Zydus gets USFDA nod for Diroximel Fumarate capsules
ZYDUSLIFE · price
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Zydus Lifesciences has received final USFDA approval for Diroximel Fumarate Delayed-Release Capsules, 231 mg, used to treat relapsing forms of multiple sclerosis in adults. The reference brand, Vumerity, had annual US sales of about USD 999.4 million. The drug will be produced at Zydus SEZ facility. The group now holds 426 approvals and has filed 487 ANDAs since FY 2003-04.
Strengthens US generics portfolio with a billion-dollar market opportunity. Positive for medium-term revenue.