Torrent Pharma Ltd

Torrent has been given the approval for OLMESARTAN MEDOXOMIL and HYDROCHLOROTHIAZIDE -generic equivalent of hypertension drug Benicar. Mylan got the approval in Dec with 180 day exclusivity after a protracted legal batter. The drug market size appears to be $2.4B in 2016. Other approvals are Teva, Aurobindo, Alembic, Mcleod and Prinston.