Dr Reddy’s Laboratories announced approval of XEGLYZE (abametapir) lotion, 0.74 per cent, a 505(b)(1) NDA by the US Food and Drug Administration (US FDA).
The approval triggers the contractual pre-commercialization milestone of $20 million payable to Hatchtech. XEGLYZE is indicated for the topical treatment of head lice infestation in patients 6 months of age and older. The company is working to commercialize this product through partners.