Dr. Reddy's Laboratories Announces the Launch of Dimethyl Fumarate Delayed-Release Capsules in the U.S. Market
Dr. Reddy's Laboratories has launched Dimethyl Fumarate Delayed-Release Capsules, a generic equivalent of Tecfidera®, approved by the U.S. FDA. The launch addresses a significant market, with U.S. sales of the Tecfidera® brand reaching approximately $3.8 billion for the twelve months ending June 2020, according to IQVIA Health. The new capsules are available in 120 mg and 240 mg strengths, offered in bottles of 14 and 60 capsules. This development expands Dr. Reddy's generics portfolio aimed at providing affordable medicines.
- Launch of Dimethyl Fumarate Delayed-Release Capsules provides a new revenue stream.
- The product targets a lucrative market, with Tecfidera® generating approximately $3.8 billion in sales.
- None.
HYDERABAD, India & PRINCETON, N.J.--(BUSINESS WIRE)--Dr. Reddy’s Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY, along with its subsidiaries together referred to as “Dr.Reddy’s”) today announced the launch of Dimethyl Fumarate Delayed-Release Capsules, a therapeutic equivalent generic version of Tecfidera® (dimethyl fumarate) Delayed-Release Capsules, approved by the U.S. Food and Drug Administration (USFDA).
The Tecfidera® brand and generic market had U.S. sales of approximately
Dr. Reddy’s Dimethyl Fumarate Delayed-Release Capsules are available in 120 mg and 240 mg capsules in bottle count sizes of 14 and 60 capsules, respectively.
Please see full prescribing information.
https://www.drreddys.com/pi/dimethyl-fumarate.pdf
Tecfidera® is a trademark of Biogen.
*IQVIA Retail and Non-Retail MAT June 2020
RDY-0820-312
About Dr. Reddy’s: Dr. Reddy’s Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY) is an integrated pharmaceutical company, committed to providing affordable and innovative medicines for healthier lives. Through its three businesses - Pharmaceutical Services & Active Ingredients, Global Generics and Proprietary Products – Dr. Reddy’s offers a portfolio of products and services including APIs, custom pharmaceutical services, generics, biosimilars and differentiated formulations. Our major therapeutic areas of focus are gastrointestinal, cardiovascular, diabetology, oncology, pain management and dermatology. Dr. Reddy’s operates in markets across the globe. Our major markets include – USA, India, Russia & CIS countries, and Europe. For more information, log on to: www.drreddys.com
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