Glenmark Pharmaceuticals receives ANDA approval for Acetaminophen and Ibuprofen Tablets, 250 mg/125 mg

Glenmark Pharmaceuticals Ltd. (Glenmark) has received final approval by the United States Food & Drug Administration (U.S. FDA) for Acetaminophen and Ibuprofen Tablets, 250 mg/125 mg (OTC), determined by the FDA to be bioequivalent1 to Advil®2 Dual Action with Acetaminophen Tablets, 250 mg/125 mg (OTC), of Haleon US Holdings, LLC. Glenmark's Acetaminophen and Ibuprofen Tablets, 250 mg/125 mg (OTC), will be distributed in the U.S. by Glenmark Therapeutics Inc., USA.

According to Nielsen® syndicated data for the latest 52 weeks period ending March 23, 2024, the Advil® Dual Action with Acetaminophen Tablets, 250 mg/125 mg (OTC) market3 achieved annual sales of approximately $84.1 million*.

Glenmark's current portfolio consists of 195 products authorized for distribution in the U.S. marketplace and 52 ANDA's pending approval with the U.S. FDA. In addition to these internal filings, Glenmark continues to identify and explore external development partnerships to supplement and accelerate the growth of its existing pipeline and portfolio.

Shares of Glenmark Pharmaceuticals Limited was last trading in BSE at Rs. 1071.65 as compared to the previous close of Rs. 1080.05. The total number of shares traded during the day was 19082 in over 1236 trades.

The stock hit an intraday high of Rs. 1098.00 and intraday low of 1063.65. The net turnover during the day was Rs. 20659368.00.

Source : Equity Bulls

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GlenmarkPharmaceuticals INE935A01035 USFDA Approval Acetaminophen Ibuprofen OTC Tablets