Benzinga | Sep 25, 2020 05:36AM EDT

Dr. Reddy's Launches Dexmedetomidine Hydrochloride in 0.9% Sodium Chloride Injection in the U.S. Market

Dr. Reddy's Laboratories Ltd. (NYSE:RDY)) today announced the launch of Dexmedetomidine Hydrochloride in 0.9% Sodium Chloride Injection, a therapeutic equivalent generic version of Precedex(r) (dexmedetomidine hydrochloride) in 0.9% Sodium Chloride Injection, approved by the U.S. Food and Drug Administration (USFDA).

"We are pleased to bring this important generic product to market, making it affordableand readily availablefor patients," says Marc Kikuchi, Chief Executive Officer, North America Generics, Dr. Reddy's Laboratories. "Our ability to adequately supply Dexmedetomidine is important for patients as it is on the FDA's Drug Shortage list."

The Precedex(r) in 0.9% Sodium Chloride Injection brand and generic market had U.S. sales of approximately $210 million MAT for the most recent twelve months ending in June 2020 according to IQVIA Health*.

Dr. Reddy's Dexmedetomidine Hydrochloride in 0.9% Sodium Chloride Injection is available in 200 mcg/50 mL (4 mcg/mL) and 400 mcg/100 mL (4 mcg/mL) in 50 mL and 100 mL clear glass vials, respectively. The strength is based on the dexmedetomidine base. Containers are intended for single-dose only.