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IGI Laboratories submits seventh ANDA to US FDA

IGI Laboratories has submitted its seventh abbreviated new drug application (ANDA) to the US Food and Drug Administration (FDA) of 2015, which brings the company's total number of ANDA submissions now pending at the FDA to twenty-nine.

IGI Laboratories president and CEO Jason Grenfell-Gardner said: "We believe our current pipeline of twenty-nine submissions, exclusive of our four partnered submissions, pending approval by the FDA now has a combined addressable market of over $1.4 billion based on July 2015 data from IMS Health."