Friday, Feb 7 2025 | Time 13:52 Hrs(IST)
image
Business Economy


Zydus receives USFDA approval for Doxycycline Hyclate Delayed-Release Tablets, Febuxostat Tablet

Mumbai, Dec 24(UNI) Pharma major, Zydus Cadila receives approvals from the USFDA for Doxycycline Hyclate Delayed-Release Tablets and Febuxostat Tablet
It will be manufactured at the group's formulations manufacturing facility at SEZ, Ahmedabad. This medication is used only to treat or prevent infections that are proven or strongly suspected to be caused by susceptible bacteria.
The group also received a tentative approval for Febuxostat Tablets, 40 mg and 80 mg. It will be manufactured at the group's formulations manufacturing facility at Moraiya, Ahmedabad.
It is used to treat hyperuricemia (constantly high levels of uric acid) in adults who have gout. It helps in decreasing symptoms of gout which include pain, swelling, redness, heat, soreness, and stiffness in certain joints.
The group now has 241 approvals and has so far filed over 340 ANDAs since the commencement of the filing process in FY 2003-04.
UNI JS RJ 1506
More News
Banks, NBFCs must improve preventive and detective controls to mitigate cyber risks: RBI

Banks, NBFCs must improve preventive and detective controls to mitigate cyber risks: RBI

07 Feb 2025 | 12:10 PM

New Delhi, Feb 7 (UNI) Amid surge in digital frauds, the Reserve Bank of India (RBI) has asked banks and other Non-banking Financial Corporations (NBFCs) to continuously improve preventive and detective controls to mitigate cyber risks.

see more..
Industry hails RBI rate cut by 25 bps; it will real estate activity

Industry hails RBI rate cut by 25 bps; it will real estate activity

07 Feb 2025 | 12:09 PM

New Delhi, Feb 7 (UNI) The industry has hailed first rate by the Reserve Bank of India (RBI) first in five years by 25 bps from 6.50% to 6.25%, saying this coupled with relief in the income tax announced in the Union Budget will spur demand for homes and other activities leading to increase in consumption and activity and resultant economic growth.

see more..
India Inc hails repo rate cut, real estate firms see rise in housing demand

India Inc hails repo rate cut, real estate firms see rise in housing demand

07 Feb 2025 | 12:03 PM

New Delhi, Feb 7 (UNI) Welcoming the Monetary Policy Committee's (MPC) decision to cut repo rate, industry captains on Friday said that the move would provide relief to home loan borrowers, boost consumption, lift consumer sentiments and help the India story.

see more..

Allcargo Gati revenue up 6 pc at Rs 392 crore in Q3

07 Feb 2025 | 11:00 AM

New Delhi, Feb 7 (UNI) Express Distribution and Supply Chain Management company Allcargo Gati Limited (formerly Gati Limited) today reported 6 per cent year-on-year jump in revenues from operations at Rs 392 crore in the third quarter of current FY25, versus Rs 371 crore in the corresponding quarter of last financial year.

see more..
RBI cuts repo rate by 0 25 pc, first time in nearly five yrs

RBI cuts repo rate by 0 25 pc, first time in nearly five yrs

07 Feb 2025 | 10:50 AM

New Delhi, Feb 7 (UNI) Amid easing inflation pressure, the Reserve Bank of India (RBI)'s Monetary Policy Committee (MPC) on Friday decided to cut policy repo rate by 0.25% to 6.25% raising hopes of relief in loan EMIs.

see more..
image