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Glenmark gets tentative nod from USFDA for Fingolimod capsules

Press Trust of India  |  New Delhi 

Drug firm Glenmark Pharmaceuticals today said it has got tentative approval from the United States Food and Drug Administration (USFDA) for Fingolimod capsules.

These capsules are used in the treatment of adult patients with relapsing forms of multiple sclerosis.

"Glenmark Pharmaceuticals has been granted tentative approval by the USFDA for Fingolimod capsules, 0.5 mg, the generic version of Gilenya capsules of Pharmaceuticals Corp," Glenmark said in a filing.

As per IMS Health sales data for the 12 month period ended January 2017, Gilenya capsules 0.5 mg had annual sales of approximately USD 2.03 billion, it added.

of Glenmark Pharmaceuticals were trading 0.78 per cent down at Rs 879.45 apiece on

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, March 20 2017. 11:57 IST