28 Aug, EOD - Indian

SENSEX 81785.56 (0.09)

Nifty 50 25052.35 (0.14)

Nifty Bank 51143.85 (-0.26)

Nifty IT 42394.4 (1.64)

Nifty Midcap 100 59146.4 (-0.12)

Nifty Next 50 75082.55 (0.31)

Nifty Pharma 22989.1 (1.14)

Nifty Smallcap 100 19319.75 (-0.07)

28 Aug, EOD - Global

NIKKEI 225 38371.76 (0.22)

HANG SENG 17692.45 (-1.02)

S&P 5627.02 (-0.07)


Hot Pursuit News

You are Here : Home > News > Hot Pursuit News >

(28 Aug 2024, 09:57)

Zydus Life rises on USFDA nod for dyskinesia treatment drug

Zydus Lifesciences gained 1.49% to Rs 1130.50 after it received final approval from the United States Food and Drug Administration (USFDA) to market Amantadine extended-release capsules, 68.5 mg, and tentative approval for 137 mg.


The approved drug is a reference listed drug of Gocovri (amantadine) extended-release capsules, 68.5 mg and 137 mg.

The Amantadine extended-release capsules are indicated for the treatment of dyskinesia in patients with Parkinson’s disease receiving levodopa-based therapy, with or without concomitant dopaminergic medications.

The drug will be manufactured at the group’s formulation manufacturing facility in Ahmedabad SEZ-II, India.

This approval makes Zydus eligible for 180 days of exclusivity for Amantadine extended-release capsules, 68.5 mg.

The group now has 400 approvals and has so far filed over 465 ANDAs since the commencement of the filing process in FY 2003-04.

Zydus Lifesciences is a discovery-driven, global life sciences company that discovers, develops, manufactures, and markets a broad range of healthcare therapies.

The pharma company’s consolidated net profit surged 30.64% to Rs 1,419.9 crore in Q1 FY25 as compared to Rs 1,086.9 crore posted in Q1 FY24. Revenue from operations jumped 20.77% year on year (YoY) to Rs 6,207.5 crore in the quarter ended 30 June 2024.

More News
More Company News View Company Information