Vivimed Labs receives approvals for ophthalmic products and suspensions; stock up 2.5%

The company got approval for ophthalmic products Timorite, Siklazen and suspensions Normofen and Koldylex Syrup.

Oct 13, 2020 09:10 IST India Infoline News Service

Vivimed Labs Limited, a niche Specialty Chemicals and Pharmaceuticals company, announced on Monday that it received approvals for two ophthalmic products from its state of the art sterile Ophthalmic facility and two oral liquid suspension products from its PICS & Health Canada approved site, both facilities are situated at Hyderabad and expecting five more approvals in Ophthalmics and Oral solids in 04 CY 2020.

Vivimed Labs is currently trading at Rs17.20 up 0.45 or 2.69% from its previous closing of Rs16.75 on the BSE.

The company got approval for Timolol Maleate 0.5%, 5ml under brand name Timorite. Timolol is used topically in the reduction of elevated intra-ocular pressure in various conditions including Patients with ocular hypertension, Patients with chronic open-angle glaucoma including aphakic patients.

It also got approval for Ciprofloxacin 3mg/ml eye drops under brand name Siklazen. This medication is used to treat eye infections. Ciprofloxacin belongs to a class of drugs called quinolone antibiotics. It works by stopping the growth of bacteria. This medication treats only bacterial eye infections.

Ibuprofen Suspension 100mg/5ml under brand name Normofen Suspension for reduction of fever, including post immunisation pyrexia, Relief of the symptoms of colds and influenza, relief of mild to moderate pain, such as a sore throat, teething pain, toothache, earache, headache, minor aches and sprains

Cold and Cough Syrup 100ml (Ambroxyl HCI, Terbutaline sulphate, Guaifenesin, Chlorphenaramine Maleate) under brand name Koldylex Syrup. It is used for Guaifenesin (Guaiphenesin or Glyceryl Guaiacolate) is an expectorant. It usually solves over the counter and helps treat congestion in your chest and throat by the common cold, infections, or allergies. The medicine is for a cough and cold to make it easier to cough out through your mouth.

Ambroxol Hydrochloride is a drug that is used for proving a relief to sinus, stuffy nose and ear problems due to flu, allergies, common cold and breaking ailments like sinusitis, bronchitis etc. It provides comfort and easiness to breathe by decreasing, swelling in the nose and ears.

Terbutaline is used to treat breathing ailments symptoms like shortness of breath, chest tightness, wheezing etc. Chlorpheniramine, is an antihistamine used to treat the symptoms of allergic conditions such as allergic rhinitis.

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