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Glenmark Pharmaceuticals receives final approval for Metformin Hydrochloride ER Tablets

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Capital Market
Last Updated : Nov 26 2019 | 9:31 AM IST

From USFDA

Glenmark Pharmaceuticals has been granted final approval by the United States Food & Drug Administration (USFDA) for Metformin Hydrochloride Extended‐Release Tablets USP, 500 mg and 1000 mg, the generic version of Glumetza1 Extended‐Release Tablets, 500 mg and 1000 mg, of Salix Pharmaceuticals Inc.

According to IQVIATM sales data for the 12‐month period ending September 2019, the Glumetza Tablets, 500 mg and 1000 mg market2 achieved annual sales of approximately $226.7 million.

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First Published: Nov 26 2019 | 9:22 AM IST

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