ANI Pharmaceuticals Announces the FDA Approval of Colestipol Hydrochloride Tablets USP
Retrieved on:
Tuesday, April 4, 2023
ANI Pharmaceuticals, Inc. (ANI or the Company) (Nasdaq: ANIP) today announced that it received U.S. Food and Drug Administration (FDA) approval for the Abbreviated New Drug Application (ANDA) for Colestipol Hydrochloride Tablets USP, 1 g.
Key Points:
- ANI Pharmaceuticals, Inc. (ANI or the Company) (Nasdaq: ANIP) today announced that it received U.S. Food and Drug Administration (FDA) approval for the Abbreviated New Drug Application (ANDA) for Colestipol Hydrochloride Tablets USP, 1 g.
ANI’s Colestipol Hydrochloride Tablets are the generic version of the Reference Listed Drug (RLD) Colestid®. - The current annual U.S. market for Colestipol Hydrochloride Tablets is approximately $81.3 million, according to IQVIA/IMS Health, a leading healthcare data and analytics provider.
- "We are pleased to expand our generics portfolio with the launch of Colestipol, bringing to market a product with a limited number of suppliers.
- We remain committed to providing patients access to high-quality medicines,” stated Nikhil Lalwani, President and Chief Executive Officer of ANI.