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Home business Saridon Tablet: Piramal Enterprises’ Saridon tablet is out of restricted list
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Saridon Tablet: Piramal Enterprises’ Saridon tablet is out of restricted list

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New Delhi: The drug maker Piramal Enterprises Ltd on Thursday said that the Supreme Court has removed the painkiller tablet Saridon’s name from the list of banned drugs (FDC). The company told the stock market that the apex court has ruled in favor of the Saridon.

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The company said, "The Supreme Court had stayed the ban on Piramal's Saridon in September 2018, so that it got the approval to continue manufacturing, distribution and sale of this FDC." Piramal Enterprises said that the Saridon has been in the market since the last 50 years The Heritage brand in which the customer trusts.

On the order of the court, Nandini Piramal, executive director of the company said, "We are happy with the order of the Supreme Court." It proves our commitment to providing effective and safe medical solutions to the specific needs of Indian consumers. We believe that the law will remain in our favor. "The government had put 328 FDCs, including the saridon, in the restricted list in September last year.

Piramal said that he will continue to enhance the portfolio of his healthcare product. The company wants to come in top 3 over the counter product companies by 2020. According to the company, the country's annualized market is 6450 crores. In this, the market for Analgesic tablet was Rs 2050 crores by December 2018. According to Piramal Enterprises, 31 Saridon is sold in 1 second.

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