Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Companies / News/  Dr. Reddy’s launches anti-depressant, muscle relaxant tablets in US
BackBack

Dr. Reddy’s launches anti-depressant, muscle relaxant tablets in US

Dr. Reddy's launches tablets used for treating a major depressive disorder and to ease discomforts associated with acute, painful musculoskeletal conditions, in the US market

Dr. Reddy’s Laboratories has launched Bupropion Hydrochloride and Metaxalone tablets in the American market. Photo: Hindustan TimesPremium
Dr. Reddy’s Laboratories has launched Bupropion Hydrochloride and Metaxalone tablets in the American market. Photo: Hindustan Times

New Delhi: Dr.Reddy’s Laboratories Ltd on Wednesday said it has launched Bupropion Hydrochloride extended-release tablets used in treating a major depressive disorder in the American market.

It has also launched Metaxalone tablets used to ease discomforts associated with acute, painful musculoskeletal conditions in the US market.

The company has launched Bupropion Hydrochloride extended-release tablets USP (XL) in the strengths of 150 mg and 300 mg, the company said in a filing to BSE. The tablets are generic versions of GlaxoSmithKline LLC’s Wellbutrin XL tablets, it added. As per IMS Health, the Wellbutrin XL brand and generic had US sales of around $754 million MAT for the twelve months ended July, 2017, Dr Reddy’s Labs said.

The company has also launched Metaxalone tablets USP 800 mg in the American market, it added. The tablets are generic versions of King Pharmaceuticals Research and Development Inc.’s Skelaxin tablets. “The Skelaxin brand and generic had US sales of around $139 million MAT for the most recent twelve months ended July 2017, according to IMS Health," Dr Reddy’s Labs said.

Shares of Dr Reddy’s Laboratories were trading at 2,194.95 per scrip in the afternoon trade on BSE, down 0.62% from the previous close.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 06 Sep 2017, 02:59 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App

Chat with MintGenie