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

ED Attaches Properties Worth ₹16 Crore In Apexa Group Ponzi Fraud Case
ED Attaches Properties Worth ₹16 Crore In Apexa Group Ponzi Fraud Case
Pride Hotels Gets SEBI Nod For ₹1,000 Crore IPO, Funds For Renovation, Debt Repayment & Expansion
Pride Hotels Gets SEBI Nod For ₹1,000 Crore IPO, Funds For Renovation, Debt Repayment & Expansion
EU GSP Suspension Impacts Only 2.66% Of India's Exports To Bloc: Commerce Ministry
EU GSP Suspension Impacts Only 2.66% Of India's Exports To Bloc: Commerce Ministry
RBI Injects Over ₹2 Lakh Crore To Support Banking System Liquidity
RBI Injects Over ₹2 Lakh Crore To Support Banking System Liquidity
Adani Power Raises ₹7,500 Crore Via NCD Issue With Strong Demand From Domestic Investors
Adani Power Raises ₹7,500 Crore Via NCD Issue With Strong Demand From Domestic Investors