Last Updated on January 26, 2023 by The Health Master
Hyderabad (Telangana): Granules India announced on Tuesday that the US Food and Drug Administration (USFDA) has approved the abbreviated new drug application (ANDA) filed by its US subsidiary, Granules Pharmaceuticals, Inc. (GPI), for Amphetamine mixed salts used for treating attention disorder.
This product will be manufactured at Granules manufacturing facility in Chantilly, Virginia, and is expected to be launched shortly, according to a company statement shared with stock exchanges.
An abbreviated new drug application (ANDA) is an application for a US generic drug approval for an existing licensed medication or approved drug.
Priyanka Chigurupati, Executive Director, GPI, said, “We are pleased to receive the approval of Amphetamine Mixed Salts ER Capsules within 10-months of ANDA filing, which is an extended-release dosage form of a controlled substance (C-II).”
Mixed salts of single-entity Amphetamine ER capsules are indicated for the treatment of attention deficit hyperactivity disorder (ADHD).
The current annual US market for Amphetamine mixed salts ER capsule product is approximately USD 1.56 billion, according to MAT Nov 2022, IQVIA/IMS Health.
Granules India, incorporated in 1991, is a vertically integrated Indian pharmaceutical company headquartered in Hyderabad with modern facilities.
The pharmaceutical company has manufacturing units of the entire value chain – from active pharmaceutical ingredients (APIs), pharmaceutical formulation intermediates (PFIs) and finished dosages (FDs).
The company has seven manufacturing facilities out of which six are located in India and one in the US.
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