Hot Pursuit     22-Apr-24
Zydus Life edges higher after launching OAB treatment drug Mirabegron in US
Zydus Lifesciences rose 2.80% to Rs 948 after the company announced the launch launch of Mirabegron Extended-Release Tablets in the US market, following the receipt of final approval from the United States Food and Drug Administration for the same.

Mirabegron Extended-Release Tablets is a generic version of US reference listed drug (USRLD) Myrbetriq Extended-Release Tablets of Astellas Pharma US, Inc.

"Zydus is among the first suppliers to launch the generic version of Mirabegron Extended-Release Tablets, USP 25 mg in the US market and is prepared to launch Mirabegron Extended-Release Tablets, 50mg imminently,” the Zydus said.

Mirabegron is indicated for the treatment of overactive bladder (OAB) with symptoms of urge urinary incontinence, urgency and urinary frequency. The drug will be manufactured at the group’s formulation manufacturing facility in Ahmedabad SEZ, India.

Dr. Punit Patel, CEO Americas, said: "As one of the first suppliers, we are pleased with the launch of generic Mirabegron which will improve access and availability of the generic product for patients in the US market. This is a significant launch for us which will strengthen our growth plans in US market in the current fiscal.”

Mirabegron Extended-Release Tablets USP 25mg and 50mg had annual sales of $2.42 billion in the US (IQVIA MAT February 2024).

The Zydus Group now has 393 approvals and has so far filed over 460 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
  Volumes spurt at Zydus Lifesciences Ltd counter
 ( Hot Pursuit - 18-Dec-23   11:00 )
  Zydus enters into licensing and supply agreement with MSN Laboaratories
 ( Corporate News - 17-May-24   09:07 )
  Zydus Life gains on USFDA nod for phase 2 clinical trial of ZYIL1
 ( Hot Pursuit - 18-Dec-23   09:22 )
  Zydus Life’s Gujarat facility gets OAI status from USFDA
 ( Hot Pursuit - 17-Jun-24   08:58 )
  Zydus receives USFDA approval for Sugammadex Injection
 ( Corporate News - 06-Oct-23   14:57 )
  Zydus Lifesciences receives USFDA approval for Lacosamide Tablets
 ( Corporate News - 16-Dec-23   11:43 )
  Zydus Life gets USFDA nod for Sugammadex injection
 ( Hot Pursuit - 06-Oct-23   14:57 )
  Zydus Life gets US FDA nod for seizure treatment drug Lacosamide
 ( Hot Pursuit - 16-Dec-23   15:37 )
  Zydus Lifesciences receives USFDA approval for Dapsone Gel 7.5%
 ( Corporate News - 09-May-24   12:36 )
  Zydus' unit at Pharmex, Ahmedabad receives EIR from USFDA
 ( Corporate News - 03-Jul-23   12:19 )
  Zydus Life gets USFDA nod for Erythromycin tablets
 ( Hot Pursuit - 10-Mar-23   09:18 )
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