Wockhardt enters billion-dollar anti-allergic Zyrtec market in the US

02 Jan 2008

1

Wockhardt Ltd has announced the launch of cetirizine tablets in the US market. The company received the ANDA from the US Food & Drug Administration (US FDA) for marketing the tablets containing 5mg and 10mg cetirizine hydrochloride, which is used for treating various forms of allergy.

Cetirizine is the generic name for the brand Zyrtec, sold in the US by Pfizer. The total market for cetirizine tablets in the US is $1.4 billion. Recently the product has been switched from 'prescription only' to OTC status and this is expected to significantly increase the potential for the product.

"Wockhardt is amongst the first companies to get the US FDA approval for this product as soon as the patent expired. Wockhardt USA Inc. has entered into a strategic marketing alliance with Leiner Health Products to market this product in the private label OTC markets," said the Wockhardt chairman Habil Khorakiwala.

With the recently acquired the US firm Morton Grove Pharmaceuticals, (See: Wockhardt acquires US pharma firm Morton Grove Pharmaceuticals) and its own subsidiary Wockhardt USA Inc. this product will be marketed in addition to the 56 products that Wockhardt already markets in the US generic pharmaceutical market. Wockhardt is thus emerging as a fully focused generic pharmaceutical supplier of medicines with innovative drug delivery system in sterile injectibles and generic liquid products.

Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers