GLAND PHARMA Announces Launch of the First Novel Non-Frozen Ready-To-Use Bivalirudin

Mumbai, India, June 8, 2020

Gland Pharma Ltd. (Gland Pharma), along with its partners MAIA Pharmaceuticals, Inc. (MAIA) and Athenex Pharmaceutical Division (Athenex) announce the launch of a Ready-to-Use (RTU) Bivalirudin Injection in the United States of America. This is the first non-frozen ready-to-use bivalirudin 505b(2) NDA approved by the U.S. Food and Drug Administration (USFDA).

Bivalirudin RTU Injection is indicated for use as an anticoagulant in patients undergoing percutaneous coronary intervention (PCI), including patients with heparin-induced thrombocytopenia and heparin-induced thrombocytopenia and thrombosis syndrome.

“We are pleased to collaborate with MAIA and Athenex in bringing to market the RTU non-Frozen Version of Bivalirudin Injection. We believe that this complements our commitment to provide Easy to Use, Safe to Deliver, Cost Effective Products to clinicians” said Srinivas Sadu, MD and CEO of Gland Pharma.

“We are delighted to introduce a unique RTU Bivalirudin Injection that does not require frozen storage into the US hospital market,” said Jeffrey Yordon, Athenex’s Chief Operating Officer.

Srikanth Sundaram, Ph.D., President of MAIA, added, “Bivalirudin RTU Injection does not need reconstitution and further dilution unlike the lyophilized version, essentially eliminates the drug preparation process. By avoiding potential errors in the drug preparation and administration process and associated adverse events, its use offers benefits to the patient.”