Aurobindo Pharma to expand its US portfolio; eyeing new markets in Europe
The Dollar Business Bureau A leading Indian pharmaceuticals company Aurobindo Pharma has said that it would widen its product portfolio in the American market while planning to enter new markets in the Europe, a part of the company’s growth strategy in the coming 3-4 years. In the US market, Aurobindo Pharma plans to widen its portfolio through faster growth in OTC, injectable and higher complexity products, the company said in a presentation to investors. However, in European market, the company plans to enhance its presence in new geographies like Czech Republic and Poland, in addition to strengthening its position in the existing markets of Germany, France, Spain, Netherlands and the UK. Aurobindo Pharma is the 6th largest generic company by volume in the US, ...
USFDA approves India-made Dexamethasone injection
Dexamethasone Sodium Phosphate injection had an estimated market size of $31 million for the twelve months till September 2015 The Dollar Business Bureau So far, Aurobindo Pharma Ltd. has acquired 17 ANDAs (including one tentative approval) approvals for manufacturing general injectable products Indian drug major Aurobindo Pharma Ltd. on Wednesday announced that it has received final approval from the US Food & Drug Administration (USFDA) to manufacture and market Dexamethasone Sodium Phosphate Injection USP, 4 mg/mL (1 mL, 5 mL and 30 mL vials). "The approved ANDA is bioequivalent and therapeutically equivalent to the reference listed drug product (RLD) Dexamethasone Sodium Phosphate injection USP, 4 mg/mL, of Luitpold Pharmaceuticals Inc.," Aurobindo Pharma Ltd. said in a statement. Dexamethasone Sodium Phosphate injection is used for ...
