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Dr. Reddy's Launches Generic Lamictal

Following FDA approval of its abbreviated new drug application, or ANDA, Dr. Reddy's Laboratories (NYSE: RDY  ) announced today that it launched its lamotrigine extended-release tablets, the generic version of GlaxoSmithKline's Lamictal. 

Lamotrigine is an anticonvulsant used to treat epilepsy and bipolar disorders. The generic-drug maker said it launched the drug on June 25 and the extended-release tablets are available in dosages of 25 mg, 50 mg, 100 mg, 200 mg, and 300 mg in 30-count bottles.

Dr. Reddy's Labs quotes IMS Health in noting the branded drug had domestic sales of approximately $300.5 million for the trailing 12-month period ending in April.

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9/28/2016 11:38 AM
RDY $47.65 Down -0.18 -0.38%
Dr. Reddy's Labora… CAPS Rating: ****