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17 January, 2019 19:15 IST
Sun Pharma gets USFDA approval for generic Coreg capsules
Source: IRIS | 26 Oct, 2017, 03.04PM
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Sun Pharmaceutical Industries today announced that one of its wholly owned subsidiaries has received final approval from US FDA for its Abbreviated New Drug Application (ANDA) for generic version of Coreg CR, (carvedilol phosphate) extended release capsules, 10mg, 20mg, 40mg, 80 mg.

These generic carvedilol phosphate extended release capsules, 10mg, 20mg, 40mg, 80mg are therapeutic equivalents of GSK's Coreg CR extended release capsules. As per IMS, Coreg CR® had annual sales of approximately USD 208 million in the US for the 12 months ended August 2017.

Shares of the company gained Rs 11.2, or 2.14%, to trade at Rs 534.45. The total volume of shares traded was 262,717 at the BSE (2.23 p.m., Thursday).

Sun Pharmaceutical Industries Limited   (Q,N,C,F)*

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