Dr. Reddy's Launches Generic Lamictal

By Rich Duprey – Jun 26, 2013 at 9:42PM

NYSE: RDY

Dr. Reddy's Laboratories

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$12B

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(-0.44%) -$0.32

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$71.17

Price as of April 24, 2024, 2:03 p.m. ET

Treatment for epilepsy and bipolar disorder had over $300 million in sales in the last 12 months.

Following FDA approval of its abbreviated new drug application, or ANDA, Dr. Reddy's Laboratories (RDY -0.44%) 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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