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PERRIGO RECEIVES FDA APPROVAL TO MARKET LOPERAMIDE HYDROCHLORIDE LIQUID

PERRIGO RECEIVES FDA APPROVAL TO MARKET LOPERAMIDE HYDROCHLORIDE LIQUID
 ALLEGAN, Mich., Jan. 22 /PRNewswire/ -- The Perrigo Company (NASDAQ-NMS: PRGO) announced today that it has been given approval by the Food and Drug Administration (FDA) to manufacture and market Loperamide Hydrochloride Liquid to the store brand market. Loperamide Hydrochloride Liquid is an over-the-counter drug indicated for the control and symptomatic relief of acute, non-specific diarrhea.
 Loperamide Hydrochloride Liquid is comparable to the nationally advertised brand Imodium AD Liquid, which switched from prescription to over-the-counter in March 1988. The company believes it is one of the first to receive approval for this product through the FDA's Abbreviated New Drug Application (ANDA) process.
 Perrigo will begin national distribution of this new store brand product to retailers and wholesalers in the next 60 days. The receipt of this approval is a couple of months ahead of Perrigo's anticipated timing.
 Perrigo Company is the nation's largest manufacturer of over-the- counter (non-prescription) pharmaceuticals and personal care products for the store brand market. Store brand products are sold under a retailer's own label and compete with nationally advertised brand name products. The company's customers are major national and regional retail drug, supermarket and mass merchandise chains and major wholesalers. The company's products include over-the-counter pharmaceuticals (such as analgesics, cough and cold remedies, antacids, laxatives, suppositories and diet products), personal care products (such as toothpaste and mouthwash, hair care products, deodorants and antiperspirants, baby care products, and skin care and sun care products), and vitamins.
 -0- 1/22/92
 /CONTACT: M. James Gunberg of Perrigo Company, 616-673-8451/
 (PRGO) CO: Perrigo Company ST: Michigan IN: MTC HEA SU: PDT


KK -- DE022 -- 2484 01/22/92 16:44 EST
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Publication:PR Newswire
Date:Jan 22, 1992
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