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USFDA nod to Zydus Lifesciences Famotidine Tablets
It is used to prevent and treat heartburn and other symptoms caused by excessive acid in the stomach (acid indigestion).
Ahmedabad: Zydus Lifesciences Ltd. (formerly known as Cadila Healthcare Ltd.), today announced that the company has received final approval from the United States Food and Drug Administration (USFDA) to market Famotidine Tablets in the strengths of 20mg and 40mg (USRLD: Pepcid).
Famotidine is a histamine H2 receptor blocker. It works by reducing the amount of acid in the stomach. It is used to prevent and treat heartburn and other symptoms caused by excessive acid in the stomach (acid indigestion).
The drug will be manufactured at group's drug formulation facility at SEZ, Ahmedabad.
Famotidine Tablet has a market size of USD 67 mn (as per IQVIA MAT April 2022). The group now has 315 approvals and has so far filed over 420* ANDAs since the commencement of the filing process in FY 2003-04.
Read also: Zydus Lifesciences Chemotherapy drug Pemetrexed gets USFDA okay
Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751