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Indoco Remedies launches Brinzolamide Ophthalmic Suspension 1% in US
Mumbai: Indoco Remedies has recently announced the launch of Brinzolamide Ophthalmic Suspension 1% in the United States, the first generic version of AZOPT by Teva Pharmaceuticals.
The product is developed and manufactured by Indoco Remedies Ltd. for TEVA at its facility in Goa.
The ANDA approved by the US Food and Drug Administration for Brinzolamide Ophthalmic Suspension 1%, is used to treat high pressure inside the eye due to ocular hypertension and open-angle glaucoma. Brinzolamide Ophthalmic Suspension 1% works by decreasing the amount of fluid within the eye.
The US market size of this product is $184 million, according to IQVIA data as of December, 2020.
Commenting on this achievement, Ms. Aditi Kare Panandikar, Managing Director - Indoco Remedies Ltd. said, "This first-to-market generic version of AZOPT (Brinzolamide Ophthalmic Suspension 1%, developed by Indoco) in the U.S. brings in an enormous opportunity to Indoco to serve the patients with a generic option. It also provides us immense satisfaction to be part of the journey in developing and securing approval from the US regulators for such Complex Generic products (ophthalmic suspensions), ensuring access to affordable and quality medicines."
Ms. Panandikar also added, "Indoco is vertically integrated for Brinzolamide API (manufactured at Patalganga site), which gives an edge to ensure continuity in commercial supplies."
Read also: Indoco Remedies bags tenders worth Rs 140 crore for Allopurinol Tablets in Germany
Indoco Remedies Ltd., headquartered in Mumbai, is a fully integrated, research-oriented pharma Company with presence in 55 countries.
Ruchika Sharma joined Medical Dialogue as an Correspondent 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