Morepen Laboratories Limited, going ahead with its US
Generic marketing strategy has filed USDMF for New Polymorphic
Form VI of Atorvastatin Calcium, a cholesterol-lowering
drug, in the United States with USFDA. It is also in the
process of submitting the same for the European markets.
Earlier it had filed a patent for this drug in US, Canada
and 31 other European countries.
Atorvastatin Calcium (Lipitor) is the largest selling
drug in the world today with a market size of US $ 9 Billion
equivalent to Rs.40,000 Crores approximately.
Statins like Atorvastatin, Fluvastatin and Simvastatin
are used in the treatment of hyperlipidemia and hypercholesterolemia.
Morepen has the proprietary technology to manufacture
highly pure and stable crystalline polymorphic Form VI
and amorphous forms of these drugs and also has full DMF
for the same.
Morepen is in the process of finalizing tie-ups with
US & European Generic Companies for launch of this
product in their respective markets. The company hopes
to capture a market share of 15 – 20% in the post
patent market.
The filing of DMF would give Morepen an immediate entry
into the regulated markets of USA, Europe and Canada.