Taro Pharmaceutical Industries has received US Food and Drug Administration (FDA) approval for Imiquimod cream 5%.

Imiquimod cream, which is used for treatment of actinic keratosis and external genital warts, has the same biological property as that of Aldara cream, a product made by Graceway Pharmaceuticals.

As per industry estimates, Imiquimod cream had annual sales of about $340m in the US.

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