New Delhi, Feb 21 (PTI) Drug firm Lupin today said it has received final nod from the US health regulator to market its Oseltamivir Phosphate for oral suspension used for treatment of acute influenza in America. Also Read - 'Another Phase of Greatest Witch Hunt', Says Donald Trump After US Senate Acquits Him in Historic Impeachment Trial
The company has received final approval to market its generic Oseltamivir Phosphate for oral suspension from the United States Food and Drug Administration (USFDA), Lupin said in a filing to BSE. Also Read - US Court Seeks Status Report On Visas To Family Members Of H1-B Holders
The company’s product is a generic version of Hoffman-La Roche Inc’s Tamiflu for oral suspension, 6 mg/mL, it added. Also Read - The Weeknd Performs Live At Super Bowl Halftime Show, Fans Share His Then-And-Now Photos
Lupin shall commence promoting the product shortly, it added.
As per IQVIA MAT October 2017 data, Oseltamivir Phosphate for oral suspension, 6 mg (base)/mL had annual sales of approximately USD 358 million in the US, Lupin said.
The product is “indicated for the treatment of acute, uncomplicated influenza A and B in patients 2 weeks of age and older who have been symptomatic for no more than 48 hours and prophylaxis of influenza A and B in patients 1 year and older, ” it added.
Shares of Lupin were today trading at Rs 813.50 per scrip in the afternoon trade on BSE, down 0.28 per cent from its previous close.
This is published unedited from the PTI feed.