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Bangalore: Glenmark Pharmaceuticals said it has received tentative approval from the U.S. health regulator for its generic Rizatriptan Benzoate tablets used for treating migraine attacks. These migraine tablets are the generic version of the drug major Merck’s Maxalt tablets, it added. Quoting IMS Health data, the company, Glenmark Pharmaceuticals, said Rizatriptan Benzoate immediate release tablets achieved sales of $315 million for the 12 month period that ended in June 2012. Current portfolio of the company consists of 81 products authorised for distribution in the U.S. market and 41 abbreviated new drug applications (ANDAs) pending approval with the USFDA. Shares of Glenmark Pharmaceuticals were trading at 416 per scrip on Bombay Stock Exchange in the afternoon trade, up 0.96 percent from its previous close.
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