Global NewsNews

Dr Reddy’s launches generic Invanz injection in US market

Ertapenemis is used to prevent and treat a wide variety of bacterial infections

Dr Reddy’s Laboratories announced the launch of Ertapenem for Injection, 1 g/vial, a therapeutic equivalent generic version of Invanz approved by the US Food and Drug Administration.

THIS CAN BE YOUR ADVERTISEMENT

“We are pleased to bring this important product to market at this time. We’re excited to extend our strategic partnership with Gland Pharma whose hard work, in collaboration with the team at Dr Reddy’s, has enabled the execution of this launch,” said Marc Kikuchi, CEO, North America Generics.

Ertapenemis used to prevent and treat a wide variety of bacterial infections. Gland Pharma has an exclusive API supply arrangement for this product and a dedicated manufacturing facility in Hyderabad for Ertapenem Injection, stated MD and CEO of Gland Pharma, Srinivas Sadu.

“We are delighted about this collaboration, as it brings together Dr Reddy’s experienced marketing and distribution capabilities and Gland Pharma’s robust development and manufacturing capabilities. With the launch of this product we see increased capacity utilisation of this dedicated Penem facility,” Srinivas Sadu said.

The Invanz brand and generic market had US sales of approximately $205 million MAT (moving annual total) for the most recent twelve months ending in March 2021 according to IQVIA Health. Dr Reddy’s Ertapenem for Injection, 1 g/vial, is available in packs of 10 vials per carton.

PTI

Support us in our endeavor to bring you Advertisement free content.
Choose your options to donate or subscribe.

Tags

Related Articles

Leave a Reply

Back to top button
Close
Close