Wanbury has informed that it has been awarded a Certificate of Suitability (CEP) by the European Directorate for the Quality of Medicines (EDQM) for its Dextromethorphan active pharmaceutical ingredient (API), antitussive (cough) medicine. The global formulation market for Dextromethorphan is valued at USD 2,500 million for FY24, having grown by 7% over the past year. With the CEP certification, Wanbury is well positioned to initiate the commercial sales of this product in European markets.
The above information is a part of company’s filings submitted to BSE.
