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
  Zydus Life hits record high on USFDA nod for chest pain prevention drug
 ( Hot Pursuit - 16-Feb-24   16:53 )
  Zydus and Dr Reddy's ink licensing agreement to co-market Pertuzumab in India
 ( Corporate News - 28-Jun-24   19:04 )
  Zydus Lifesciences receives USFDA approval for Isosorbide Mononitrate ER Tablets
 ( Corporate News - 16-Feb-24   14:31 )
  Zydus Lifesciences Ltd soars 0.37%, rises for fifth straight session
 ( Hot Pursuit - 14-Feb-24   13:00 )
  Zydus Lifesciences receives EIR for injectables manufacturing facility
 ( Corporate News - 13-Sep-23   13:54 )
  Zydus Life rises after receiving EIR report for Ahmedabad-based facility from US FDA
 ( Hot Pursuit - 13-Sep-23   13:47 )
  Zydus Life incorporates wholly owned subsidiary in Canada
 ( Hot Pursuit - 08-Sep-23   14:39 )
  Zydus Lifesciences incorporates wholly owned subsidiary in Canada
 ( Corporate News - 08-Sep-23   14:16 )
  Zydus Lifesciences receives USFDA approval for Ivabradine Tablets
 ( Corporate News - 01-Dec-23   12:32 )
  Zydus Life inks exclusive licensing & supply agreement for Palbociclib Tablets with Synthon
 ( Hot Pursuit - 19-Jan-24   09:46 )
  Zydus enters into licensing and supply agreement with Synthon BV for Palbociclib Tablets
 ( Corporate News - 19-Jan-24   09:15 )
Other Stories
  Sanstar gains on debut
  26-Jul-24   10:16
  Telecom shares rise
  26-Jul-24   10:00
  Metal shares rise
  26-Jul-24   10:00
  Real Estate shares gain
  26-Jul-24   10:00
  Sun Pharma gets US FDA nod for alopecia areata treatment drug LEQSELVI
  26-Jul-24   09:42
  SJVN Ltd Surges 11.53%, BSE Utilities index Gains 1.22%
  26-Jul-24   09:30
  Federal Bank Ltd Slides 5.11%
  26-Jul-24   09:30
  Magadh Sugar CFO Sudershan Bajaj resigns
  26-Jul-24   08:51
  Adani Green Energy jumps after Q1 PAT soars 95% YoY to Rs 629 cr
  25-Jul-24   16:59
  Westlife Food declines as PAT drops 89% YoY in Q1 FY25
  25-Jul-24   16:50
Back Top