydus Life gains on USFDA nod to market arthritis drug
 ( Hot Pursuit - 13-Jun-23   14:47 )
  Sensex down 415 pts; bank shares slides; VIX rises 2.3%
 ( Market Commentary - Mid-Session 05-May-23   12:36 )
Other Stories
  Eicher Motors CV sales rises 11% YoY in June’24
  01-Jul-24   15:39
  Atul Auto hits record high as sales double to 2,628 units in Jun’24
  01-Jul-24   15:29
  Ashok Leyland slides as total sales slips 2% YoY in June'24
  01-Jul-24   15:16
  Reliance Infrastructure Ltd leads losers in 'A' group
  01-Jul-24   15:00
  Oriental Carbon & Chemicals Ltd leads losers in 'B' group
  01-Jul-24   14:45
  Rane Holdings hits life high on plan to acquire 51% stake in JV
  01-Jul-24   14:45
  Maruti Suzuki rises as total sales jumps 12% YoY in Jun’24
  01-Jul-24   14:37
  Volumes jump at Emami Ltd counter
  01-Jul-24   14:30
  Karur Vysya Bank advances climb 16% YoY in Jun'24
  01-Jul-24   14:14
  SML Isuzu jumps as June sales surges 38% YoY
  01-Jul-24   14:13
Back Top