Ranbaxy gains approval to mkt Amoxicillin

RELATED NEWS Ranbaxy launches 2 NDDS Urology products in India Ranbaxy Lab can go upto Rs 415-416 Ranbaxy Laboratories may run upto Rs 450-455 ALSO READ See latest News about Ranbaxy Labs See previous management interviews See what other Experts & Brokerages are saying about Ranbaxy Labs Ranbaxy Labs BSE | NSE 10/02/12 Are Mutual Funds betting on Ranbaxy Labs?

Ranbaxy Pharmaceuticals Inc. (RPI), a wholly owned subsidiary of Ranbaxy Laboratories Limited (RLL), announced today that RLL has received approval from the U.S. Food and Drug Administration to market Amoxicillin and Clavulanate Potassium for Oral Suspension USP, 600 mg/42.9 mg (base) / 5 mL.  The Division of Bioequivalence has determined the Ranbaxy formulation to be bioequivalent and, therefore, therapeutically equivalent to Augmentin^® ES-600 for Oral Suspension,600 mg/42.9 mg (base)/5mL of GlaxoSmithKline.

 

Augmentin® ES-600 for Oral Suspension has combined sales of $216 million with sales of 600 mg/42.9 mg (base) / 5 mL totaling $136.9 million in the suspension market (IMS - MAT: September 2006).

 

Amoxicillin and Clavulanate Potassium for Oral Suspension, 600 mg/42.9 mg (base) / 5 mL is indicated for the treatment of pediatric patients with recurrent or persistent acute otitis media due to S. pneumoniae, H. influenzae, or M. catarrhalis characterized by the following risk factors: antibiotic exposure for acute otitis media within the preceding 3 months and either of the following - age less than 2 years or daycare attendance.

 

"We are delighted to make yet another dosage form of Amoxicillin available based on the skills and talents that are available through our parent company, Ranbaxy Laboratories Limited. This again demonstrates our depth and breadth of expertise to add to our ever expanding product portfolio, along with our commitment to bring affordable generic alternatives to the U.S. healthcare system.  We are adding yet another product that has clinical utility and value, and as such, will distinguish Ranbaxy in the years to come.  Product will be available in April 2007," according to Jim Meehan, Vice President of Sales and Marketing for RPI.  

 

Ranbaxy Pharmaceuticals Inc. (RPI) based in Jacksonville, Florida, is a wholly owned subsidiary of Ranbaxy Laboratories Limited (RLL), India's largest pharmaceutical company.  RPI is engaged in the sale and distribution of generic and branded prescription products in the U.S. healthcare system.  

 

Sourced From: Ranbaxy Laboratories Ltd