Alembic Pharmaceuticals Secures USFDA Nod for Brexpiprazole Tablets
Alembic Pharmaceuticals Limited has reached a critical milestone by receiving final FDA approval for its Abbreviated New Drug Application (ANDA) for Brexpiprazole Tablets. These pills, available in dosages ranging from 0.25 mg to 4 mg, are therapeutically equivalent to the reference listed drug (RLD) Rexulti pills manufactured by Japanese pharmaceutical major Otsuka Pharmaceutical Company.
Brexpiprazole, an atypical antipsychotic, has a dual purpose in current mental treatment. It is used as an adjuvant therapy to antidepressants to manage major depressive disorder (MDD) in adults, as well as to treat schizophrenia in adults and adolescents aged 13 and up. "This approval underscores Alembic's commitment to bringing high-quality, affordable alternatives to critical treatments in the mental health space," according to a company representative.
The approval allows Alembic Pharmaceuticals to enter a lucrative market, with Brexpiprazole Tablets expected to generate $2.0 billion in revenue for the fiscal year ending September 2024, according to IQVIA. The potential for market penetration emphasises Alembic's strategic focus on complex, high-value medicines.
This certification adds to Alembic's growing portfolio of USFDA approvals, bringing the total to 220, including 194 final and 26 tentative approvals. Such accomplishments demonstrate the company's strong research and development capabilities, as well as its commitment to regulatory compliance.
"We are pleased to have achieved final approval for Brexpiprazole, a therapy that treats serious mental health issues. This is consistent with our aim to improve patient care worldwide," the spokeswoman continued.
Brexpiprazole's treatment efficacy for disorders such as MDD and schizophrenia emphasises its importance. Schizophrenia affects around 1% of the global population, and MDD is one of the most common mental health illnesses, frequently necessitating additional medicines for optimal treatment. Alembic's entry into this arena could boost patient access while disrupting established market participants.
As Alembic expands its presence in the worldwide pharmaceutical industry, the approval of Brexpiprazole represents a potential step forward. With a $2 billion market on the horizon, the company is well-positioned to capitalise on its innovative product portfolio and demonstrate operational competence.