Alembic Pharma gets USFDA nod for generic Nitrofurantoin capsules
According to IQVIA, Nitrofurantoin capsules, USP (Macrocrystals), 25 mg, 50 mg and 100 mg have an estimated market size of USD 23 million for the twelve months ending March 2021, Alembic Pharma said.
The product is a generic version of Alvogen Malta Operations Ltd's Macrodantin capsules in the same strengths, it added.
According to IQVIA, Nitrofurantoin capsules, USP (Macrocrystals), 25 mg, 50 mg and 100 mg have an estimated market size of USD 23 million for the twelve months ending March 2021, Alembic Pharma said.
Nitrofurantoin capsules, is specifically indicated for the treatment of urinary tract infections when due to susceptible strains of escherichia coli, enterococci, staphylococcus aureus, and certain susceptible strains of klebsiella and enterobacter species, it added.
The company has a cumulative total of 146 abbreviated new drug application (ANDA) approvals (128 final approvals and 18 tentative approvals) from USFDA, the filing said.
Shares of Alembic Pharmaceuticals were trading at Rs 982.40 apiece on BSE, down 0.12 per cent from its previous close.
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