Alembic Pharma gets USFDA approval for drug to treat overactive bladder

Alembic Pharma gets USFDA approval for drug to treat overactive bladder

The drug is also a therapeutic equivalent of Pfizer's Toviaz extended-release tablets in 4 mg and 8 mg

FPJ Web DeskUpdated: Friday, January 06, 2023, 12:00 PM IST
article-image
Alembic Pharma gets USFDA nod for drug to treat overactive bladder | Image credit: Wikipedia (Representative)

Alembic Pharmaceuticals Ltd has received the final abbreviated new drug approval from the US Food and Drug Administration for Fesoterodine Fumarate extended-release tablets, the company said in an exchange filing.

Used to treat overactive bladder in adults, the company received the approval on Fesoterodine Fumarate's 4 mg and 8 mg doses.

The drug is also a therapeutic equivalent of Pfizer's Toviaz extended-release tablets in 4 mg and 8 mg, Alembic Pharmaceuticals said.

Fesoterodine Fumarate extended-release tablets of 4 mg and 8 mg have an expected market size of $177 million, according to IQVIA statistics for the twelve months ending September 2022.

A total of 179 abbreviated new medication approvals, including 157 and 22 tentative approvals from the US FDA, were reported by the business.

RECENT STORIES

Nothing CEO Carl Pei Mocks Trump Mobile’s ‘T1 Phone’, Calls It 'Unbelievable'

Nothing CEO Carl Pei Mocks Trump Mobile’s ‘T1 Phone’, Calls It 'Unbelievable'

Godrej Properties Buys 16-Acre Land In Pune, Eyes ₹3,100 Crore Revenue

Godrej Properties Buys 16-Acre Land In Pune, Eyes ₹3,100 Crore Revenue

GDL Leasing & Finance Expands Capital Base, Lists 20 Lakh New Shares On BSE; Lock-In Periods...

GDL Leasing & Finance Expands Capital Base, Lists 20 Lakh New Shares On BSE; Lock-In Periods...

Vedanta Group Firm Hindustan Zinc To Invest ₹12,000 Crore To Double Capacity Across Zinc, Lead &...

Vedanta Group Firm Hindustan Zinc To Invest ₹12,000 Crore To Double Capacity Across Zinc, Lead &...

ChatGPT Introduces Image Search in Web Tool, Enhances Complex Query Handling

ChatGPT Introduces Image Search in Web Tool, Enhances Complex Query Handling