Hot Pursuit     18-Jun-24
Alembic Pharma gets USFDA nod for stroke and blood clots drug
The drug major said that it has received a final approval from the US drug regulator for Dabigatran Etexilate Capsules in strengths of 75 mg and 150 mg, and a tentative approval for the 110 mg variant.

The approved abbreviated new drug application (ANDA) is therapeutically equivalent to the reference listed drug product (RLD), Pradaxa Capsules, 75 mg, 110 mg, and 150 mg of Boehringer Ingelheim Pharmaceuticals, Inc. (Boehringer).

Dabigatran Etexilate capsules are indicated for reduction of risk of stroke and systemic embolism in non-valvular atrial fibrillation in adult patients; treatment and reduction in the risk of recurrence of deep venous thrombosis and pulmonary embolism in adult patients.

According to IQVIA, Dabigatran Etexilate capsules, 75 mg and 150 mg have an estimated market size of $179 million, while the 110 mg variant's market size was $5 million for the twelve months ending March 2024.

Alembic has a cumulative total of 205 ANDA approvals (178 final approvals and 27 tentative approvals) from US Food & Drug Administration (USFDA).

Alembic Pharmaceuticals is a vertically integrated research and development pharmaceutical company. The company manufactures and markets generic pharmaceutical products all over the world.

The company reported 16.78% increase in consolidated net profit to Rs 178.21 crore on 7.85% rise in revenue from operations to Rs 1,516.98 in Q4 FY24 over Q4 FY23.

The scrip declined 2.21% to currently trade at Rs 870.40 on the BSE.

Previous News
  Alembic Pharma spurts on USFDA nod for leukemia drug
 ( Hot Pursuit - 01-Jul-24   11:06 )
  USFDA inspects Alembic Pharma's solid oral formulation facility at Jarod
 ( Corporate News - 19-Dec-22   12:51 )
  Alembic Pharmaceuticals receives USFDA tentative approval for Bosutinib tablets
 ( Corporate News - 01-Jul-24   10:44 )
  Alembic Pharmaceuticals consolidated net profit rises 596.17% in the March 2023 quarter
 ( Results - Announcements 05-May-23   17:32 )
  Alembic Pharma gets USFDA nod for osteoarthritis drug
 ( Hot Pursuit - 01-Dec-22   11:44 )
  Alembic Pharmaceuticals gets USFDA approval
 ( Corporate News - 27-Oct-22   11:52 )
  Board of Alembic Pharmaceuticals recommends final dividend
 ( Corporate News - 09-May-24   14:56 )
  CRISIL reaffirms ratings of Alembic Pharmaceuticals with 'stable' outlook
 ( Hot Pursuit - 08-Mar-24   11:22 )
  Alembic Pharma gets USFDA nod for Icatibant injection
 ( Hot Pursuit - 17-Jun-24   14:03 )
  Alembic Pharmaceuticals receives NCLT approval for scheme of arrangement
 ( Corporate News - 01-Sep-22   12:36 )
  Alembic Pharma gains on USFDA nod for Mesalamine capsules
 ( Hot Pursuit - 02-Nov-22   12:28 )
Other Stories
  RVNL gains on emerging as L-1 bidder for Rs 133-cr railway project
  03-Jul-24   15:38
  Cholamandalam Financial Holdings Ltd leads losers in 'A' group
  03-Jul-24   15:00
  Sakuma Exports Ltd leads losers in 'B' group
  03-Jul-24   14:45
  NTPC power generation climbs 9.5% YoY in Q1
  03-Jul-24   14:41
  Volumes soar at MMTC Ltd counter
  03-Jul-24   14:30
  Oil and Gas shares fall
  03-Jul-24   14:00
  Real Estate stocks edge lower
  03-Jul-24   14:00
  Energy stocks edge lower
  03-Jul-24   14:00
  Sundaram-Clayton gains after board OKs to raise funds upto Rs 400 cr
  03-Jul-24   13:38
  JSW Infra's subsidiary concession agreement V.O. Chidambaranar Port Authority
  03-Jul-24   13:34
Back Top