FDA greenlights Granules India’s Metoprolol Succinate ER tablets

TAGS

Granules Limited announced its receipt of US Food and Drug Administration (FDA) approval for its Abbreviated New Drug Application (ANDA) of Extended-Release Tablets USP, 25 mg, 50 mg, 100 mg, and 200 mg.

The approval positions more strongly within the approximately $321 million US market for this particular medication.

See also  US biotech company Moderna to build $500m mRNA facility in Africa

The approved drug is bioequivalent to Toprol-XL Tablets, 25 mg, 50 mg, 100 mg, and 200 mg, which is a reference listed drug product (RLD) under Toprol Acquisition LLC. It is primarily indicated for the treatment of hypertension, working to effectively lower blood pressure.

This approval raises Granules India’s total of ANDA approvals from the to 57, which includes 55 final approvals and 2 tentative approvals. The current US market value for Metoprolol Succinate Extended-Release Tablets, as per MAT Mar 2023, is approximately $321 million, based on data from IQVIA/IMS Health.


Discover more from Business-News-Today.com

Subscribe to get the latest posts sent to your email.

CATEGORIES
TAGS
Share This