Teva gets first FDA approval for generic Pravachol

30 April 2006

Israel's Teva Pharmaceutical Industries says that the US Food and Drug Administration has granted final approval for its Abbreviated New Drug Application to market its generic version of Bristol-Myers Squibb's Pravachol (pravastatin sodium) tablets, 10mg, 20mg and 40mg. Shipment of these products will begin immediately. As the first company to file an ANDA containing a paragraph IV certification for these strengths, Teva has been awarded 180 days of marketing exclusivity.

Pravastatin is indicated for the treatment of certain hyperlipidemias and the primary prevention of coronary events. Annual brand product sales in the USA of the three dosage strengths were approximately $1.5 billion for the 12 months ended December 2005.

The April 25 approval follows an order by the US Court of Appeals for the DC Circuit dissolving an administrative injunction issued April 20, and denying Apotex' motion for injunctive relief pending appeal, says Teva.

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK



Companies featured in this story

More ones to watch >


Today's issue

Company Spotlight