CALCULATE YOUR SIP RETURNS

Glenmark Pharma Share Price in Focus on Launching Generic Adderall Tablets in US

Written by: Team Angel OneUpdated on: Apr 17, 2025, 2:31 PM IST
Glenmark Pharmaceuticals' share price is in focus as its USA arm is set to launch a generic version of Adderall tablets in the US by May 2025.
Glenmark Pharma Share Price in Focus on Launching Generic Adderall Tablets in US
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Glenmark Pharmaceuticals Inc., USA, a subsidiary of Glenmark Pharmaceuticals Ltd., has announced the upcoming launch of its generic version of the widely prescribed medication Adderall. 

 

This development is seen as a timely response to the prevailing shortage of the drug in the United States. With distribution scheduled to commence in May 2025, the launch demonstrates Glenmark’s commitment to enhancing access to essential medicines.

Product Launch to Address Critical Demand in the US

Glenmark’s new offering includes Dextroamphetamine Saccharate, Amphetamine Aspartate, Dextroamphetamine Sulphate and Amphetamine Sulphate Tablets—known collectively as Mixed Salts of a Single Entity Amphetamine Product—available in 5 mg, 10 mg, 15 mg, 20 mg, and 30 mg strengths.

 

The formulation is bioequivalent and therapeutically equivalent to the reference listed drug Adderall®, manufactured by Teva Women’s Health, Inc. According to IQVIA™ sales data, the US market for these tablets reached approximately $421.7 million in sales in the twelve months ending February 2025. The launch is poised to support patients by enhancing the availability of a critical treatment option.

Glenmark’s Global Reach and Sustainable Vision

Commenting on the launch, Marc Kikuchi, President and Business Head, North America, highlighted “Dextroamphetamine Saccharate, Amphetamine Aspartate, Dextroamphetamine Sulfate and Amphetamine Sulfate Tablets (Mixed Salts of a Single Entity Amphetamine Product), 5 mg, 10 mg, 15 mg, 20 mg and 30 mg is a highly prescribed medication in the United States.

Glenmark is very pleased to be able to help alleviate the shortage this country has been facing with this upcoming launch.” 

Glenmark Pharmaceuticals Ltd., the parent company, operates across branded, generic, and OTC product segments, focusing on key therapeutic areas such as cardiometabolic, respiratory, dermatology, and oncology. With 11 manufacturing facilities across four continents and a presence in over 80 countries, Glenmark ranks among the top 100 global biopharmaceutical firms. 

The company’s environmental initiatives, including greenhouse gas emission reduction targets validated by the Science Based Target initiative, further illustrate its holistic approach to healthcare and sustainability.

Glenmark Pharmaceuticals Share Performance 

As of April 17, 2025, at 10:30 AM Glenmark Pharmaceuticals Share Price is trading at ₹1,351.50, reflecting a 0.39% down from the previous close.

Conclusion

The anticipated launch of Glenmark’s generic version of Adderall® marks a significant advancement in the company’s North American strategy. By addressing a pressing market need and showcasing its robust manufacturing and distribution capabilities, Glenmark continues to assert its position as a key global player in the pharmaceutical industry.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Apr 17, 2025, 2:31 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3 Cr+ happy customers