- Pharma
- 1 min read
Dr Reddy's launches generic Invanz injection in US market
Team at Dr Reddy's has enabled the execution of this launch, stated Marc Kikuchi, CEO, North America Generics.
"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 Ltd, 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 utilization of this dedicated Penem facility," Srinivas Sadu said.
The Invanz brand and generic market had US sales of approximately USD 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.
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