Based on IMS health data for the 12-month period ending March 2011, Mupirocin ointment garnered annual sales of $55 million and achieved a 9% increase in growth compared to the same period last year
Drug firm Glenmark said it has received final approval from the US health regulator for its generic Mupirocin ointment, used for the treatment of bacterial skin infections.
Glenmark Generics, the US subsidiary of Glenmark Generics, has been granted a final abbreviated new drug approval (ANDA) from the United States Food and Drug Administration (USFDA) for Mupirocin Ointment USP 2%, the company said in a statement.
"Based on IMS health data for the 12-month period ending March 2011, Mupirocin ointment garnered annual sales of $55 million and achieved a 9% increase in growth compared to the same period last year," Glenmark said.
The ointment is used for treatment of impetigo, a bacterial skin infection, and is available in a 22-gram tube.
The company's current portfolio consists of 68 products authorised for distribution in the American market. It has 39 ANDAs pending approval, Glenmark said.
On Friday, Glenmark ended 1.33% up at Rs312.70 on the Bombay Stock Exchange, while the benchmark Sensex declined 0.63% to 18,268.54.
Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
Fiercely independent and pro-consumer information on personal finance.
1-year online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
30-day online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
Complete access to Moneylife archives since inception ( till the date of your subscription )
