Alembic FDA Monday, June 3, 2024 0.00 Neutral

FDA Approves METHOTREXATE — Alembic Pharmaceuticals Inc.

Alembic Pharmaceuticals Inc. has gained final FDA approval to manufacture and market the oral generic version of Methotrexate Sodium, a pivotal approval that is expected to bolster the company’s established revenue streams following the expiration of the corresponding brand-name patent. This launch will intensify competition in the oral anti-rheumatic pharmacotherapy market.

View original filing at SEC.gov →
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.

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