Pharma major Lupin announced that it has received approval for its Clobazam Tablets, 10 mg and 20 mg from the United States Food and Drug Administration (FDA) to market a generic version of Lundbeck Pharmaceuticals, LLC's Onfi Tablets, 10 mg and 20 mg.
Lupin's Clobazam Tablets, 10 mg and 20 mg is the generic version of Lundbeck Pharmaceuticals, LLC's Onfi Tablets, 10 mg and 20 mg. It is indicated for the adjunctive treatment of seizures associated with Lennox-Gastaut syndrome (LGS) in patients 2 years of age or older.
Onfi Tablets, 10 mg and 20 mg had annual sales of approximately USD 601.2 million in the US (IQVIA MAT September 2018).
Shares of the company gained Rs 4.2, or 0.5%, to trade at Rs 847.00. The total volume of shares traded was 77,268 at the BSE (Monday).