Granules shares gain over 5% on U.S. FDA nod for ADHD generic capsules
The Hindu
Granules India receives FDA approval for generic ADHD drug, expanding portfolio and reinforcing presence in treatment space.
Generic drugmaker Granules has received final approval from the U.S. Food and Drug Administration (U.S. FDA) for its abbreviated new drug application for Attention Deficit Hyperactivity Disorder (ADHD) drug Lisdexamfetamine Dimesylate Capsules in multiple strengths.
The generic drug product is bioequivalent and therapeutically equivalent to the reference listed drug, Vyvanse Capsules, 10 mg, 20 mg, 30 mg, 40 mg, 50 mg, 60 mg, and 70 mg, of Takeda Pharmaceuticals U.S.A., Inc., Granules India said on the U.S. FDA approval of the ANDA of subsidiary Granules Pharmaceuticals Inc. (GPI).
The parent company’s shares closed 5.49% higher on Thursday (January 30, 2025) at ₹564.40 on the BSE. U.S. FDA had in December 2024 approved Granules’ Lisdexamfetamine Dimesylate Chewable Tablets. “With the latest approval, we are reinforcing our presence in the ADHD treatment space and strengthening our portfolio of complex generics,” CMD Krishna Prasad Chigurupati said.
Lisdexamfetamine Dimesylate is indicated for treatment of ADHD in adults and children above six years as well as for moderate to severe binge eating disorder (BED) in adults. Granules India now holds 69 ANDA approvals, with 38 secured under its name and the rest under GPI.
EU certificate for Vizag plant
On Wednesday (Jan. 29), Granules India’s said its active pharmaceutical ingredients and finished dosages unit in Anakapally, Visakhapatnam, has received EU GMP certificate. This followed the EU (National Centre For Public Health And Pharmacy, Hungary) Authority audit of the facility (Unit V) in November. The facility manufactures APIs and formulations of oncology and non-oncology products.
According to the company, the technology, protected by multiple international patents, facilitates the creation of a plastic-to-plastic circular economy, where commonly used plastics such as polyolefin packaging no longer need to be down-cycled, incinerated or landfilled at the end of their life. Instead, they can be continuously recycled in a closed-loop, without any loss of quality.