Zydus Life arm launches Topiramate extended-release in US

Image
Capital Market
Last Updated : Jan 06 2023 | 1:16 PM IST

Zydus Pharmaceuticals (USA) Inc., a subsidiary of Zydus Lifesciences has launched Topiramate extended-release capsules in the US.

On 1 December 2022, the drug maker received final approval from the United States Food and Drug Administration (USFDA) to market Topiramate extended-release capsules (USRLD: Trokendi XR) in the United States.

Topiramate extended-release capsule is indicated for epilepsy, initial monotherapy in patients 6 years of age and older with partial onset or primary generalized tonic-clonic seizures; adjunctive therapy in patients 6 years of age and older with partial onset, primary generalized tonic-clonic seizures, or seizures associated with lenox-gastaut syndrome (LGS). It is also indicated for prophylaxis of migraine in patients 12 years of age and older.

According to IQVIA data of November 2022, Topiramate extended-release capsule had annual sales of $488 million in the United States.

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

The company's consolidated net profit slumped 82.6% to Rs 522.50 crore despite of a 10% increase in total revenue from operations to Rs 4,134.7 crore in Q2 FY23 over Q2 FY22.

Shares of Zydus Lifesciences were down 0.91% to Rs 428.40 on the BSE.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 06 2023 | 1:00 PM IST

Next Story