Sun rises 3% as it eyes up chunk of US dry eye market

16 August 2018

India's largest drugmaker, Sun Pharmaceutical (BSE: 524715), closed more than 3% up on Thursday after the US Food and Drug Administration (FDA) approved its ophthalmic drug Cequa (cyclosporine ophthalmic solution).

Cequa is the highest FDA-approved concentration of cyclosporine A (CsA) and is the first and only CsA therapy incorporating nanomicellar technology.

It is indicated to increase tear production in patients with keratoconjunctivitis sicca, a condition more commonly known as dry eye disease.

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