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Intellipharmaceutics announces Teva's launch of 5mg Focalin XR generic.

NORDIC BUSINESS REPORT-November 21, 2014-Intellipharmaceutics announces Teva's launch of 5mg Focalin XR generic

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Pharmaceutical company Intellipharmaceutics International (TSX:I) said on Thursday that Teva Pharmaceuticals has launched the generic version of the 5mg strength of its dexmethylphenidate hydrochloride generic of Focalin XR(R).

Intellipharmaceutics said that on 18 November 2013, it received a conditional approval from the US Food and Drug Administration (FDA) to launch its own generic version of 5mg Focalin XR upon the expiry of six months from the date of marketplace launch in the US by Teva, which is the first to file for approval of the 5mg strength.

In addition, Intellipharmaceutics' manufacturing, marketing and distribution partner for Focalin XR generics in the US, Par Pharmaceutical, intends to launch this 5mg strength strength immediately upon the expiry of the exclusivity period six months after the date of launch of the 5mg strength by Teva.

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Publication:Nordic Business Report
Date:Nov 21, 2014
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