Valcyte (valganciclovir hydrochloride) is an antiviral drug. It is used in cytomegalovirus infections of eye. Nexium (esomeprazole) is used to treat certain stomach and esophagus problems.
Higher profitability was a result of overall topline growth and leverage on cost base, said Subhanu Saxena, MD & CEO in an interview with CNBC-TV18. However, Esomeprazole sales impact will taper off in balance of this fiscal, he added.
The US FDA‘s decision to revoke the 180-day exclusivity cover extended to Indian firm Ranbaxy to sell a generic version of the world‘s second-largest selling drug esomeprazole is likely to help rival Cipla, according to Vivek Kumar, research analyst, SBICap Securities.