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Third Generation Drug Gets FDA Nod

by Dr. Sunil Shroff on November 17, 2007 at 5:56 PM
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Third Generation Drug Gets FDA Nod

Chennai-based pharmaceuticals major Orchid Chemicals & Pharmaceuticals Ltd has received approval from the Food and Drug Administration (FDA) of the US for its infectious diseases drug.

The company said in a release Friday that the FDA has approved its abbreviated new drug application for Cefpodoxime Proxetil tablets.

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The product is available in two dosage strengths of 100 mg and 200 mg.

Cefpodoxime Proxetil is a third-generation cephalosporin antibiotic, which has broad-spectrum activity against organisms causing infectious diseases.

With limited generic competition in this product, Orchid hopes to garner a sizeable market share and revenues in the US market, the company said Friday.

Source: IANS
MED/P
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