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Granules India Limited announces approval of Acetaminophen, Aspirin and Caffeine Tablets (OTC)

Posted On: 2021-02-24 00:20:48 (Time Zone: Arizona, USA)


Granules India Limited announced today that the US Food & Drug Administration (US FDA) has approved its Abbreviated New Drug Application (ANDA) for Acetaminophen, Aspirin and Caffeine Tablets USP, 250 mg/250 mg/65 mg (OTC). It is bioequivalent to the reference listed drug product (RLD), Excedrin Migraine Tablets, 250 mg/250 mg/65 mg, of GlaxoSmithKline Consumer Healthcare. The product would be manufactured at our Hyderabad facility and is expected to be launched shortly.

"We are pleased to announce approval of Acetaminophen, Aspirin and Caffeine Tablets, emphasizing our focus on building sustainable OTC product portfolio in the US market. We received approval for this triple combination product within 14 months from filing. With this, we have received three ANDA approvals over the past month." said Priyanka Chigurupati, Executive Director, Granules Pharmaceuticals, Inc., commenting on the approval.

Acetaminophen, Aspirin and Caffeine Tablets are indicated for the treatment of migraine.

Granules now has a total of 38 ANDA approvals from US FDA (37 Final approvals and 1 tentative approval)

Excedrin is a trademark of GSK Consumer Healthcare S.A.

Shares of GRANULES INDIA LTD. was last trading in BSE at Rs.321.85 as compared to the previous close of Rs. 321.45. The total number of shares traded during the day was 106472 in over 4571 trades.

The stock hit an intraday high of Rs. 327 and intraday low of 315.1. The net turnover during the day was Rs. 34222048.


Source: Equity Bulls

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