Associate Sponsors
  • Quotes

  • NAVs

  • News

  • Messages

  • Opinions

  • Notices

  • Videos

BUDGET CNBC-TV18 Markets Mutual Funds IPO Wealth Portfolio Messages Specials Videos Mail
CNBC-TV18 Matrix SENSEX 14913.05 254.56 NIFTY 4424.25 75.40
 

Feedback

Wockhardt launches insomnia drug Zolpidem in US

Published on Mon, May 21, 2007 at 18:00 , Updated at Mon, May 21, 2007 at 19:07
Source : Moneycontrol.com

Email    Print      

Pharmaceutical and biotechnology major Wockhardt received USFDA approval for marketing Zolpidem tablets (the generic version of brand Ambien) in the US. Zolpidem tartrate is one of the most widely used medicines to treat insomnia (sleep disorder) and is safer than most other sleeping pills in replicating normal sleep patterns. Zolpidem, which is the generic name for the brand Ambien, sold by Sanofi-Aventis constitutes a market of about  $2.2 billion in the US.

 

“The key to our success in the competitive US market is our ability to continuously add to the breadth and depth of our product portfolio,” said Wockhardt Chairman Habil Khorakiwala. “With our strategic thrust, we are advancing in the US market at an accelerated pace, rightly established by the fact that Zolpidem is our twentieth product to be launched in the US market in addition to Wockhardt having received six US FDA approvals in the last two months alone.”

 

Wockhardt manufactures Zolpidem tartrate API at its US FDA approved facility at Ankleshwar, Gujarat while the tablets are manufactured at the US FDA certified formulation plant at Waluj, Maharashtra.

 

Wockhardt’s US subsidiary, Wockhardt USA Inc. has been consistently increasing its market share in all products. Apart from Zolpidem, Wockhardt markets 19 products in the US; of which three injectables viz, Ketorolac, Furosemide and new strengths of Ceftriaxone were launched in the last four weeks alone. Very soon, Wockhardt will also be launching Lisinopril tablets in the US market.

  

Sourced From: Corporate Voice|Weber Shandwick

More News
View Comments    |    Post Comments
Headlines from Web18
CNBC-TV18
Watch Show
Show Schedule
Transcripts
Videos
Top News
Most Read
just
com
Latest Albums on in.com