Bafna Pharma gets UK regulator nod for Finasteride tablets

Bafna Pharmaceuticals said it has received UK health regulator's nod to manufacture Finasteride,used in the treatment of enlarged prostate gland.

Drug firm Bafna Pharmaceuticals said it has received UK health regulator’s nod to manufacture Finasteride,used in the treatment of enlarged prostate gland.

The company has received approval from UK Medicines and Healthcare products Regulatory Agency (MHRA) to manufacture Finasteride in the strength of 5 mg,Bafna Pharmaceuticals said in a statement.

“Bafna Pharma has been constantly upgrading its manufacturing facilities to efficiently meet the anticipated demands of the global markets,” Bafna Pharmaceuticals CMD Mahaveer Chand Bafna said.

Story continues below this ad

“The approval from UK MHRA for Finasteride 5 mg will enable Bafna Pharma to widen the customer base in Europe,” he added.

Finasteride 5 mg tablet is a prescription-only medicine (POM) used for the treatment and control of benign prostatic hyperplasia in order to cause regression of an enlarged prostate and improvement of other symptoms.

The Finasteride nod is the company’s 14th approval from UK MHRA,Bafna said.

Shares of Bafna Pharmaceuticals were trading at Rs 48 on Bombay Stock Exchange in late afternoon trade,up 2.02 per cent from its previous close.

A court in Antwerp passed the order initiating the formal process of bringing Choksi back to India. But, he still has options to challenge the order passed by the lower court.

Belgian court clears fugitive jeweller Mehul Choksi’s extradition to India

India4 hr ago

Mehul Choksi, a fugitive diamantaire wanted in India for a Rs 13,000 crore loan fraud case, has been cleared for extradition by a court in Antwerp, Belgium. The Indian government has assured that Choksi will be held in a specific jail complex and provided with basic amenities if extradited. Choksi's extradition proceedings have advanced in Belgium and he has the option to challenge the order.

View all shorts

Live Blog

PHOTOS