Financial Wire

Alembic Pharmaceuticals Gets Final Nod from US FDA for Methotrexate Injection

-- Alembic Pharmaceuticals (NSE:APLLTD, BOM:533573) has received final approval from the US Food and Drug Administration (US FDA) for Methotrexate Injection in multi-dose vials and single-dose vials, according to a Thursday filing to the Indian stock exchanges.

The methotrexate injection, Hospira's reference listed drug product Methotrexate Injection, is a folate analog metabolic inhibitor indicated for neoplastic diseases.

It is also used to treat rheumatoid arthritis, polyarticular juvenile idiopathic arthritis, and severe psoriasis.

The company's shares were up nearly 2% in recent trade.

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