Showing posts with label GLENMARK PHARMA. Show all posts
Showing posts with label GLENMARK PHARMA. Show all posts

Tuesday, May 19, 2020

Covid-19: Pune-based drug firm to export favipiravir to 18 countries


Favipiravir is under trial in many countries as a potential treatment for Covid-19.

Pune-based pharmaceutical marketing company Brinton Pharmaceuticals is gearing up to export anti-viral drug favipiravir to 18 countries and awaiting approval from the Indian drug controller to launch the drug in India. Favipiravir is under trial in many countries as a potential treatment for Covid-19, and in India, Glenmark Pharmaceuticals is conducting the trials that have entered phase 3.

After the trials are over in India, the Drug Controller General of India (DCGI) is likely to give the nod to market the drug here which was originally developed by Japan's Fujifilm Toyama Chemical Co Ltd, a subsidiary of Fujifilm Corporation. The drug is not yet part of the treatment protocol for Covid-19 here, but sources claim that it is on the list of the most promising drugs for treating the new coronavirus by the task force here.

Speaking to Business Standard, Rahul Kumar Darda, chairman and managing director of Brinton Pharma said that Hyderabad-based Optimus Pharma is making the drug for them. "Fujifilm is supplying the intermediate of the drug to Optimus, which is making the active pharmaceutical ingredient (API) for the drug. They will also supply the formulation to us, which we will export to countries like Nepal, Cambodia, Vietnam, Canada, Caribbean etc," Darda said.

Brinton has a stock of about 100,000 tablets ready to export.
As for the pricing, Darda said that for countries like Nepal the drug is being priced around Rs 2,500 per strip of ten tablets. A patient would need a course of 14-days or roughly around 20 tablets or so, making the cost of therapy Rs 5,000. "When the drug gets launched in India eventually, the prices are expected to be lower," Darda said.
Favipiravir sells under the brand name Avigan and is an approved medication to treat influenza. Brinton will market the drug under the brand Faviton and it will be available in 200 mg and 400 mg tablets.


Sunday, November 25, 2018

Glenmark Pharma's eczema drug granted tentative US FDA approval


The approved product is a generic version of Mylan Pharmaceuticals Inc's Olux-E Foam, 0.05 per cent.


Glenmark Pharmaceuticals Monday said it has received tentative nod from the US health regulator for Clobetasol Propionate foam, used to treat inflammation and itching caused by a number of skin conditions like eczema.

Glenmark Pharmaceuticals Inc USA has been granted tentative approval by the United States Food & Drug Administration (US FDA) for Clobetasol Propionate Foam, 0.05 per cent (Emulsion Formulation), the company said in a BSE filing.


The approved product is a generic version of Mylan Pharmaceuticals Inc's Olux-E Foam, 0.05 per cent.

Quoting IQVIA sales data for the 12-month period ended September 2018, Glenmark Pharmaceuticals said, Olux-E Foam achieved annual sales of around $13.2 million.

The company's current portfolio consists of 144 products authorised for distribution in the US market and 55 abbreviated new drug applications (ANDAs) pending approval with the USFDA, it added.

Shares of Glenmark Pharmaceuticals were trading 0.06 per cent lower at Rs 637.45 apiece on BSE.