Unichem Laboratories announced that it has received tentative approval for ANDA of Sitagliptin Tablets USP, 25 mg, 50 mg, and 100 mg from the United States Food and Drug Administration (USFDA).
The product is generic version of Januvia (sitagliptin) tablets, 25 mg, 50 mg, and 100 mg, of Merck Sharpe and Dohme Corp (Merck).
Sitagliptin tablets are indicated as an adjunct to diet and exercise to improve glycemic control in adults with type 2 diabetes mellitus. Product will be commercialized from Unichem s Goa Plant on receipt of full approval.
The announcement was made on Saturday, 10 July 2021. Shares of Unichem Laboratories fell 0.2% to settle at Rs 327.80 on Friday, 9 July 2021.
Unichem Labs receives tentative nod for ANDA of sitagliptin tablets; stock gains 4%
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Unichem Laboratories Limited receives tentative approval for ANDA of Sitagliptin Tablets
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Unichem Laboratories : Tentative Approval for ANDA from United States Food and Drug Administration (USFDA) for Sitagliptin Tablets USP, 25 mg, 50 mg, and 100 mg.
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Zuari Agrochemicals (ZACL) on Tuesday said it will sell its fertiliser plant and the associated businesses at Goa to Paradeep Phosphates (PPL) for an enterprise value of USD 280 million (over Rs 1,100 crore). The company s board, at its meeting held on Tuesday, approved the sale of its fertiliser plant at Goa and the associated businesses by way of a slump sale to PPL for a lump sum consideration (enterprise value) of USD 280 million, ZACL said in a statement. ZACL s Goa plant is engaged in the manufacture, distribution, imports and sale of urea, DAP and various grades of NPK fertilisers under the Jai kisaan brand, with a total installed capacity of 1.2 million tonnes per annum.