Lupin gets US FDA nod for oral contraceptive generic
Lupin's subsidiary Lupin Pharmaceuticals Inc has received US Food and Drug Administration approval to sell Norgestimate and Ethinyl Estradiol tablets in various strengths.
July 03, 2012 / 18:08 IST
Moneycontrol Bureau
Lupin's subsidiary Lupin Pharmaceuticals Inc has received US Food and Drug Administration approval to sell Norgestimate and Ethinyl Estradiol tablets in various strengths.Lupin's Norgestimate and Ethinyl Estradiol tablets are the generic equivalent of Ortho Tri-cyclen Lo tablets of Janssen Pharmaceuticals and are indicated for prevention of pregnancy in women who choose oral contraceptives as a method of contraception.Ortho Tri-cyclen Lo tablets had annual sales of about USD 421 million in the US market for year ended March 2012, Lupin said, citing IMS Health data.Lupin shares were down 0.7% at Rs 540 on NSE in afternoon trade. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!