The U.S. Food and Drug Administration approved reformulated ranitidine tablets, “marking the return of this important acid-reducing medication to the U.S. market after a five-year absence,” the agency announced. The approval follows extensive safety testing and manufacturing improvements that address previous concerns about N-nitrosodimethylamine impurity formation during the product’s shelf-life. Ranitidine, an H2 receptor antagonist, is widely used to treat conditions including gastroesophageal reflux disease, peptic ulcers, and Zollinger-Ellison syndrome.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GSK:
- GSK upgraded to Neutral from Underperform at BofA
- GlaxoSmithKline’s Mixed Outlook: Balancing Product Launches and Patent Challenges
- RFK told CDC to change website language on autism and vaccines, NYT reports
- Video: Gap jumps after strong comparable sales growth
- AnaptysBio initiates litigation against GSK subsidiary Tesaro
