Lupin arm gets USFDA nod to market bacterial infection generic tablets

As per IMS MAT June sales data, Zyvox tablets had US sales of $273.6 million

|Aug 24, 2016, 16:36:02 IST

New Delhi: Drug major Lupin Wednesday said its subsidiary Gavis Pharmaceuticals has received approval from the US health regulator to market generic linezolid tablets used for treating bacterial infection in the American market.[caption id="attachment_2359544" align="alignleft" width="380"] Reuters[/caption]The company's US-based subsidiary Gavis Pharmaceuticals has received final approval for its linezolid tablets in 600 mg strength from the US Food and Drug Administration (USFDA), Lupin said in a BSE filing.Gavis' product is a generic version of Pharmacia and Upjohn company's Zyvox tablets, which is indicated in adults and children for treatment of certain infections caused by susceptible gram-positive bacteria.As per IMS MAT June sales data, Zyvox tablets had US sales of $273.6 million.The stock ended 2.20 percent down at Rs 1,520.50 on BSE.

EU slaps Google with $1 billion antitrust fine over Play Store and Search practices

European Commission says Google unfairly favoured its own services on Search and the Play Store, violating the Digital Markets Act; the company calls the decision harmful to businesses and consumers.

1 min read

Brent crude flirts with $100, reigniting inflation and forex concerns for India

Experts say a prolonged rally above $100 per barrel is unlikely, but sustained high oil prices could push up inflation, widen the current account deficit and pressure the rupee.

2 min read

Can a record May offset a shrunk international schedule and help IndiGo turn a profit?

Record domestic market share boosts operating performance, but forex losses, rising oil prices and geopolitical disruptions could weigh on IndiGo's bottom line.

3 min read

China has dominated Myanmar’s rare earth mines — now India eyes deal to harness country’s critical minerals

India is deepening rare earth cooperation with Myanmar as New Delhi seeks alternative sources of critical minerals dominated by China, including dysprosium and terbium used in EVs, defence systems and clean energy technologies

6 min read

JPMorgan to hire 1,000 technology professionals for India GCCs amid AI-led transformation

Wall Street banking giant to expand hiring across cloud, cybersecurity and AI data pipeline roles as it strengthens its India Global Capability Centres despite AI-driven workforce optimisation.