Lupin Receives USFDA Approval for Divalproex Sodium Delayed-Release Tablets

Lupin Pharmaceuticals, Inc. (LPI), pune based Indian pharma company, announced that it has received final approval for the Company's Abbreviated New Drug Application (ANDA) for Divalproex Sodium Delayed-Release Tablets, 125 mg, 250 mg and 500 mg from the U.S. Food and Drug Administration (USFDA). Lupin's Divalproex sodium delayed-release tablets are the AB-rated generic equivalent of Abbott Laboratories' Depakote(R) tablets, indicated for the treatment of certain types of seizures and convulsions. It may be prescribed alone or with other epilepsy medications. The delayed-release tablets are also used to control the manic episodes that occur in bipolar disorder. Depakote had annual sales of approximately $803 million for the twelve months ended March 2008, based on IMS Health sales data.