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Dr Reddy’s launches levocetirizine tablets in US

Dr Reddy’s launches levocetirizine tablets in US
PTI
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First Published: Mon, Mar 28 2011. 01 21 PM IST
Updated: Mon, Mar 28 2011. 01 21 PM IST
Mumbai: Drug firm Dr Reddy’s Laboratories on Monday said it has launched levocetirizine tablets, which are used for relieving allergies, in the American market.
The US Food and Drug Administration approved its abbreviated new drug application for levocetirizine tablets on 24 February, Dr Reddy’s Laboratories said in a filing to the Bombay Stock Exchange (BSE).
The product, which is a generic equivalent of UCB’s Xyzal tablets, is used to treat or prevent symptoms of allergies. It is also used to help reduce itchy skin rash and hives.
The company has launched the tablet in 5 mg strength in the US market. The tablets are available in 90 count bottles.
According IMS Health Sales data, levocetirizine tablets posted sales of about $238 million in the US market for the 12-month period ended 30 September, 2010.
Shares of the company were trading at Rs1,552.50 on the BSE, up 0.19% from the previous close.
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First Published: Mon, Mar 28 2011. 01 21 PM IST
More Topics: Dr Reddy | Tablet | US | Levocetirizine | BSE |