Friday, Mar 29 2024 | Time 12:07 Hrs(IST)
image
Business Economy


Dr Reddy announces launch of EMD Release capsules in US market

Dr Reddy announces launch of  EMD Release capsules in US market

Hyderabad, Jul 20 (UNI) Dr. Reddy’s Laboratories Ltd. along with its subsidiaries together referred to as “Dr. Reddy’s on Friday announced the launch of Esomeprazole Magnesium Delayed-Release Capsules USP,

20 mg, an over-the-counter (OTC) therapeutic equivalent generic version of Nexium 24HR Capsules in the United States market.



The capsules were approved by the U.S. Food and Drug Administration (USFDA), the Hyderabad-based pharmacautical company said in a release here.





Esomeprazole Magnesium Delayed-Release Capsules USP, 20 mg, is an OTC proton pump inhibitor used to treat frequent heartburn occurring two or more days a week in adults.





This launch continues to demonstrate our deep R&D and manufacturing capabilities to bring newer store-brand

OTC medications to the market,” Milan Kalawadia, Vice President and Head, US OTC and Speciality Rx businesses, Dr. Reddy’s Laboratories said.





We look forward to collaborating with our customers to provide high-quality, affordable alternatives to consumers, Mr Milan said.





The combined market of Nexium 24HR Capsules and private label OTC Esomeprazole Magnesium products had U.S. sales of approximately $311 million for the most recent 12 months ending in May 2018, the release said.

UNI KNR CS 1145

More News
India's core sector output rises to three-month high of 6 7 pc in February

India's core sector output rises to three-month high of 6 7 pc in February

28 Mar 2024 | 7:51 PM

New Delhi, Mar 28 (UNI) Driven primarily by coal, cement and crude oil production, India's core sector comprising of eight key infrastructure components grew 6.7% year-on-year in February 2024, as per data released by Ministry of Commerce and Industry on Thursday.

see more..

Honda Motorcycle & Scooter India achieves historic 6 cr domestic sales milestone

28 Mar 2024 | 7:19 PM

Mumbai, Mar 28 (UNI) Honda Motorcycle & Scooter India (HMSI) announced on Thursday that it has accomplished a historic achievement of 6 crore domestic sales in India. Honda ventured into the Indian market with its first two-wheeler, the Activa, in 2001.

see more..

28 Mar 2024 | 5:28 PM

UNI NK AKS.

see more..
Luminous enters solar panel mfg; 250 MW facility launched with initial investment of Rs 120 cr

Luminous enters solar panel mfg; 250 MW facility launched with initial investment of Rs 120 cr

28 Mar 2024 | 5:16 PM

Rudrapur, Mar 28 (UNI) From power Back-up solutions to Batteries and Solar applications, Luminous Power Technologies on Thursday announced the launch of its state-of-the-art solar panel manufacturing facility here.

see more..

Kottayam-Kochi Rubber Market rates

28 Mar 2024 | 5:04 PM

Kottayam, Mar 28 (UNI) Following were the Rubber Market rates announced by the Rubber Board here on Thursday per quintal.

see more..
image