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USFDA issues two observations after inspection of Granules India s Chantilly facility in US

Granules India to invest Rs 1,000 crore over 3 years till FY24 to expand operations

Granules India to invest Rs 1,000 crore over 3 years till FY24 to expand operations The Hyderabad-based firm plans to invest in a new manufacturing facility and on expanding production capacities at existing plants PTI | May 16, 2021 | Updated 17:08 IST The company s revenue stood at Rs 3,238 crore for the 2020-21 financial year while its net profit was at Rs 549 crore for the period Drug firm Granules India has earmarked a capex of around Rs 1,000 crore which it aims to invest over the next three financial years on expansion of operations, according to a top company official. The Hyderabad-based firm plans to invest in a new manufacturing facility and on expanding production capacities at existing plants.

New Drug for Migraine Approved

New Drug for Migraine Approved by Colleen Fleiss on  February 25, 2021 at 8:03 AM The US Food & Drug Administration (US FDA) has approved Granules Abbreviated New Drug Application (ANDA) for acetaminophen, aspirin, and caffeine tablets, indicated for the treatment of migraine. It is bioequivalent to the Reference Listed Drug (RLD) product, Excedrin Migraine tablets, 250 mg/250 mg/65 mg, of GlaxoSmithKline Consumer Healthcare. The product would be manufactured at Granules India s Hyderabad facility and is expected to be launched shortly. ‘Granules’ Abbreviated New Drug Application (ANDA) for acetaminophen, aspirin, and caffeine tablets, indicated for migraine treatment has been approved by USFDA. ’ We are pleased to announce approval of Acetaminophen, Aspirin and Caffeine tablets, emphasising our focus on building a sustainable OTC product portfolio in the US market. We received approval for this triple combination product within 14 months from fi

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