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26 July 2016 | News | By BioSpectrum Bureau
Glenmark bags FDA approval for skin ointment
Singapore: Glenmark Pharmaceuticals Inc., USA (Glenmark) has been granted final approval by the United States Food & Drug Administration (USFDA) for Triamcinolone Acetonide Ointment USP, 0.5%, the generic version of Triamcinolone Acetonide Ointment USP, 0.5% of Perrigo New York, Inc.
According to IMS Health sales data for the 12 month period ending May 2016, the Triamcinolone Acetonide Ointment USP, 0.5% market1 achieved annual sales of approximately $4.4 million.
Glenmark's current portfolio consists of 116 products authorized for distribution in the US marketplace and 61 ANDA's pending approval with the USFDA.