Generics US generic drug major Mylan (Nasdaq: MYL) revealed last Friday that it has begun shipping its generic version of the lipid-lowerer Lescol (fluvastatin), after its subsidiary Mylan Pharmaceuticals received final approval from the US Food and Drug Administration for its Abbreviated New Drug Application for fluvastatin capsules USP, 20mg and 40mg, the first generic copy of the branded product from Swiss pharma major Novartis (NOVN: VX). 16 April 2012