Global pharma major
Lupin Limited on Thursday has announced that it has received approval for its Sevelamer Hydrochloride Tablets, 400 mg and 800 mg from the United States Food and Drug Administration to market a generic equivalent of Renagel Tablets, 400 mg and 800 mg, of Genzyme Corporation.
The product will be manufactured at Lupin’s facility in Nagpur, India.
Sevelamer Hydrochloride Tablets are indicated for the control of serum phosphorus in patients with chronic kidney disease (CKD) on dialysis.
Sevelamer Hydrochloride Tablets (RLD: Renagel) had estimated annual sales of USD 80 million in the U.S.
Lupin ended at Rs1,162.65 per piece down by Rs14.2 or 1.21% on Sensex.