Hotline: 1800 102 2007
Hotline: 1800 102 2007
Mar, 29 2018

Glenmark Pharmaceutical gets USFDA nod for psoriasis spray

The company's portfolio consists of 131 products authorised for distribution in the US market and 63 ANDA's pending approval with the USFDA.

Glenmark Pharmaceutical gets USFDA nod for psoriasis spray

The US-based Pharmaceuticals Glenmark has confirmed to have received the final nod from US health regulator for its Clobetasol Propionate spray used for the treatment of moderate to severe plaque psoriasis in adults.

Glenmark Pharmaceuticals received approval by the United States Food & Drug Administration (USFDA) for Clobetasol Propionate spray 0.05 percent, the company said in a statement.

The product is a generic version of Galderma Laboratories L P's Clobex spray in the same strength, it added.

This product will be manufactured at the Glenmark's Baddi plant in Himachal Pradesh.

"As per IQVIA sales data for the 12 month period ending January 2018, the Clobex spray, 0.05 percent market that includes brand and all available therapeutic equivalents achieved annual sales of approximately USD 30.5 million," it said.

The company's portfolio consists of 131 products authorised for distribution in the US market and 63 ANDA's pending approval with the USFDA.

The company's stock was trading 0.12 per cent up at Rs 539.95 on BSE.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Superstores
    HIND MARKETS IS A FIVE DECADE OLD FAMILY BUSINESS ESTABLISHED..
    Locations looking for expansion Gujarat
    Establishment year 1972
    Franchising Launch Date 2019
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahemdabad Gujarat
  • Quick Service Restaurants
    Started as Wraps & Rice in 2009, The brand has..
    Locations looking for expansion Haryana
    Establishment year 2018
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Ad Agencies & Collection Centres
    The brand deals with conduction of various events, related to..
    Locations looking for expansion Haryana
    Establishment year 1988
    Franchising Launch Date 2020
    Investment size Rs. 5lac - 10lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Cab Services
    About Us: Jugnoo started as India’s first Auto-rickshaw Aggregator which is Funded..
    Locations looking for expansion Chandigarh
    Establishment year 2014
    Franchising Launch Date 2018
    Investment size Rs. 2lac - 5lac
    Space required 00
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Chandigarh Chandigarh
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities