Shasun Pharmaceuticals on Monday said it has received US health regulator’s nod to market pain relief drug Carisoprodol in the US market.
In a BSE filing, Shasun Pharmaceuticals said, “It has received approval from the United States Food and Drug Administration (US FDA) for Carisoprodol tablets.”
The approval is for the 250 mg and 350 mg strengths.
Shasun Pharma said Carisoprodol tablets of 250 mg and 350 mg have sales of approximately $38 million.
“While the 350 mg has a few generic players, Shasun expects to be the first marketed generic player in the USD 16 million Carisoprodol tablets of 250 mg opportunity,” it added.
Shasun Pharmaceuticals said the product will be manufactured at its Puducherry plant and distributed through a partner. It’s expected to be launched shortly.
The stock of Shasun Pharmaceuticals was trading at Rs 404.60 on BSE, up 1.67 per cent, from its previous close.