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Cipla receives USFDA nod to market Lanreotide injection in US market

Drug major Cipla on Sunday said it has received approval from the US health regulator to market the Lanreotide injection, used for the treatment of acromegaly and gastroenteropancreatic neuroendocrine tumors, in the American market.

Topics
Cipla | USFDA | US market

Press Trust of India  |  New Delhi 

Pharmacy
Photo: Shutterstock

Drug major on Sunday said it has received approval from the US health regulator to market the Lanreotide injection, used for the treatment of acromegaly and gastroenteropancreatic neuroendocrine tumors, in the American market.

The company said it has received final approval for Lanreotide Injection from the US Food and Drug Administration (USFDA).

The FDA approval is based on new drug application (NDA), it added.

The Lanreotide injection is indicated for the treatment of patients with acromegaly and gastroenteropancreatic neuroendocrine tumors (GEP-NETs).

MD and Global CEO Umang Vohra said, "This approval is a significant step for our US business and is in line with our aspiration to continue growth in our complex product pipeline and address unmet patient needs."

The company's product is generic equivalent of Ipsen Biopharmaceuticals Inc's Somatuline Depot.

According to IQVIA, Somatuline Depot had US sales of around USD 867 million for the 12-month period ended October 2021.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Mon, December 20 2021. 01:16 IST
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