The invention relates to lyophilized formulation comprising paracetamol, detoxifying agent, pharmaceutically acceptable excipients, and, optionally comprising a stabilizer. The invention also provides a method of producing a stable, sterile pharmaceutical product comprising lyophilized paracetamol. The present invention provides advantages over the prior art by providing stable lyophilized paracetamol compositions that can be easily transported, stored and distributed without any problems of oxidation and cumbersome manufacturing associated with aqueous liquid paracetamol injection.
