Zydus Cadila gets USFDA nod for chemotherapy drug

New Delhi : Drug firm Zydus Cadila said it has received approval from the US health regulator to market methotrexate tablets, a chemotherapy drug, in the American market.

The company has received final approval from the US Food and Drug Administration (USFDA) to market the drug, Zydus Cadila said in a regulatory filing.

The drug will be produced at the group's manufacturing facility in Ahmedabad.

The Gujarat-based group now has more than 105 approvals and has so far filed nearly 275 abbreviated new drug applications (ANDAs) since 2003-04.

Shares of Cadila Healthcare, the group's listed entity, Wednesday ended at Rs 356.35 apiece on the BSE, up 1.87 per cent from previous close.