Glenmark Theophylline ER Tablets gets USFDA approval
Mumbai: Drugmaker, Glenmark Pharmaceuticals Limited, has recently announced that the company has received final approval by the United States Food & Drug Administration (USFDA) for Theophylline Extended-Release Tablets, 300 mg and 450 mg, bioequivalent and therapeutically equivalent to the reference listed drug, Theophylline Extended-Release Tablets, 300 mg and 450 mg, of Alembic Pharmaceuticals Limited.
"Glenmark has been granted a competitive generic therapy (CGT) designation for Theophylline Extended-Release Tablets USP, 450 mg, therefore, with this approval, Glenmark is the first approved applicant for such competitive generic therapy and is eligible for 180 days of CGT exclusivity upon commercial marketing of the 450 mg strength," the company said.
According to IQVIA sales data for the 12 month period ending April 2021, the Theophylline Extended-Release Tablets, 300 mg and 450 mg market achieved annual sales of approximately $47.8 million.
Glenmark's current portfolio consists of 173 products authorized for distribution in the U.S. marketplace and 44 ANDA's pending approval with the USFDA.
Disclaimer: This website is primarily for healthcare professionals. The content here does not replace medical advice and should not be used as medical, diagnostic, endorsement, treatment, or prescription advice. Medical science evolves rapidly, and we strive to keep our information current. If you find any discrepancies, please contact us at corrections@medicaldialogues.in. Read our Correction Policy here. Nothing here should be used as a substitute for medical advice, diagnosis, or treatment. We do not endorse any healthcare advice that contradicts a physician's guidance. Use of this site is subject to our Terms of Use, Privacy Policy, and Advertisement Policy. For more details, read our Full Disclaimer here.
NOTE: Join us in combating medical misinformation. If you encounter a questionable health, medical, or medical education claim, email us at factcheck@medicaldialogues.in for evaluation.