Key Announcement
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Company: Glenmark Pharmaceuticals Inc., USA
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Product Launched: Vancomycin Hydrochloride for Injection USP (Single-Dose Vial)
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Available in 750 mg/vial, 1.25 g/vial, and 1.5 g/vial
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Market Impact:
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Bioequivalent and therapeutically equivalent to Mylan Laboratories Limited’s NDA 209481.
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The Vancomycin Hydrochloride for Injection USP market had $39.3 million in sales (as of January 2025, according to IQVIA).
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Company Statement
Marc Kikuchi, President & Business Head of North America at Glenmark, expressed enthusiasm about adding this product to their institutional portfolio, reinforcing their commitment to quality pharmaceuticals.
Market Effect
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Glenmark’s stock ($GLENMARK) could see positive movement due to this launch.
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Increased competition in the U.S. generic injectable antibiotic market.
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Potential revenue boost for Glenmark’s North American division.
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