+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Glenmark gets USFDA nod to market generic medication

Mar 20, 2023, 10:24 IST
PTI
Representational imageUnsplash
Glenmark Pharmaceuticals on Monday said it has received approval from the US health regulator to market a generic product used to treat schizophrenia and in some cases to control severe nausea. The company has received nod from the US Food & Drug Administration (USFDA) for Prochlorperazine Maleate Tablets USP, 5 mg and 10 mg, the Mumbai-based drug maker said in a statement.
Advertisement

The company's product is the generic version of GlaxoSmithKline's Compazine tablets, it added.

According to IQVIA sales data for the 12-month period ending January 2023, the Compazine tablets 5 mg and 10 mg achieved annual sales of around USD 26.9 million.

Glenmark said its current portfolio consists of 182 products authorised for distribution in the US marketplace and 46 ANDAs (Abbreviated New Drug Applications) pending approval with the USFDA.

SEE ALSO:

Advertisement

HDFC-HDFC Bank merger gets NCLT clearance

Reliance shares down 22% from all-time high: Attractive entry opportunity, says JP Morgan

TCS is an integral part of who I am, I’ll be a part of TCS too as it soars: Rajesh Gopinathan
Next Article