financetom
Market
financetom
/
Market
/
Zydus Lifesciences gets USFDA go-ahead for insomnia pill triazolam
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Zydus Lifesciences gets USFDA go-ahead for insomnia pill triazolam
Dec 30, 2022 8:51 AM

Pharmaceuticals firm Zydus Lifesciences Ltd on Friday, December 30, said the company has received final approval from the United States Food and Drug Administration (USFDA) to market triazolam tablets USP, 0.125 mg and 0.25 mg. The Ahmedabad-based company said triazolam tablets are used on a short-term basis to treat insomnia (difficulty falling asleep or staying asleep). It works by slowing activity in the brain to allow sleep.

The drug will be manufactured at the group’s formulation manufacturing facility at Moraiya, Ahmedabad, India. The company's Moraiya facility is its largest formulations manufacturing unit. Triazolam tablets had annual sales of $11.7 million in the United States, according to IQVIA September data 2022.

Also Read: Global investors cool on India’s bad debt reconstruction firms

The group now has 339 approvals and has so far filed over 431 ANDAs as of September 30, 2022, since the commencement of the filing process in FY 2003-04.

Zydus Lifesciences was earlier known as Cadila Healthcare Ltd. The company is known for producing generic drugs. The company not only supplies medicines to India but also to several other nations. Its manufacturing and research centres are available in India and abroad.

Also read: Uzbekistan deaths: Marion Biotech asked to halt production of all drugs due to deviations from rules

(Edited by : Shoma Bhattacharjee)

First Published:Dec 30, 2022 5:51 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US STOCKS-Trump's incoming tariffs rattle US stock futures
US STOCKS-Trump's incoming tariffs rattle US stock futures
Mar 31, 2025
* Futures down: Dow 0.6%, S&P 500 0.91%, Nasdaq 1.27% (Adds gene therapy stocks, Russell 2000 futures move) By Sruthi Shankar and Pranav Kashyap March 31 (Reuters) - U.S. stock index futures tumbled on Monday as investors shied away from risky assets amid mounting concerns that the Trump administration's upcoming announcement of extensive tariff plans could hurt the global economy....
Trump's incoming tariffs rattle US stock futures
Trump's incoming tariffs rattle US stock futures
Mar 31, 2025
(Reuters) -U.S. stock index futures tumbled on Monday as investors shied away from risky assets amid mounting concerns that the Trump administration's upcoming announcement of extensive tariff plans could hurt the global economy. Global stocks fell sharply, gold prices scaled new highs and U.S. Treasuries rallied after U.S. President Donald Trump said on Sunday that reciprocal tariffs he is set...
Biotech stocks tumble on reports FDA's top vaccine regulator to leave
Biotech stocks tumble on reports FDA's top vaccine regulator to leave
Mar 31, 2025
(Reuters) -Shares of U.S. biotech companies fell as much as 10% premarket on Monday following reports that a top vaccine official at the U.S. Food and Drug Administration had resigned, fanning worries over slower reviews for breakthrough treatments. Peter Marks, who played a key role in U.S. President Donald Trump's first term in developing COVID-19 vaccines, will leave effective April...
Biotech stocks tumble on reports FDA's top vaccine regulator to leave
Biotech stocks tumble on reports FDA's top vaccine regulator to leave
Mar 31, 2025
(Reuters) -Shares of U.S. biotech companies fell as much as 10% premarket on Monday following reports that a top vaccine official at the U.S. Food and Drug Administration had resigned, fanning worries over slower reviews for breakthrough treatments. Peter Marks, who played a key role in U.S. President Donald Trump's first term in developing COVID-19 vaccines, will leave effective April...
Copyright 2023-2026 - www.financetom.com All Rights Reserved