Breaking News, Collaborations & Alliances

ANI Pharmaceuticals and Sofgen Receive FDA Approval

Related to Nimodipine 30mg capsules

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By: Tim Wright

Editor-in-Chief, Contract Pharma

ANI Pharmaceuticals Inc. said that its ANDA collaboration partner Sofgen has received approval from the U.S. Food and Drug Administration (FDA) for Nimodipine 30mg capsules. Trailing twelve-month sales for the product are $25 million, according to IMS Health, with two current competitors. ANI and Sofgen expect to begin shipping to customers this year. “This represents ANI’s first ANDA approval with our partner Sofgen,” said Arthur Przybyl, president and chief executive officer, ANI Pharmaceut...

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