Glenmark Pharma launches Asthma drug in India

16 Jun 2022 , 09:45 AM

Glenmark Pharmaceuticals Limited on Thursdady announced that it has launched the novel fixed-dose combination (FDC) drug – Indacaterol + Mometasone for patients suffering from uncontrolled asthma, in India. The company has launched this FDC under the brand name Indamet.

The drug will be available in three strengths with a fixed dose of Indacaterol 150 mcg and variable doses of Mometasone 80 mcg, 160 mcg, and 320 mcg respectively, to be taken once daily.

While speaking on the development, Alok Malik, Group Vice President & Head, India Formulations — Glenmark Pharmaceuticals Ltd. said, “Respiratory is a key focus area for Glenmark and the company leads from the front in providing access to the latest treatment options to patients. We are proud to introduce this novel fixed-dose combination Indamet, which is the first of its kind in India; offering a world-class and affordable treatment option to both adults and adolescents 12 years of age and older suffering from uncontrolled asthma.”

Glenmark is the first company in India to market the innovative FDC of Indacaterol, a long-acting beta-agonist and Mometasone Furoate, an inhaled corticosteroid which is approved by the DCGI (Drug Controller General of India).

At around 9:47 AM, Glenmark Pharmaceuticals was trading at Rs379.40 per share down by Rs2.05 or 0.54% from its previous closing of Rs381.45 per share on the BSE.