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18 April, 2024 11:49 IST
Liva Pharma gets USFDA approval for Ranitidine injection
Source: IRIS | 12 Dec, 2018, 09.35AM
Rating: NAN / 5 stars.
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Liva Pharmaceuticals, a wholly-owned subsidiary company of Cadila Healthcare has received the approval from the USFDA for its supplemental abbreviated new drug application (sANDA), Ranitidine Injection USP, 25 mg/mL, 2 mL Single dose vials and 6 mL Multi-dose vials. It will be manufactured at Liva Pharma's manufacturing facility at Vadodara and is the first product to be approved from this site for marketing in the US.

Ranitidine belongs to the class of medications called H2-antagonists and is used to treat stomach and duodenal (intestinal) ulcers, and prevent them from recurring. It is also used to treat gastroesophageal reflux disease (GERD) and Zollinger-Ellison Syndrome. The injectable form of ranitidine is given for short-term treatment of these conditions when a patient is unable to take this medication orally.

The group now has 237 approvals and has so far filed over 340 ANDAs since the commencement of the filing process in FY 2003-04.

Shares of the company gained Rs 5.65, or 1.66%, to trade at Rs 346.70. The total volume of shares traded was 58,447 at the BSE (Tuesday).

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