IP Pharma

Monday, February 14, 2005

Generic form of Levaquin approved by FDA

Teva's Levofloxacin, a broad-spectrum antibacterial agent generic competitor to Ortho McNeil's Levaquin, has been granted tentative approval by the FDA. Though with approval comes a 180-day window of generic drug exclusivity, Teva will not market until litigation with Ortho in the District of New Jersey is settled.

Teva noted that the total annual sales of the brand product, in both configurations, are approximately $220 million.

posted by Sean at 6:50 AM

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