18 Jun, EOD - Indian

Nifty Bank 55828.75 (0.21)

Nifty Next 50 66788.7 (-0.31)

Nifty IT 39030.9 (-0.83)

SENSEX 81444.66 (-0.17)

Nifty Smallcap 100 18378.45 (-0.23)

Nifty Pharma 21588.4 (-0.16)

Nifty 50 24812.05 (-0.17)

Nifty Midcap 100 58109.2 (-0.46)

18 Jun, EOD - Global

NIKKEI 225 38885.15 (0.90)

HANG SENG 23710.69 (-1.12)

S&P 6019.39 (0.26)


Hot Pursuit News

You are Here : Home > News > Hot Pursuit News >

(17 Dec 2024, 11:36)

Granules arm gets USFDA nod for ADHD drug

Granules India announced that its wholly-owned foreign subsidiary, Granules Pharmaceuticals Inc. (GPI), has received approval from the US drug regulator for its abbreviated new drug application (ANDA) for Lisdexamfetamine Dimesylate chewable tablets.


The approved drug is available in multiple strengths: 10 mg, 20 mg, 30 mg, 40 mg, 50 mg, and 60 mg.

This generic drug product has been determined to be bioequivalent (AB Rating) to the reference listed drug, Vyvanse chewable tablets by Takeda Pharmaceuticals USA Inc.

Lisdexamfetamine dimesylate chewable tablets are indicated for the treatment of attention deficit hyperactivity disorder (ADHD) in adults and pediatric patients aged six years and older, as well as moderate to severe binge eating disorder (BED) in adults.

The approved drug is currently published on the FDA drug shortages list, emphasizing their critical role in patient care.

Dr Krishna Prasad Chigurupati, chairman & managing director of Granules, said, "This milestone reflects our unwavering commitment to addressing unmet patient needs by delivering high-quality, affordable medications. With this approval, GPI reinforces its dedication to alleviating critical drug shortages in the U.S. healthcare market."

Granules India now holds 68 ANDA approvals, including 30 ANDAs from GPI.

Granules India is primarily involved in the manufacturing and selling of active pharmaceutical ingredients (APIs), pharmaceutical formulation intermediates (PFIs), and finished dosages (FDs).

Granules India consolidated net profit fell 4.79% to Rs 97.23 crore on 18.74% decline in total revenue from operations to Rs 966.62 crore in Q2 FY25 over Q2 FY24.

The scrip rose 0.13% to currently trade at Rs 585.10 on the BSE.

More News
More Company News View Company Information

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +