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Lupin receives FDA approval for generic Nitrofurantoin Capsules USP

Lupin receives FDA approval for generic Nitrofurantoin Capsules USP

Mumbai, Jul 12 (UNI) Pharma Major, Lupin said that it has received final approval for its Nitrofurantoin Capsules USP (Macrocrystals),50 mg and 100 mg from the United States Food and Drug Administration

(FDA) to market a generic version of Alvogen Malta Operations Ltd.'s Macrodantin Capsules, 50 mg and 100 mg.

Lupin's Nitrofurantoin Capsules USP (Macrocrystals), 50 mg and 100 mg is the generic version of Alvogen Malta Operations Ltd.'s Macrodantin Capsules, 50 mg and 100 mg, company said in a filing with BSE.

It is specifically indicated for the treatment of urinary tract infections (UTI) when due to susceptible strains of Escherichia coli, enterococci, Staphylococcus aureus, and certain susceptible strains of Klebsiella and Enterobacter species.

Nitrofurantoin Capsules USP (Macrocrystals), 50 mg and 100 mg had annual sales of approximately USD 27 million in the US (IQVIA MAT April 2018).

UNI JS SM SY 1446

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Govt to infuse Rs 11,336 cr in 5 public sector banks

17 Jul 2018 | 10:55 PM

New Delhi, July 17 (UNI) The government on Tuesday announced an infusion of Rs 11,336 crore in five public sector banks as part of its Indradhanush scheme.

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WE Hub hosts MSME workshop for women entrepreneurs

17 Jul 2018 | 9:37 PM

Hyderabad, July 17 (UNI) 'WE HUB' along with MSME-DI organised a workshop to showcase the various schemes and financial assistance programs available from the Government of India, Government of Telangana and Banking institutions, here on Tuesday.

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IDBI board to seek govt decision over LIC proposal

17 Jul 2018 | 9:30 PM

New Delhi, July 17 (UNI) A day after board of state-run insurance company LIC gave its nod to increase its stake in debt-ridden Public Sector Bank IDBI up to 51 per cent; the IDBI board decided to seek the decision
of the government over the LIC proposal.

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Max Life Insurance to distribute Rs 1,084 crore as bonus to its participating policyholders

17 Jul 2018 | 7:26 PM

Gurugram, July 17 (UNI) Max Life Insurance, one of the leading life insurance companies of India, announced that it will be paying Rs 1,084 crore as policyholder bonus on the participating policies in-force, an increase of 27 per cent over Rs 854 crore in the same period in the previous year.

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MediaTek unveils new chipset to power smartphones

17 Jul 2018 | 7:21 PM

New Delhi, July 17(UNI) Taiwanese semiconductor company MediaTeK on Tuesday unveiled its Helio A series, expanding its Helio family of feature-packed and power-efficient chipsets with the company's new Helio A22 system-on-chip (SoC).

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