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Glenmark Pharmaceuticals | Diabetes drug
Press Trust of India | New Delhi
Last Updated at December 21, 2022 23:32 IST
https://mybs.in/2b305bk
Glenmark Pharmaceuticals Ltd on Wednesday said it has launched triple fixed-dose combination Teneligliptin with Pioglitazone and Metformin in India for diabetic patients.
This fixed-dose combination offers patients with Type 2 diabetes the convenience of once daily dosing to improve their glycemic control. It is priced at Rs 14.90 per day, thereby reducing the daily cost of therapy by 40 per cent, making it more affordable to the masses, the company said in a statement.
It has been launched under the brand name Zita-PioMet, and contains Teneligliptin (20 mg), Pioglitazone (15 mg) and Metformin (500mg/1000mg) in a sustained release (SR) formulation, it added.
"Type 2 diabetes patients in India often face issues of beta cell dysfunction along with insulin resistance. In fact, the prevalence of high insulin resistance in India is 38 per cent compared to the global incidence of 15 per cent," Glenmark Pharmaceuticals EVP & Business Head – India Formulations Alok Malik said.
The market for oral anti-diabetic drugs in India is estimated to be Rs 11,877 crore with an annual growth of 6.3 per cent against the corresponding period previous year, the company said citing IQVIA sales data for the 12-month period ended November 2022.
It further said as per the International Diabetes Federation (IDF), the prevalence of diabetes in India is expected to increase to 125 million by 2045, 77 per cent of which would have uncontrolled diabetes.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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First Published: Wed, December 21 2022. 23:32 IST 