Glenmark Pharmaceuticals Launches Vitamin K1 Injectable Emulsion in the USA
Team Finance Saathi
21/Jan/2025

What's Covered Under the Article:
- Glenmark Pharmaceuticals launches Phytonadione Injectable USP, a Vitamin K1 alternative.
- Product approved as bioequivalent and therapeutically equivalent to Hospira's Vitamin K1 Emulsion.
- Vitamin K1 Injectable market achieved $19.7 million annual sales as of November 2024.
Glenmark Pharmaceuticals Inc., USA, a prominent player in the global pharmaceutical landscape, has announced the launch of Phytonadione Injectable Emulsion USP, 10 mg/mL Single Dose Ampules. This product serves as a bioequivalent and therapeutically equivalent alternative to the reference listed drug, Vitamin K1 Injectable Emulsion USP, 10 mg/mL by Hospira, Inc. The launch underscores Glenmark’s commitment to expanding its product portfolio and delivering high-quality, affordable solutions to the healthcare industry.
The launch announcement, made on January 21, 2025, highlights Glenmark’s strategic move to enhance its offerings within the institutional channel, a critical segment of the pharmaceutical industry. According to IQVIA sales data, the Vitamin K1 Injectable market recorded annual sales of approximately $19.7 million for the 12-month period ending November 2024, showcasing the significant demand for this essential drug.
Marc Kikuchi, President & Business Head of Glenmark North America, expressed his enthusiasm, stating: “We are excited to announce the launch of Phytonadione Injectable Emulsion USP, 10 mg/mL Single Dose Ampules, growing our portfolio of products within the institutional channel, while also strengthening our commitment to bring to market quality and affordable alternatives for patients.”
About Glenmark Pharmaceuticals
Glenmark Pharmaceuticals Ltd. is a research-driven global pharmaceutical company recognized for its leadership in branded, generics, and OTC segments. The company focuses on key therapeutic areas, including respiratory, dermatology, and oncology, and operates across 80 countries. With 11 manufacturing facilities and significant achievements in sustainability, including its Science-Based Target initiative (SBTi)-approved greenhouse gas emission reduction targets, Glenmark remains a frontrunner in the industry.
Glenmark’s continuous innovation and commitment to Corporate Social Responsibility (CSR) have impacted over 3 million lives in the past decade. Its robust R&D capabilities, as recognized by In Vivo/Scrip 100 and Generics Bulletin, ensure that the company remains at the forefront of pharmaceutical advancements.
Strategic Implications
The launch of Phytonadione Injectable Emulsion USP aligns with Glenmark’s broader strategy to enhance affordable healthcare options and cater to the growing demands of the institutional pharmaceutical market. By addressing the needs of the healthcare sector with cost-effective alternatives, Glenmark strengthens its position as a reliable partner in the pharmaceutical supply chain.
The introduction of this product also reflects Glenmark’s unwavering focus on patient-centric solutions and its ability to leverage bioequivalence certifications to ensure safety and efficacy.
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