Suvorexant is a prescription drug used for treating insomnia in adults. It acts on the central nervous system to regulate the sleep-wake cycle, helping patients achieve better sleep onset and maintenance. Shares of Bajaj Healthcare Ltd ended at ₹482.60, up by ₹2.95, or 0.62%, on the BSE.
Bajaj Healthcare Ltd on Saturday (October 4) said it has received approval from the Subject Expert Committee (SEC) (Neurology & Psychiatry) of the Central Drugs Standard Control Organisation (CDSCO) to conduct Phase III clinical trials of Suvorexant Tablets in India. The trials will be conducted for tablet strengths of 5 mg, 10 mg, 15 mg, and 20 mg.
The company is the first in India to secure this regulatory clearance for Suvorexant, marking a significant milestone in its drug development journey.
Suvorexant is a prescription drug used for treating insomnia in adults. It acts on the central nervous system to regulate the sleep-wake cycle, helping patients achieve better sleep onset and maintenance.
Also Read: Bajaj Healthcare Q1 Results | Net profit soars 66% despite margin pressure, revenue up 13%
The upcoming Phase III clinical trials will assess the efficacy, safety, and tolerability of Suvorexant across a broad patient base. This will be the final stage before regulatory submission. Upon successful completion, Bajaj Healthcare plans to seek marketing authorisation in select markets and move toward commercial launch.
Anil Jain, Managing Director, Bajaj Healthcare, said, "We are encouraged by the SEC’s recommendation and remain committed to advancing Suvorexant through the final stages of clinical development.
With our robust R&D infrastructure and GMP-compliant manufacturing capabilities, we are confident in our ability to deliver high-quality, impactful CNS solutions to patients worldwide."
Also Read: Bajaj Healthcare Q3 Results: Swings to profit, revenue jumps 13% on-year
Shares of Bajaj Healthcare Ltd ended at ₹482.60, up by ₹2.95, or 0.62%, on the BSE.
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