Singapore, April 1 -- India-based Morepen Laboratories, a global leader in Active Pharmaceutical Ingredient (API) manufacturing, has received approval from the Center for Drug Evaluation (CDE) of the National Medical Products Administration (NMPA) in China for its Loratadine (anti-allergy API).This marks a significant milestone in Morepen's strategicentryinto one of the world's largest pharmaceutical markets.

Morepen commands an over 80% market share in the US generics market for Loratadine, making it the undisputed leader in its category. The company has been exporting to the US market for over 25 years, its API exports alone are valued at Rs 650 crore.

This approval further solidifies Morepen's position as the dominant global manufact...