Razel and its combinations are meant for the management of dyslipidemia. The condition has abnormally elevated cholesterol or fats (lipids) in the blood which may increase the chance of clogged arteries and heart attacks.
Fitch noted that regulatory actions will delay approval of new products filed from Glenmark Pharma’s affected plants. Nonetheless, a moderate number of unapproved product filings from the two plants and other mitigation options available with Glenmark to avoid significant approval delays will help prevent a sharp decline in US sales and margins
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Glenmark pharmaceuticals launched Lobeglitazone medicine in India for the treatment of type-2 diabetes in adults. The drug aims to improve insulin resistance in diabetics