Aurobindo Pharma Gets USFDA Nod for Fungal Infections Tablets



BANGALORE: Aurobindo Pharma   has received approval from the U.S. health regulator to manufacture and market generic Voriconazole tablets used for the treatment of fungal infections.

The company has received final approval from the U.S. Food & Drug Administration (USFDA) to manufacture and market Voriconazole tablets in the strengths of 50 mg and 200 mg, Aurobindo Pharma said in a statement.

 It expects to launch the product, generic version of PF Prism C V's Vfend tablets in the same strengths, by March end. "The approved product has an estimated market size of $103 million for the twelve months ending November 2015 according to IMS," the company said.

Aurobindo has 233 Abbreviated New Drug Application (ANDA) approvals, (202 final approvals including 10 from Aurolife Pharma LLC and 31 tentative approvals) from USFDA

 Aurobindo Pharm stock price   

 On January 27, 2016, Aurobindo Pharma closed at 801.85, down 16, or 1.96 percent. The 52-week high of the share was 891.50 and the 52-week low was 490.50.

The company's trailing 12-month (TTM) EPS was at 25.26 per share as per the quarter ended September 2015. The stock's price-to-earnings (P/E) ratio was 31.74. The latest book value of the company is 94.54 per share. At current value, the price-to-book value of the company is 8.48.

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Source: PTI