AI assistant
Glenmark Pharmaceuticals ltd — Capital/Financing Update 2022
Mar 21, 2022
62608_rns_2022-03-21_cb9e143d-8f28-45c1-af6b-25928dd231fa.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [16 x 10] intentionally omitted <==
==> picture [17 x 10] intentionally omitted <==
==> picture [140 x 42] intentionally omitted <==
March 21, 2022
To, Dy. General Manager Department of Corporate Services, BSE Ltd., P. J. Towers, Dalal Street, Fort, Mumbai – 400 001.
To, The Manager – Listing, The National Stock Exchange of India Ltd., Plot No. C/1, G Block, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051.
Ref: Scrip Code: 532296
Ref: Scrip Name: GLENMARK
Dear Sir,
Sub: Glenmark Pharmaceuticals receives ANDA approval for Lacosamide Tablets USP, 50 mg, 100 mg, 150 mg and 200 mg
With reference to the subject mentioned above, kindly find attached media release which is self‐explanatory.
Request you to kindly take the same on record.
Thanking you,
Yours faithfully,
For Glenmark Pharmaceuticals Limited
==> picture [66 x 45] intentionally omitted <==
Harish Kuber Company Secretary & Compliance Officer
Encl: as above
Glenmark Pharmaceuticals Ltd. Glenmark House, B D Sawant Marg, Andheri (E), Mumbai 400 099 T: 91 22 4018 9999 F: 91 22 4018 9988 CIN: L24299MH1977PLC019982 W: www.glenmarkpharma.com Registered office: B/2, Mahalaxmi Chambers, 22 Bhulabhai Desai Road, Mumbai 400 026 E: [email protected]
Press Release
==> picture [565 x 76] intentionally omitted <==
For immediate distribution
Glenmark Pharmaceuticals receives ANDA approval for Lacosamide Tablets USP, 50 mg, 100 mg, 150 mg and 200 mg
Mumbai, India, March 21, 2022: Glenmark Pharmaceuticals Inc., USA (Glenmark) has received final approval by the United States Food & Drug Administration (U.S. FDA) for its Lacosamide Tablets[1] USP, 50 mg, 100 mg, 150 mg and 200 mg, the generic version of Vimpat®[2] Tablets, 50 mg, 100 mg, 150 mg and 200 mg of UCB, Inc. The company plans to launch the product immediately.
Commenting on the development, Robert Crockart, Chief Commercial Officer, Glenmark Pharmaceuticals Ltd, said, “The FDA approval for generic Lacosamide Tablets USP reiterates our ongoing commitment to make treatment options more accessible for patients. We look forward to quickly launching this product in the U.S. market.”
According to IQVIA[TM] sales data for the 12 month period ending January 2022, the Vimpat® Tablets, 50 mg, 100 mg, 150 mg and 200 mg market[3] achieved annual sales of approximately $1.7 billion*.
Glenmark’s current portfolio consists of 174 products authorized for distribution in the U.S. marketplace and 45 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.
==> picture [561 x 27] intentionally omitted <==
‐‐‐‐‐‐‐End‐‐‐‐‐‐‐
==> picture [565 x 76] intentionally omitted <==
About Glenmark Pharmaceuticals Ltd.
Glenmark Pharmaceuticals Ltd. (Glenmark) is a global innovation‐driven pharmaceutical company with presence across Specialty, Generics and OTC businesses. Globally, Glenmark focuses on the following key therapy areas: respiratory, dermatology and oncology. The company has 10 world‐class manufacturing facilities spread across 4 continents and operations in over 80 countries. It was ranked among the world’s top 50 Generics and Biosimilars companies (Top 50 Company Rankings, 2020, from Informa’s Generics Bulletin). The company has been listed on the Dow Jones Sustainability Index (DJSI), under the category of emerging markets for the fourth consecutive year in a row, most recently in 2021. DJSI is one of the world’s most respected and widely accepted sustainability benchmarks globally with only the top ranked companies in terms of Corporate Sustainability within each industry are featured in the index. www.glenmarkpharma.com
For more information, please contact:
Udaykumar Murthy
Deputy General Manager, Corporate Communications +91 9960377617 | [email protected]
References:
1Glenmark’s Lacosamide Tablets are only approved for their FDA‐approved indication.
2All brand names and trademarks are the property of their respective owners.
3Market includes brand and all available therapeutic equivalents.
*IQVIA[TM] National Sales Perspectives: Retail & Non‐Retail, January 2022
==> picture [561 x 27] intentionally omitted <==