US FDA grants final approval for generic Viagra
Yesterday, the US Food and Drug Administration approved the first generic version of Viagra (sildenafil citrate) for the treatment of erectile dysfunction.
Israel-based Teva Pharmaceutical Industries (NYSE: TEVA) received clearance to market generic sildenafil citrate tablets in 25mg, 50mg, and 100mg strengths and has 180-day exclusivity to the Pfizer (NYSE: PFE) originated blockbuster ED drug.
Teva previously gained tentative FDA approval for its generic Viagra and has been selling its copy drug since June 2013 in Europe, where dozens of other generics are also available.
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