Israeli generics giant Teva Pharmaceutical Industries (NYSE: TEVA) late Monday announced the launch of a generic version of Ireland-headquartered Shire’s (LSE: SHP) Lialda(mesalamine) delayed-release tablets, 1.2g, in the USA.
Mesalamine delayed-release tablets are indicated for the induction of remission in adults with active, mild to moderate ulcerative colitis and for the maintenance of remission of ulcerative colitis. Mesalamine delayed-release tablets, 1.2g had annual sales of around $1.11 billion in the USA, according to IQVIA data as of January 2018.
"The launch of mesalamine is a significant addition to Teva's generic portfolio," said Brendan O'Grady, executive vice president and head of North America Commercial at Teva. "With more than a million people in the US estimated to suffer from inflammatory bowel diseases, including ulcerative colitis, this is an important and more affordable generic treatment option for our customers," he noted.
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