Glenmark gets USFDA nod for headache drug

PTI Updated - May 15, 2013 at 04:32 PM.

Glenmark Pharmaceuticals Ltd today said that its subsidiary has received approval from the US health regulator to sell generic versions of AstraZeneca’s Zomig and Zomig ZMT tablets, a migraine drug, in the American market.

Glenmark Generics Inc., a subsidiary of Glenmark, has received approval from the US Food and Drug Administration (USFDA) for Zolmitriptan tablets and Zolmitriptan orally disintegrating tablets, the company said in a statement today.

“Glenmark will commence distribution of the product immediately,” the Mumbai-based firm said.

Zolmitriptan tablets and Zolmitriptan ODT are indicated for the acute treatment of migraine headaches in adults.

According to IMS Health, for the 12-month period ended December 2012, the products garnered annual sales of $176 million. Glenmark’s current portfolio consists of 85 products authorised for distribution in the US market.

Shares of Glenmark ended the session at Rs 558.25 on the BSE, up 1.94 per cent from their previous close.

Published on May 15, 2013 09:58