Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From May 17, 2024

Glenmark Pharmaceuticals Gets USFDA Approval For Ophthalmic Solution

Glenmark Pharmaceuticals Gets USFDA Approval For Ophthalmic Solution
Glenmark Pharmaceuticals Ltd.'s manufacturing facility (Source: Company website)
STOCKS IN THIS STORY
Glenmark Pharmaceuticals Ltd.
--
Nifty MidSmall India Consumption
--

Glenmark Pharmaceuticals Ltd on Friday said it has received final approval from the US health regulator for its generic brimonidine tartrate and timolol maleate ophthalmic solution indicated in the treatment increased pressure in the eye caused by glaucoma or other conditions.

The final approval by the US Food & Drug Administration is for brimonidine tartrate and timolol maleate ophthalmic solution of strength 0.2%/0.5%, Glenmark said in a statement.

The company's brimonidine tartrate and timolol maleate ophthalmic solution, 0.2%/0.5% has been determined by the USFDA to be bioequivalent and therapeutically equivalent to Combigan ophthalmic solution, 0.2%/0.5% of AbbVie, Inc, it added.

The solution will be distributed in the US by Glenmark Pharmaceuticals Inc, USA, it added.

Combigan ophthalmic solution, 0.2%/0.5% achieved annual sales of approximately $290 million, the company said citing IQVIATM sales data for the 12-month period ended March 2024.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search