Dr Reddy's launches antibiotic drug in US market
Mar 05 2014 , Hyderabad
The drug was launched yesterday following the approval by the United States Food & Drug Administration (USFDA), DRL said in a press release today.
The tablets, a generic version of Avelox 400 mg, are available in bottle counts of 30, it said.
Bayer's Avelox is indicated for the treatment of community acquired pneumonia (CAP), acute exacerbations of chronic bronchitis (AECB), acute bacterial sinusitis (ABS), uncomplicated and complicated skin and skin structure infections (uSSSI and cSSSI), mild to moderate pelvic inflammatory disease (PID), and complicated intra-abdominal infections (cIAI), according to Avelox official website.
According to IMS Health, Avelox (moxifloxacin HCl) tablets had a sales figure of approximately $195 millions in 2013, the release said.
Shares of DRL were trading at Rs 2,800 apiece on the BSE during afternoon trade.