Zydus Lifesciences Limited (formerly known as Cadila Healthcare Limited) has received final approval from the United States Food and Drug Administration (USFDA) to market Triazolam Tablets USP, 0.125 mg and 0.25 mg (USRLD: HALCION® tablets).
Triazolam tablets are used on a short-term basis to treat insomnia (difficulty falling asleep or staying asleep). It works by slowing activity in the brain to allow sleep. The drug will be manufactured at the group's formulation manufacturing facility at Moraiya, Ahmedabad, India.
Triazolam tablets had annual sales of USD 11.7 million in the United States according to IQVIA data (IQVIA MAT Sept. 2022).
The group now has 339 approvals and has so far filed over 431 ANDAs as of 30th September 2022 since the commencement of the filing process in FY 2003-04.
Shares of Cadila Healthcare Limited was last trading in BSE at Rs. 419.85 as compared to the previous close of Rs. 417.35. The total number of shares traded during the day was 38555 in over 2498 trades.
The stock hit an intraday high of Rs. 421.95 and intraday low of 413.45. The net turnover during the day was Rs. 16137709.00.