Lupin launches Generic Ranolazine ER Tablets in U.S.
Deepthi | Myequity news | Date : 28-02-2019 11:05:00 IST
Pharma major Lupin launched its Ranolazine Extended-Release (ER) Tablets, 500mg and 1000mg. About Lupin Limited
Lupin’s Ranolazine ER Tablets, 500mg and 1000mg are a generic version of Gilead Sciences, Inc.’s Ranexa ER Tablets, 500mg and 1000mg. Ranolazine is indicated for the treatment of chronic angina.
Ranolazine ER Tablets, 500mg and 1000mg had an annual sales of approximately USD 945 million in the US (IQVIA MAT December 2018).
Commenting on the launch, Mr. Nilesh Gupta, Managing Director, Lupin Limited said, “We are excited about the launch of generic Ranolazine as an exclusive generic in the US. This is a meaningful product and further strengthens our portfolio of generic products in the US. Launching exclusive and semi-exclusive generics is an important stepping stone as we transition to more complex generics. Products like Ranolazine bring significant savings to US consumers and are a key part of our vision to bring exclusive high quality, affordable medicines to market.”
Lupin is an innovation led transnational pharmaceutical company developing and delivering a wide range of branded & generic formulations, biotechnology products and APIs globally. The Company is a significant player in the Cardiovascular, Diabetology, Asthma, Pediatric, CNS, GI, Anti-Infective and NSAID space and holds global leadership position in the Anti-TB segment.