Cipla today announced that it has received final approval for its Abbreviated New Drug Application (ANDA) for Valganciclovir Tablets 450mg from the United States Food and Drug Administration (US FDA).
Cipla's Valganciclovir Tablets 450mg is AB-rated generic therapeutic equivalent version of Roche's Valcyte. It is a deoxynucleoside analogue cytomegalovirus (CMV) DNA polymerase inhibitor indicated for use in the treatment of CMV retinitis in patients with acquired immunodeficiency syndrome (AIDS) and prevention of CMV disease in kidney, heart, and kidneypancreas transplant patients at high risk.
According to IQVIA (IMS Health), Valcyte and its generic equivalents had US sales of approximately $79M for the 12-month period ending September 2018.
The product is available for shipping immediately.
Shares of the company gained Rs 11.7, or 2.22%, to trade at Rs 538.50. The total volume of shares traded was 29,103 at the BSE (9.23 a.m., Monday).