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Granules gets U.S. FDA nod for copy of AstraZeneca’s heartburn drug  – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

Granules gets U.S. FDA nod for copy of AstraZeneca’s heartburn drug 

Granules gets U.S. FDA nod for copy of AstraZeneca’s heartburn drug 

Drugmaker Granules India has received U.S. Food and Drug Administration approval for Esomeprazole Magnesium Delayed-Release Capsules USP, 20 mg and 40 mg, a generic version of AstraZeneca Pharmaceuticals Nexium Delayed-Release Capsules.

Bioequivalent and therapeutically equivalent to reference listed drug Nexium Delayed-Release Capsules, 20 mg and 40 mg, of AstraZeneca Pharmaceuticals LP, Esomeprazole Magnesium capsules are indicated for short-term treatment of heartburn and other symptoms associated with gastroesophageal reflux disease (GERD).

The current annual U.S. market for Esomeprazole Magnesium Delayed-Release Capsules is around $168 Million, Granules said, citing MAT Jul 2023 IQVIA/IMS Health numbers, in a release on U.S. FDA approving its abbreviated new drug application (ANDA). The company said it now has 62 ANDA approvals from the U.S. FDA (60 final and 2 tentative approvals).

Esomeprazole Magnesium capsules are also indicated for reduction of nonsteroidal anti-inflammatory drugs (NSAID)-associated gastric ulcer in adults as well as for long-term treatment of pathological hypersecretory conditions, including Zollinger-Ellison syndrome.

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