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| Media Release |
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Orchid receives USFDA nod for Granisetron generic formulation First Indian company to be approved for this non-antibiotic product |
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Chennai, India – February 14, 2008 |
Chennai-based pharma major, Orchid Chemicals & Pharmaceuticals Ltd (Orchid) today announced that it has received approval from the US FDA for its ANDA (Abbreviated New Drug Application) for Granisetron Hydrochloride Tablets. The product is available in 1 mg dosage strength. An anti-emetic product, Granisetron is a new generation non-antibiotic product. With limited generic competition, Orchid hopes to garner a strong market share leading to a sizeable revenue contribution from this product. |