Zydus Cadila receives final approval from USFDA for Vortioxetine Tablets

Zydus Cadila has received final approval from the USFDA to market Vortioxetine Tablets in the strengths of 5 mg, 10 mg, 20 mg (US RLD: Trintellix Tablets). Vortioxetine is used to treat depression. It works by helping to restore the balance of a certain natural substance (serotonin) in the brain. Vortioxetine is an SSRI (selective serotonin reuptake inhibitor) and serotonin receptor modulator. The drug will be manufactured at the group's formulation manufacturing facility at the SEZ, Ahmedabad.

The group now has 322 approvals and has so far filed over 400 ANDAs since the commencement of the filing process in FY 2003-04.

Shares of Cadila Healthcare Ltd. was last trading in BSE at Rs. 557.95 as compared to the previous close of Rs. 564.25. The total number of shares traded during the day was 765513 in over 7026 trades.

The stock hit an intraday high of Rs. 565.4 and intraday low of 551.45. The net turnover during the day was Rs. 426998384.

Source : Equity Bulls

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