Indoco Remedies on Thursday said it has received approval from the US health regulator to market a generic diabetes medication

The company's product is the generic equivalent of Invokamet tablets.

Indoco said it plans to produce the medication at its manufacturing facility in Goa.

Canagliflozin and Metformin Hydrochloride Tablets are used to treat type 2 diabetes mellitus.

"This milestone underscores our commitment to bringing affordable and effective treatment options to patients managing type 2 diabetes," Indoco Remedies MD Aditi Panandikar said.