Watson gets appro for generic Razadyne
US generic drugmaker Watson Pharmaceuticals has received approval from the US Food and Drug Administration on its Abbreviated New Drug Application for galantamine hydrobromide extended-release capsules. to 8mg, 16mg and 24mg.
The capsules are the generic equivalent to Johnson & Johnson subsidiary Ortho-McNeil-Janssen Pharmaceuticals' Razadyne ER, which are indicated for the treatment of Alzheimer's disease. Watson intends to launch the product immediately.
Razadyne ER had annual sales of approximately $112.0 million for the 12 months ending September 2008, according to IMS.
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