Vivimed Labs Limited receives product approvals for 3 ophthalmic products, 3 oral liquid suspension products

Vivimed Labs Limited ("Vivimed" or the Company), a niche Specialty Chemicals and Pharmaceuticals company, announced today that it received approvals for 3 ophthalmic products from its state of the art sterile Ophthalmic facility and 3 oral liquid suspension products from its PICS & Health Canada approved site, both facilities are situated at Hyderabad.

Ambroxol Hydrochloride Syrup 15mg/5ml100ml under brand name AMBRO Kid

Uses: Ambroxol is a mucolytic agent which reduces the thickness of the sputum. It is used to treat

- Emphysema with bronchitis pneumoconiosis
- Tracheobronchitis
- Acute exacerbations of bronchitis

Salbutamol sulphate, Bromhexine HCI, Guaifenesin, Menthol Expectorant under brand name ASKO EXPECTORANT

Uses: Salbutamol used to treat or prevent bronchospasm in patients with asthma, bronchitis, emphysema, and other lung diseases. This medicine is also used to prevent wheezing caused by exercise (exerciseinduced bronchospasm).

Bromhexine hydrochloride is used to treat breathing difficulties caused by excessive mucus secretions in the air passages associated with respiratory tract infections.

Guaifenesin (Guaiphenesin or Glyceryl Guaiacolate) is an expectorant. It usually solves over the counter and helps treat congestion in your chest and throat by the common cold, infections, or allergies. The medicine is for a cough and cold to make it easier to cough out through your mouth.

Menthol is a topical analgesic. It works by temporarily relieving minor pain.

Terbutaline sulphate, Bromhexine HCI, Guaifenesin, Menthol Expectorant under brand name BROXIMED EXPECTORANT 100ML

Uses: Terbutaline is used to treat breathing ailments symptoms like shortness of breath, chest tightness, wheezing etc.

Bromhexine hydrochloride is used to treat breathing difficulties caused by excessive mucus secretions in the air passages associated with respiratory tract infections.

Guaifenesin (Guaiphenesin or Glyceryl Guaiacolate) is an expectorant. It usually solves over the counter and helps treat congestion in your chest and throat by the common cold, infections, or allergies. The medicine is for a cough and cold to make it easier to cough out through your mouth.

Menthol is a topical analgesic. It works by temporarily relieving minor pain.

Dorzolamide Eye drops 5ml under brand name DORZOVIV

Uses: Dorzolamide is used to treat high pressure inside the eye due to glaucoma (open angle-type) or other eye diseases (e.g., ocular hypertension).

Moxifloxacin eye drops Sml under brand name MOXSIVIV

Uses: Moxifloxacin is a quinolone antibiotic used to treat bacterial eye infections.

Ofloxacin Eye Drops Sml under brand name ZENOFLOKS

Uses: Ofloxacin is a quinolone antibiotic used to treat bacterial eye infections.

Commenting on the Approvals, Ramesh Krishnamurthy, CEO of Vivimed Labs Ltd said, "These 6 approvals mark yet another significant milestone for increasing the exports of Vivimed own brands to multiple countries. Vivimed shall be launching 10+ new products in 03/04 FY 2021. Our purpose is to market innovative & top quality formulations at affordable prices. The approvals are testimony to Vivimed's growth strategy".

Shares of VIVIMED LABS LTD. was last trading in BSE at Rs.16.45 as compared to the previous close of Rs. 16.15. The total number of shares traded during the day was 41605 in over 163 trades.

The stock hit an intraday high of Rs. 16.45 and intraday low of 15.85. The net turnover during the day was Rs. 676580.

Source : Equity Bulls

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