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  • Glenmark unveils...

Glenmark unveils generic version of Gilenya Capsules in US

Ruchika SharmaWritten by Ruchika Sharma Published On 2022-11-02T14:30:54+05:30  |  Updated On 2 Nov 2022 9:01 AM GMT
Glenmark unveils generic version of Gilenya Capsules in US

Mumbai: Drugmaker Glenmark Pharmaceuticals Inc., USA, has recently announced the launch of Fingolimod Capsules, 0.5 mg in the US. The product is a generic version of Gilenya Capsules, 0.5 mg, of Novartis Pharmaceuticals Corporation. GILENYA is a sphingosine 1-phosphate receptor modulator indicated for the treatment of relapsing forms of multiple sclerosis (MS), to...

Mumbai: Drugmaker Glenmark Pharmaceuticals Inc., USA, has recently announced the launch of Fingolimod Capsules, 0.5 mg in the US. The product is a generic version of Gilenya Capsules, 0.5 mg, of Novartis Pharmaceuticals Corporation. 

GILENYA is a sphingosine 1-phosphate receptor modulator indicated for the treatment of relapsing forms of multiple sclerosis (MS), to include clinically isolated syndrome, relapsing-remitting disease, and active secondary progressive disease, in patients 10 years of age and older. 

MS is a progressive chronic inflammatory and neurodegenerative disease of the central nervous system (brain and spinal cord)  that can drastically affect an individual's everyday life and requires life-long treatment. The disease has a wide range of symptoms, beginning with blurred vision, fatigue, weak limbs, unsteadiness, and tingling sensations and leading to limited mobility and neurological decline. 

Commenting on the launch, Sanjeev Krishan, President, Glenmark North America said, "We are very pleased to bring to market a lower cost alternative to Gilenya Capsules, 0.5 mg. This launch confirms our commitment to provide quality and affordable pharmaceutical products to patients."
According to IQVIA sales data for the 12-month period ending September 2022, the Gilenya Capsules, 0.5 mg market achieved annual sales of approximately $1.8 billion.
Glenmark's current portfolio consists of 176 products authorized for distribution in the U.S. marketplace and 47 ANDA's pending approval with the U.S. FDA.

Medical Dialogues team had earlier reported that the U.S. Supreme Court had turned down Novartis' bid to block the launch of generic versions of the company's blockbuster multiple sclerosis drug Gilenya in a dispute with China's HEC Pharm Co Ltd and other generic drugmakers.

Read also: US Supreme Court turns down Novartis bid to block launch of multiple sclerosis drug Gilenya generics

Glenmark Pharmaceuticals Limited is a global research-led pharmaceutical company with a presence across generics, specialty and OTC businesses and with operations in over 50 countries. Glenmark's key therapy focus areas globally are respiratory, dermatology, and oncology.

Read also: Glenmark Pharma unveils Teneligliptin plus Dapagliflozin FDC for type 2 diabetes

glenmark pharma glenmark news Fingolimod Capsules Gilenya Capsules Novartis Pharma 
Ruchika Sharma
Ruchika Sharma

    M.Com

    Ruchika joined Medical Dialogue as an Desk Editor for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751

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