Posts in category All News
PI Industries Limited – Annual General Meeting Updates (16-09-2015)
Granules India Ltd (16-09-2015)
They already had approval for 200mg way back in 2010, this is for 400, 600 and 800. I would imagine Ibuprofen being a popular drug the market size would be big and so would be the number of players with approvals. I could find about 20 names approved for various Ibuprofen dosage on the orange book. Some one who is familiar with Ibuprofen and its technical/chemical name can dig out and provide accurate numbers.
On a related note, found this article relavent to the discussion.
And yet today, almost 25 years after the expiration of the ibuprofen patent, Advil still owns 51% of the market. That’s more than twice the combined share of all generic ibuprofen products, despite the fact that Advil is functionally equivalent to its rivals and quite a bit more expensive.
RBI grants small finance banks licence to 10 entities (16-09-2015)
Granules India Ltd (16-09-2015)
Currently Ibuprofen forms 16% of total revenues for Granules. Is Granules not exporting Ibuprofen to US as part of exports? What does this ANDA approval signify?
What steps are involved once an ANDA is approved before commercialisation can be done and what are the timeframes? Any experts on the sector please pitch in.