DETROIT, May 14 /PRNewswire-FirstCall/ -- Caraco Pharmaceutical Laboratories, Ltd. (NYSE Amex: CPD) has recently launched oxycodone hydrochloride tablets on behalf of Sun Pharmaceutical Industries Inc., a subsidiary of Sun Pharmaceutical Industries Ltd. (Sun Pharma), following Sun Pharma's recently received approval from the US Food and Drug Administration (FDA) for its Abbreviated New Drug Application (ANDA) for generic Roxicodone(R) tablets.
Oxycodone hydrochloride tablets are an immediate-release oral formulation of oxycodone hydrochloride indicated for the management of moderate to severe pain where the use of an opioid analgesic is appropriate. These generic versions of oxycodone 5 mg, 15 mg, and 30 mg tablets are therapeutically equivalent to Roxicodone(R) tablets from Xanodyne Pharmaceuticals Inc. According to IMS Data, these strengths of oxycodone tablets had US sales of approximately $160 million for the calendar year of 2008.
Daniel H. Movens, Caraco's Chief Executive Officer, said, "We are pleased to add this product to our portfolio and help address the current shortage in the marketplace by launching oxycodone tablets. We continue to focus on working towards expanding our product offerings both as a marketing partner and through our own development pipeline of products as quickly and effectively as possible."
Roxicodone(R) is a registered trademark of Xanodyne Pharmaceuticals Inc.
Detroit-based Caraco Pharmaceutical Laboratories, Ltd., develops, manufactures, markets and distributes generic and private-label pharmaceuticals to the nation's largest wholesalers, distributors, drugstore chains and managed care providers.
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