The newly launched drug is a therapeutic equivalent of Banzel tablets, 200 mg and 400 mg of Eisai, Inc.
Sanjeev Krishan, President, Glenmark North America said the company is one of the first generic companies in the US to offer lower-cost alternatives to Banzel tablets, 200 mg and 400 mg.
“The launch is our commitment to provide quality and affordable healthcare to our markets for patients,” Krishan said.
Quoting IQVIA sales data for the 12 month period ending April 2021, Glenmark Pharma said the Banzel tablets, 200 mg and 400 mg market achieved annual sales of approximately USD 285.3 million.
Glenmark’s current portfolio consists of 172 products authorized for distribution in the US marketplace and 45 ANDA’s pending approval with the United States Food and Drug Administration (USFDA).