Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers W > Headlines for Watson Pharmaceuticals, Inc. > News item |
Watson Pharmaceuticals gets FDA OK for generic testosterone gel
By Lisa Kerner
Erie, Pa., Jan. 30 - Watson Pharmaceuticals, Inc. said it has received final approval from the Food and Drug Administration on its abbreviated New Drug Application for testosterone gel 1% CIII.
The product is the generic equivalent to Solvay Pharmaceutical's AndroGel, which is indicated for replacement therapy in males for conditions associated with a deficiency or absence of endogenous testosterone.
For the 12 months ended November, Androgel 1% CIII had total U.S. sales of about $330 million, according to IMS Health data.
Watson has been awarded 180 days of marketing exclusivity for being the first to file an abbreviated NDA containing a paragraph IV certification for the product, according to a company news release. The market exclusivity begins upon the earlier of a commercial launch or a final court decision concerning pending litigation between Watson and Unimed Pharmaceuticals, a division of Solvay Pharmaceuticals.
Unimed Pharmaceuticals brought suit against Watson in August 2003 as a result of Watson's paragraph IV certification to U.S. Patent No. 6,503,894, which expires in August 2020.
Watson is a specialty pharmaceutical company based in Corona, Calif.
© 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.