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    • Glenmark gets...

    Glenmark gets tentative nod from USFDA for Fingolimod capsules

    Written by supriya kashyap kashyap Published On 2017-03-21T11:05:39+05:30  |  Updated On 21 March 2017 11:05 AM IST
    Glenmark gets tentative nod from USFDA for Fingolimod capsules

    New Delhi : Drug firm Glenmark Pharmaceuticals USA said it has got tentative approval from the United States Food and Drug Administration (USFDA) for Fingolimod capsules.


    These capsules are used in the treatment of adult patients with relapsing forms of multiple sclerosis.


    "Glenmark Pharmaceuticals USA has been granted tentative approval by the USFDA for Fingolimod capsules, 0.5 mg, the generic version of Gilenya capsules of Novartis Pharmaceuticals Corp," Glenmark said in a BSE filing.


    As per IMS Health sales data for the 12 month period ended January 2017, Gilenya capsules 0.5 mg had annual sales of approximately USD 2.03 billion, it added.


    Shares of Glenmark Pharmaceuticals were trading 0.78 per cent down at Rs 879.45 apiece on BSE.

    FingolimodFingolimod CapsulesGilenya capsulesGlenmarkNovartisUS Food and Drug AdministrationUSFDA
    Source : PTI

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    supriya kashyap kashyap
    supriya kashyap kashyap
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