Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers P > Headlines for Par Pharmaceutical Cos., Inc. > News item |
Par announces tentative approval of generic ribavirin
By Jennifer Chiou
New York, Oct. 20 - Par Pharmaceutical Cos., Inc. said marketing partner Three Rivers Pharmaceuticals was granted tentative approval by the U.S. Food and Drug Administration for its abbreviated new drug application for a generic version of ribavirin in 200 mg, 400 mg and 600 mg tablets.
Ribavirin, a synthetic nucleoside analog with antiviral activity, is used with peginterferon alfa-2a for hepatitis C.
Roche Pharmaceuticals markets ribavirin tablets under the brand name Copegus and annual U.S. sales are about $200 million.
Par said it expects final approval of ribavirin after the expiration of Copegus' exclusivity on Dec. 3. Under the agreement with Three Rivers, Par will co-market Three Rivers' ribavirin tablets and the companies will split profits.
Spring Valley, N.Y.-based Par Pharmaceutical develops and markets generic pharmaceuticals.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.