Alembic Pharmaceuticals said it has received approval from the US Food & Drug Administration (USFDA) to sell an equivalent drug of Lumigan eye drops of Allergan.
Bimatoprost Ophthalmic Solution 0.03% has an estimated US market size of $ 76 million.
It is indicated for the reduction of elevated intraocular pressure in patients with open angle glaucoma or ocular hypertension.
Alembic now has a total of 90 generic drug approvals from US drug regulator, including 12 tentative approvals.
Alembic, headquartered in Vadodara, manufactures and markets generic pharmaceutical products all over the world.
Established in 1907, it is also one of the leaders in branded generics in lndia, and has a marketing team of over 5,000 in its home market.