Glenmark Pharma gets USFDA nod for generic drug

Glenmark Pharma gets USFDA nod for generic drug

The approval granted by the US Food & Drug Administration (USFDA) is for bicardipine hydrochloride capsules of strengths 20 mg and 30 mg, Glenmark said in a statement.

PTIUpdated: Monday, December 19, 2022, 01:19 PM IST
article-image
Glenmark Pharma gets USFDA nod for generic drug | Photo credit: Twitter

Glenmark Pharmaceuticals Ltd on Monday said it has received final approval from the US health regulator for its generic nicardipine hydrochloride capsules used to treat high blood pressure and to control angina.

The approval granted by the US Food & Drug Administration (USFDA) is for bicardipine hydrochloride capsules of strengths 20 mg and 30 mg, Glenmark said in an exchange filing.

These are the generic version of Cardene capsules 20 mg and 30 mg of Chiesi USA, Inc, it added.

These will be distributed in the US by Glenmark Pharmaceuticals Inc, USA, the company said.

For the 12-month period ended October 2022, the Cardene capsules 20 mg and 30 mg achieved annual sales of approximately USD 10.9 million, the company said citing IQVIATM sales data.

RECENT STORIES

Lodha Developers To Launch ₹14k Cr Worth Housing Projects In 2nd Half Of FY26

Lodha Developers To Launch ₹14k Cr Worth Housing Projects In 2nd Half Of FY26

Gold Could Retest Record Highs As Traders Eye Powell's Speech, RBI Policy: Analysts

Gold Could Retest Record Highs As Traders Eye Powell's Speech, RBI Policy: Analysts

Udyogini Yojana: A Big Opportunity For Women Entrepreneurs, Find Out How You Can Get A Loan Up to...

Udyogini Yojana: A Big Opportunity For Women Entrepreneurs, Find Out How You Can Get A Loan Up to...

NSE, BSE Impose ₹5.42 Lakh Penalty On MTNL For Violating SEBI Board Composition Rules

NSE, BSE Impose ₹5.42 Lakh Penalty On MTNL For Violating SEBI Board Composition Rules

Netbanking 2.0 To Make Online Payments Faster, NPCI’s New ‘Banking Connect’ Brings QR Payments...

Netbanking 2.0 To Make Online Payments Faster, NPCI’s New ‘Banking Connect’ Brings QR Payments...