Hot Pursuit     14-Mar-24
Zydus Life gains after receiving USFDA nod for Chlorpromazine Hydrochloride Injection
Zydus Lifesciences added 2.36% to Rs 991.55 after the company has received final approval from the United States Food and Drug Administration (USFDA) to manufacture and market Chlorpromazine Hydrochloride Injection.
The said drug is equivalent to the reference listed drug (RLD), Thorazine Injection. Chlorpromazine Hydrochloride Injection is used to treat certain mental/mood disorders (such as schizophrenia, psychotic disorders, manic phase of bipolar disorder, severe behavioral problems in children). It is also used to control nausea/vomiting, relieve prolonged hiccups, relieve restlessness/anxiety before surgery, treat a certain liver problem (porphyria), and help treat tetanus.

The drug will be manufactured at the group’s injectable manufacturing facility at Jarod, near Vadodara, Gujarat (India).

Chlorpromazine Hydrochloride Injection had annual sales of $ 12.5 million in the United States (IQVIA MAT Jan24).

Meanwhile, the company has received tentative approval from the USFDA to manufacture and market Edaravone Injection.

The said drug is equivalent to reference listed drug, Radicava. Edaravone is used to treat a certain type of nerve disease called amyotrophic lateral sclerosis (ALS, also commonly called Lou Gehrig's disease). The drug will be manufactured at the group’s injectable manufacturing facility at Jarod, near Vadodara (India).

Edaravone Injection had annual sales of $ 19 million in the United States (IQVIA MAT Jan-24).

The group now has 391 approvals and as of 31 December 2023 the firm 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
  Indices trade with moderate losses; PSU bank shares decline
 ( Market Commentary - Mid-Session 23-Jul-24   14:31 )
  Zydus receives USFDA approval for Valsartan Tablets
 ( Corporate News - 23-Jul-24   15:20 )
  Zydus Life gets final approval from USFDA for cancer drug
 ( Hot Pursuit - 28-Sep-24   14:42 )
  Zydus Life rises on USFDA nod for heart failure drug
 ( Hot Pursuit - 10-Jul-24   15:36 )
  Zydus Lifesciences receives USFDA tentative approval for Diroximel Fumarate Delayed-Release Capsules
 ( Corporate News - 10-Jul-24   16:03 )
  Zydus receives USFDA approval for Theophylline ER Tablets
 ( Corporate News - 22-May-24   12:57 )
  Zydus Lifesciences consolidated net profit rises 53.24% in the September 2023 quarter
 ( Results - Announcements 07-Nov-23   12:50 )
  Zydus Life gets final approval from USFDA for hypertension drug
 ( Hot Pursuit - 23-Jul-24   12:10 )
  Zydus receives USFDA approval for Sacubitril and Valsartan Tablets
 ( Corporate News - 10-Jul-24   16:12 )
  Zydus Lifesciences Ltd Slides 1.88%
 ( Hot Pursuit - 18-Jun-24   09:30 )
  Zydus Life gains on USFDA nod for phase 2 clinical trial of ZYIL1
 ( Hot Pursuit - 18-Dec-23   09:22 )
Other Stories
  Avantel Q2 PAT jumps 42% YoY to Rs 23 cr
  05-Oct-24   17:03
  Equitas SFB total deposits jump 29% YoY in Q2 FY25
  05-Oct-24   16:28
  Ujjivan SFB total deposits rises 17% in Q2 FY25
  05-Oct-24   15:34
  L&T Finance retail disbursements jump 12% YoY in Q2 FY25
  05-Oct-24   14:31
  Bandhan Bank records over 21% YoY jump in loan book during Q2 FY25; deposits at Rs 1.42 lakh crore
  05-Oct-24   13:32
  Lupin's Pune-based biotech facility gets 5 observations from US FDA
  05-Oct-24   13:20
  Macrotech Developers pre-sales jumps 21% YoY in Q2 FY25
  05-Oct-24   09:04
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
Back Top