HYDERABAD, India, May 31, 2018 /PRNewswire/ --
Granules Pharmaceuticals, Inc., the wholly owned subsidiary of GranulesIndia Ltd., has launched the generic version of Methylergonovine Maleate Tablets, USP, 0.2mg, the generic equivalent to Methergine in partnership with West-Ward Pharmaceuticals Corp. (West-Ward), a wholly owned subsidiary of Hikma Pharmaceuticals PLC
Methylergonovine is a semi-synthetic ergot alkaloid used for the prevention and control of postpartum haemorrhage.
"This is the first product we have commercialized from our R&D and manufacturing facility in Virginia and we are happy to have collaborated with Hikma. Apart from the fact that Hikma has a proven history of being a responsible player in the market, we look at this launch as the inception towards building a strategic relationship. The launch of generic Methergine tablets plays into our strategy of identifying patient needs and catering to them with economical alternatives," said Ms. Priyanka Chigurupati, Executive Director, Granules Pharmaceuticals, Inc.
Brian Hoffmann, President of West-Ward, said, "We are very pleased to be entering into a partnership with Granules Pharmaceuticals, Inc., adding this important oxytocic agent to our product portfolio in the U.S. This partnership demonstrates our focus on improving patient's access to high-quality, affordable medicines."
About Granules India Ltd. (BSE: 532482) (NSE: GRANULES)
Granules India is a growing pharmaceutical manufacturing company with best in class facilities and is committed to operational excellence, quality and customer service. The Company produces Finished Dosages (FDs), Pharmaceutical Formulation Intermediates (PFIs) and Active Pharmaceutical Ingredients (APIs) which gives the customers flexibility and choice. Granules India support customers with unique value, extensive product range, and proactive solutions. The Company's global presence extends to over 250 customers in 60 countries through offices in India, U.S., and U.K.
Hikma helps put better health within reach every day for millions of people in more than 50 countries around the world. For 40 years, we've been creating high-quality medicines and making them accessible to the people who need them. We're a global company with a local presence across the United States (US), the Middle East and North Africa (MENA) and Europe, and we use our unique insight and expertise to transform cutting-edge science into innovative solutions that transform people's lives. We're committed to our customers, and the people they care for, and by thinking creatively and acting practically, we provide them with a broad range of branded and non-branded generic medicines. Together, our 8,500 colleagues are helping to shape a healthier world that enriches all our communities. We are a leading licensing partner in the MENA region, and through our venture capital arm, are helping bring innovative health technologies to people around the world. For more information, please visit http://www.hikma.com.
Media Contact : Hari Prasad firstname.lastname@example.org +91-9618883774 Concept Public Relations India Limited
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