Glenmark Pharmaceuticals receives tentative ANDA approval for Calcipotriene and Betamethasone Dipropionate Foam, 0.005%, 0.064%

Glenmark Pharmaceuticals Inc., USA (Glenmark) has been granted tentative approval by the United States Food & Drug Administration (U.S. FDA) for Calcipotriene and Betamethasone Dipropionate Foam, 0.005%|0.064%, the generic version of Enstilar® Foam, 0.005%-0.064%, of Leo Pharma AS.

According to IQVIATM sales data for the 12 month period ending March 2022, the Enstilar® Foam, 0.005%-0.064% market achieved annual sales of approximately $115.2 million*.

Glenmark's current portfolio consists of 174 products authorized for distribution in the U.S. marketplace and 48 ANDA's pending approval with the U.S. FDA. 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.

Shares of Glenmark Pharmaceuticals Limited was last trading in BSE at Rs. 410.75 as compared to the previous close of Rs. 419.00. The total number of shares traded during the day was 47742 in over 2648 trades.

The stock hit an intraday high of Rs. 418.00 and intraday low of 405.40. The net turnover during the day was Rs. 19557308.00.

Source : Equity Bulls

Keywords

GlenmarkPharmaceuticals INE935A01035 USFDA TentativeApproval Calcipotriene BetamethasoneDipropionate