-- Aurobindo Pharma (NSE:AUROPHARMA, BOM:524804) has received final approval from the US Food and Drug Administration (US FDA) to manufacture and market Glycerol Phenylbutyrate Oral Liquid, according to a Friday filing to the Indian stock exchanges.
The drug is bioequivalent and therapeutically equivalent to Horizon Therapeutics' reference-listed drug Ravicti Oral Liquid. It will be manufactured in the company's third unit and will be launched immediately.
Glycerol Phenylbutyrate is used as a nitrogen-binding agent for chronic management of patients with urea cycle disorders.
According to IQVIA's estimates, Horizon has an estimated market size of $50.2 million for the 12 months ended February.