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Business EconomyPosted at: Dec 13 2017 2:26PM


JB Chemicals receives USFDA nod for Atenolol tablets

Mumbai, Dec 13 (UNI)Pharma firm, JB Chemicals & Pharmaceuticals has
received USFDA approval for its Supplementary Abbreviated New Drug
Application (sANDA) for Atenolol Tablets USP 25 mg. 50 mg. and 100
mg. (anti-hypertensive) manufactured using company's own bulk drug
(API).
The company had initiated this change as a part of its plan to
gradually backward integrate US formulations business. This approval
is expected to boost company's US sales, company send in afiling
with BSE.
The company could not commercialize this formulation earlier due to
problems associated with external API supplier.
This approval will help company supply these formulations with its
own API. The company plans to commercialize this product in the next
quarter. Currently, the market for this product in US is about USD
70 million.
The company is focused on US business and this approval will help
grow its exports.
UNI JS SM1408
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Tags: #JB Chemicals receives USFDA nod for Atenolol tablets
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