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Morepen Laboratories gets USFDA clearance for its bulk drug Montelukast Sodium

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Capital Market
Last Updated : Dec 20 2017 | 10:50 AM IST

For sale in US market

Morepen Laboratories announced that USFDA has cleared Montelukast Sodium, a bulk drug/ API manufactured by Morepen Laboratories for sale in the US market. This gives Morepen an entry into the Rs 2000 crore (approx. $300 million) US market for Montelukast. The first commercial order for the bulk drug are expected in Q2 of FY 2018-19.

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First Published: Dec 20 2017 | 10:23 AM IST

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