Glenmark secures USFDA okay for Axitinib Tablets

Mumbai: Drug maker, Glenmark Pharmaceuticals Inc., USA, has recently announced that the company has received tentative approval by the United States Food & Drug Administration (USFDA) for Axitinib Tablets, 1 mg and 5 mg.

The product is the generic version of Inlyta Tablets, 1 mg and 5 mg, of PF Prism C.V.

According to IQVIATM sales data for the 12 month period ending October 2020, the Inlyta Tablets, 1 mg and 5 mg market achieved annual sales of approximately $518.8 million*.

Glenmark's current portfolio consists of 166 products authorized for distribution in the U.S. marketplace and 45 ANDA's pending approval with the USFDA.

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.

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Glenmark Pharmaceuticals Ltd. is a global research-led pharmaceutical company with presence across Generics, Specialty and OTC business with operations in over 50 countries.