Ranbaxy Receives Tentative FDA Approval For Fexofenadine Hydrochloride Tablets
05/23/07
Ranbaxy Pharmaceuticals Inc.
(RPI), a wholly owned subsidiary of Ranbaxy Laboratories Limited (RLL),
announced today that RLL has received tentative approval from the U.S. Food
and Drug Administration to manufacture and market the antihistamine
Fexofenadine Hydrochloride Tablets, 30 mg, 60 mg, and 180 mg. Total annual
market sales for Fexofenadine Hydrochloride Tablets were $931 million (IMS
- MAT: March 2007).
Fexofenadine Hydrochloride is indicated for the relief of symptoms
associated with seasonal allergic rhinitis in adults and children 6 years
of age and older. Symptoms treated effectively are sneezing, rhinorrhea,
itchy nose/palate/throat, itchy/watery/red eyes.
"We are pleased to receive this tentative approval for Fexofenadine
Hydrochloride Tablets. This product represents a future opportunity for
Ranbaxy and will be launched following final approval from the FDA. This
will further expand our product portfolio of affordable generic
alternatives which have a favorable impact on the economics of the U.S.
healthcare system," said 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.
Ranbaxy Laboratories Limited, headquartered in India, is an integrated,
research based, international pharmaceutical company producing a wide range
of quality, affordable generic medicines, trusted by healthcare
professionals and patients across geographies. Ranbaxy's continued focus on
R&D has resulted in several approvals in developed markets and significant
progress in New Drug Discovery Research. The Company's foray into Novel
Drug Delivery Systems has led to proprietary "platform technologies",
resulting in a number of products under development. The Company is serving
its customers in over 125 countries and has an expanding international
portfolio of affiliates, joint ventures and alliances, ground operations in
49 countries and manufacturing operations in 11 countries.
Ranbaxy Pharmaceuticals Inc.
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