Cadila Healthcare (Zydus Cadila) on Friday informed that the company has received final approval from the US regulator, US Food and Drug Administration (USFDA) to market Budesonide Capsules in 3 mg (Enteric Coated).

The drug is a corticosteroid used for its anti-inflammatory action.

It will be produced at the group’s formulations manufacturing facility at the Pharma SEZ in Ahmedabad. The estimated sales for Budesonide is $ 285.8 million (IMS MAT March 2017).

Cadila Healthcare shares gained by over 1 per cent to close at Rs 464 on National Stock Exchange (NSE) on Friday.