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Alembic Pharmaceuticals shares gained 3 percent intraday Tuesday on receiving approval from the US health regulator for drug that treats overactive bladder.
The pharma company has received approval from the US Food and Drug Administration for its abbreviated new drug application (ANDA) Darifenacin extended-release tablets, 7.5 mg and 15 mg.
The drug is therapeutically equivalent to Enablex of Allergan Pharmaceuticals.
This drug is used for treatment of overactive bladder with symptoms of urge urinary incontinence, urgency and frequency.
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