Drug maker Lupin on Monday said it has launched Mirabegron extended-release tablets (25 mg) in the US market.

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The Mumbai-based drug maker has introduced the medication after receiving an approval from the US Food and Drug Administration (USFDA), Lupin said in a statement.

The company's product is a generic equivalent of Astellas Pharma Global Development, Inc's Myrbetriq extended-release tablets, it added.

Mirabegron extended-release tablets are used to treat certain bladder problems including overactive bladder.

Lupin shares were trading 3.38 per cent up at Rs 1,599.35 apiece on the BSE.