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Aurobindo cleared to market Xanax generic

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DAYTON, N.J. — Aurobindo Pharma Ltd. has gained Food and Drug Administration approval for alprazolam tablets, a medication for anxiety.

Aurobindo said its alprazolam product — available in dosages of 0.25 mg, 0.5 mg, 1 mg and 2 mg — is a generic version of Xanax tablets from Pfizer Inc.

Part of a group of drugs known as benzodiazepines, alprazolam works by slowing down the movement of chemicals in the brain that may become unbalanced, resulting in a reduction in nervous tension. The medication is used for the treatment of anxiety disorders as well as panic disorders and anxiety caused by depression.

Alprazolam had U.S. sales of approximately $102.7 million for the 12 months ended in June 2015, according to IMS Health data reported by Aurobindo.


ECRM_06-01-22


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