Wockhardt to launch anti-epileptic injection, Fosphenytoin, in the US

Wockhardt Ltd has announced that the Company has received the US FDA approval for marketing Fosphenytoin injections containing 50mg Phenytoin equivalents / ml. This injectible is used for treating complicated forms of epileptic seizures, where oral medicines cannot be administered.

Wockhardt USA Inc., the US subsidiary of the Company, will be launching the Fosphenytoin in the US, on August 06, 2007; a day after the patent expires on August 05th. Fosphenytoin is the generic name for the brand Cerebyx, sold in the US by Eisai Inc & Pfizer. As per IMS, the US market for Fosphenytoin injection is about $ 73 million.

Says the Company's Chairman Habil Khorakiwala, "Fosphenytoin will be our third product to be launched on Day-1 after patent expiry. It is a very significant addition to our sterile portfolio for the US market. Now with six injections being marketed by us, our varied portfolio will enable us to expand our presence in the United States".

Wockhardt USA Inc. currently markets twenty-two products in the US.

The Fosphenytoin injections are manufactured at the US FDA certified formulation plant at Waluj, Maharashtra. This product was developed in-house.

Source : Equity Bulls

Keywords