Glenmark Generics said that the company received ANDA approval from US FDA for Ciclopirox Olamine cream 0.77% and would commence marketing and distribution of the product in U.S. market.
Ciclopirox Olamine is the generic equivalent of Loprox cream marketed by Medicis. It falls at the dermatology segment and used to treat infections tinea pedis, tinea cruris, tinea corporis and tinea vesicolor. Ciclopirox Olamine cream generated sales of about $8 million for the 12-month period ended September 2009.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.