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EquityWireGland Pharma gets tentative US FDA nod for brimonidine tartrate eye solution

Gland Pharma gets tentative US FDA nod for brimonidine tartrate eye solution

This story was originally published at 11:39 IST on 4 March 2026
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Informist, Wednesday, Mar. 4, 2026

 

MUMBAI – Gland Pharma Ltd. has received tentative approval from the US Food and Drug Administration for its abbreviated new drug application for brimonidine tartrate ophthalmic solution with 0.025% concentration. The ophthalmic solution is used to treat redness in the eye.

 

The ophthalmic solution had sales of approximately $39 million in the US for the 12 months ended September, Gland Pharma said, quoting data from IQVIA.

 

For the December quarter, Gland Pharma had, on a consolidated basis, reported a net profit of INR 2.61 billion on a revenue of INR 16.95 billion. At 1120 IST, its shares were down 2.8% at INR 1,744 on the National Stock Exchange.  End

 

US$1 = INR 92.27

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Reported by Ruchira Kagita

Edited by Rajeev Pai

 

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