Caplin Point arm gets USFDA nod for Thiamine Hydrochloride injection

Caplin Point arm gets USFDA nod for Thiamine Hydrochloride injection

Thiamine Hydrochloride injection is used in the treatment of Thiamine, or Vitamin B1, deficiency and beriberi, a serious condition caused by a prolonged lack of Vitamin B1 in the body

FPJ Web DeskUpdated: Wednesday, March 08, 2023, 12:21 PM IST
article-image
Caplin Point arm gets USFDA nod for Thiamine Hydrochloride injection | Image: Caplin Point (Representative)

Caplin Point Laboratories Ltd's sterile product manufacturing subsidiary Caplin Steriles Ltd has received approval from the US Food and Drug Administration to market Thiamine Hydrochloride injection USP, the company said via an exchange filing.

The injection is a generic of Thiamine Hydrochloride injection of Fresenius Kabi USA LLC.

Thiamine Hydrochloride injection is used in the treatment of Thiamine, or Vitamin B1, deficiency and beriberi, a serious condition caused by a prolonged lack of Vitamin B1 in the body.

The Thiamine Hydrochloride injection had sales of $38 mln for the year ending September in the US, according to data by IQVIA.

Shares of Caplin Point Laboratories traded 0.8% higher at ₹671.15 on NSE, at 11:15 IST.

RECENT STORIES

Adani Bets Big On Aviation: Eyes Engine Repairs & Cargo Conversions

Adani Bets Big On Aviation: Eyes Engine Repairs & Cargo Conversions

India, New Zealand Announce Historic Free Trade Agreement After Telephonic Conversation Between PM...

India, New Zealand Announce Historic Free Trade Agreement After Telephonic Conversation Between PM...

Shyam Dhani Industries Rakes In ₹10.9 Crore From Anchors Ahead Of ₹38.49 Crore IPO

Shyam Dhani Industries Rakes In ₹10.9 Crore From Anchors Ahead Of ₹38.49 Crore IPO

GeM's Forward Auction Module Generates ₹2,200 Crore From Government Asset Disposal In Four Years

GeM's Forward Auction Module Generates ₹2,200 Crore From Government Asset Disposal In Four Years

Gold & Silver Prices Likely To Consolidate Next Week Amid Holiday-Thin Trading & US Data Await

Gold & Silver Prices Likely To Consolidate Next Week Amid Holiday-Thin Trading & US Data Await