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Glenmark
Pharmaceuticals Ltd has announced that the Company received
US FDA approval to market Pravastatin Sodium oral tablets
10mg, 20mg and 40mg, a generic version of Bristol Myers
Squibb brand Pravachol that has annual sales of over $861
million.
Pravachol
is one of the most extensively studied drugs of its kind,
used for reducing the risk of first and second heart attack
Glenmark
currently manufactures the finished dose formulation at
its US FDA approved manufacturing facility in Goa, India.
Its US subsidiary, Glenmark Pharmaceuticals Inc, USA (GPI)
is responsible for marketing the product in the US and
will commence supplies of the drug to customers immediately.
In
the preceding month, the company also received US FDA
approval to market the non-steroidal anti-inflammatory
drug naproxen sodium oral tablets EQ 250mg and 500mg base,
a generic version of Roche''s brand Anaprox and Naproxen
oral tables 250mg, 375mg and 500mg, a generic version
of Hoffmann-La Roche AG brand Naprosyn.
The
drugs have annual sales of $13 million and $53 million
respectively. Naproxen is a These drugs are also manufactured
at the Company''s Goa facility and will be marketed in
the US by GPI.
With
these approvals, the Glnmark''s subsidiary GPI will have
15 generic products in the US market. It already has over
35 ANDAs undergoing US FDA approval process / launch.
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