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The firm also received final approval for Deferasirox tablets for oral suspension 125/250/500 mg (equivalent to Novartis Pharmaceuticals Exjade tablets). It had a market size of $135 million for 12-months ended December 2018.
Further, it received tentative approval for Deferasirox tablets 180 mg (equivalent to Novartis Pharmaceuticals Jadenu tablets). It had a market size of $59 million for 12-months ended December 2018.
Deferasirox tablets are used in treatment of chronic iron overload to blood ending transfusions in patients 2 years of age and older.
Alembic now has a total of 107 ANDA approvals (95 final approvals and 12 tentative approvals) from USFDA.
Shares of Alembic Pharmaceuticals were trading 0.96% higher at Rs 551.75 on BSE. The stock surged 10.27% in three months as compared to a 4.89% rise in Nifty Pharma index.
Meanwhile the NSE Nifty 50 index was trading 0.47% lower at 11,911.90.
Alembic Pharmaceuticals is a vertically integrated research and development pharmaceutical company.
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