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Unichem Laboratories surged 6.5% to Rs 355.50 after the drug maker announced that it has received ANDA approval for amitriptyline Hcl tablets from the US drug regulator.Amitriptyline Hcl tablets are a generic version of Elavil of AstraZeneca Pharmaceuticals. The drug is indicated for the relief of symptoms of depression. The product will be commercialized from Unichem s Goa plant.
Unichem Laboratories is an international, integrated, specialty pharmaceutical company. It manufactures and markets a large basket of pharmaceutical formulations as branded generics as well as generics in several markets across the world.
The company reported a consolidated net profit of Rs 23.56 crore in Q3 FY21 as compared to a net loss of Rs 14.60 crore in Q3 FY20. Net sales during the quarter increased by 18.7% YoY to Rs 326.28 crore.
Read more about Alembic Pharmaceuticals receives USFDA approval for Doxepin Hydrochloride Capsules on Business Standard. Doxepin Hydrochloride Capsules USP, 10 mg, 25 mg, 50 mg, 75 mg, and 100 mg have an estimated market size of US$ 41 million for twelve months ending December 2020 according to IQVIA.
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PRINCETON, N.J., March 16, 2021 /PRNewswire/ Sandoz Inc. today announced the in-licensing of commercial distribution rights to the brand and authorized generic of respiratory inhalation medicine Proventil
® HFA (albuterol sulfate) Inhalation Aerosol from Kindeva Drug Delivery, a global contract development and manufacturing organization supplying the product. Our albuterol sulfate authorized generic is immediately available to patients in the US.
There has been a surge in demand for albuterol medicines over the past year. Hospitals increasingly switched to using metered-dose albuterol inhalers rather than nebulizers to treat the growing number of COVID-19 patients. Pharmacies also saw increased demand for albuterol inhalers after the CDC recommended that Americans stock up on necessary medications.