The company's product is the generic equivalent of Pfizer Inc's Caduet tablets, it added. The Hyderabad-based firm's Amlodipine Besylate and Atorvastatin Calcium tablets are available in bottle counts of 30 and 90, the company said.
Dr Reddy's Laboratories today launched generic version of Pfizer 's Caduet tablets, a cholesterol-lowering drug, in the American market after getting the approval from the US health regulator.
The company has launched Amlodipine Besylate and Atorvastatin Calcium Tablets in the US market following the approval by the United States Food and Drug Administration (USFDA), Dr Reddy's Laboratories said in a statement.
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The company's product is the generic equivalent of Pfizer Inc's Caduet tablets, it added. The Hyderabad-based firm's Amlodipine Besylate and Atorvastatin Calcium tablets are available in bottle counts of 30 and 90, the company said.
According to IMS Health sales data, Caduet tablets brand and generics had US sales of around USD 163 million for the most recent twelve months ending in January 2014. Dr Reddy's Laboratories shares were trading at Rs 2,594 apiece on the BSE in afternoon trade, down 1.60 percent from its previous close.
Dr Reddys Labs stock price
On March 27, 2014, Dr Reddys Laboratories closed at Rs 2587.10, down Rs 48.95, or 1.86 percent. The 52-week high of the share was Rs 2939.80 and the 52-week low was Rs 1732.75.
The company's trailing 12-month (TTM) EPS was at Rs 108.14 per share as per the quarter ended December 2013. The stock's price-to-earnings (P/E) ratio was 23.92. The latest book value of the company is Rs 457.56 per share. At current value, the price-to-book value of the company is 5.65.
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