PRINCETON, N.J. & GURGAON, India--(BUSINESS WIRE)-- Ranbaxy Pharmaceuticals Inc., a wholly owned subsidiary of Ranbaxy Laboratories Ltd. (RLL, NSE: RANBAXY, BSE: 500359) (“Ranbaxy”), has launched an authorized generic version of Caduet® in the U.S. market, as part of an agreement with Pfizer Inc.
Caduet® is a fixed-dose combination of Atorvastatin-Amlodipine besylate (presently marketed by Pfizer under the brand Caduet®, which also contains a crystalline form of Atorvastatin). The product is indicated for patients suffering from both, high blood pressure and high levels of cholesterol. Caduet® generated total annual sales of $339 million in the U.S. (IMS – MAT September 2011).
Ranbaxy is making available the full range of the generic version of Caduet®.
Mr. Venkat Krishnan, Sr. Vice President & Regional Director, Americas, Ranbaxy, said, “The introduction of Atorvastatin-Amlodipine besylate tablets is a significant and important addition to our portfolio of cardio-vascular products, in the U.S. The launch further complements our resolve to bring high quality, affordable generic medicines as early as possible to the U.S. healthcare system, benefitting a wider cross-section of people.”
Ranbaxy Pharmaceuticals Inc. (RPI) based in Jacksonville, Florida U.S.A., is a wholly owned subsidiary of Ranbaxy Laboratories Limited (RLL), India’s largest pharmaceutical company. RPI is engaged in the sale and distribution of generic and branded prescription products in the U.S. healthcare system.
Ranbaxy Laboratories Limited, India's largest pharmaceutical company, is an integrated, research based, international pharmaceutical company producing a wide range of quality, affordable generic medicines, trusted by healthcare professionals and patients across geographies. Ranbaxy’s continued focus on R&D has resulted in several approvals, in developed and emerging markets many of which incorporate proprietary Novel Drug Delivery Systems (NDDS) and technologies, developed at its own labs. The company has further strengthened its focus on generics research and is increasingly working on more complex and specialty areas. Ranbaxy serves its customers in over 125 countries and has an expanding international portfolio of affiliates, joint ventures and alliances, ground operations in 46 countries and manufacturing operations in 7 countries. Ranbaxy is a member of the Daiichi Sankyo Group. Through strategic in-licensing opportunities and its hybrid business model with Daiichi Sankyo, a leading global pharma innovator headquartered in Tokyo, Japan, Ranbaxy is introducing many innovator products in markets around the world, where it has a strong presence. This is in line with the company’s commitment to increase penetration and improve access to medicines, across the globe. For more information, please visit www.ranbaxy.com.
* Caduet® is a registered trademark of Pfizer.
Ranbaxy Pharmaceuticals Inc.
Ramesh Adige, +91-124-4135000
President - Corporate Affairs and
Global Corporate Communications
Raghu Kochar, +91-124-4135141
Krishnan Ramalingam, +91-124-4135143
General Manager - Corporate Communications
Chuck Caprariello, 609-720-5615
Vice President, Corporate Communications and Government Affairs
KEYWORDS: United States Asia Pacific North America New Jersey India
INDUSTRY KEYWORDS: Health Biotechnology Pharmaceutical Research Science