Glenmark gets US nod for acne treatment

India's Glenmark Pharmaceuticals has announced that it has received the approval from the US health regulator for Azelaic Acid gel used in treatment of acne. The approval granted to Glenmark Pharmaceuticals Inc. by the US Food and Drug Administration (USFDA) is for Azelaic Acid Gel, 15 per cent, which is a generic version of Finacea Gel (15 per cent) of Leo Pharma, the company said in a statement. Citing market data, the company said for the 12-month period ended September 2018, Finacea Gel (15 per cent) achieved annual sales of approximately $64.1 million. Glenmark has a portfolio comprising 143 products authorised for distribution in the US market and 56 abbreviated new drug applications (ANDAs) pending approval with the USFDA.