Alembic Pharmaceuticals has received
approval from the US Food & Drug Administration (USFDA) for its Abbreviated New
Drug Application (ANDA) Bimatoprost Ophthalmic Solution, 0.03%. The approved
ANDA is therapeutically equivalent to the reference listed drug (RLD), Lumigan, 0.03%
of Allergan Sales, LLC (Allergan). Bimatoprost Ophthalmic Solution, 0.03% is
indicated for the reduction of elevated intraocular pressure in patients with open angle
glaucoma or ocular hypertension.
Bimatoprost Ophthalmic Solution, 0.03% have an estimated market size of US$ 76 million for twelve months ending December 2018 according to IQVIA.
Alembic now has a total of 90 ANDA approvals (78 final approvals and 12 tentative approvals) from USFDA.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
