Strides Pharma Science Ltd. announced that its subsidiary Strides Pharma Global, Singapore received final U.S. FDA approval for Amantadine Hydrochloride Softgel Capsules USP, 100 mg.
- This is bioequivalent and therapeutically equivalent to the reference listed drug, Symmetrel Capsules, 100 mg, of Endo Pharma.
- The drug is indicated for treatment of prophylaxis and symptoms of infection due to influenza A virus strains. The capsules are also used in the treatment of parkinsonism and drug-induces extrapyramidal reactions.
- According to IQVIA moving annual total December 2021 data, the U.S. market for the capsules is nearly $11 million. The combined market size of the Amantadine hydrochloride capsules and tablets is approximately $21 million.
- The capsules will be manufactured in Strides Pharma’s facility in Bengaluru.
Source: Exchange Filing
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