Apr 29 2010
Mylan Inc. (Nasdaq: MYL) today announced that its subsidiary Mylan Pharmaceuticals Inc. received final approval from the U.S. Food and Drug Administration (FDA) for its Abbreviated New Drug Application (ANDA) for Tamsulosin Hydrochloride Capsules USP, 0.4 mg, the generic version of Boehringer Ingelheim's benign prostatic hyperplasia (BPH) treatment, Flomax®.
Tamsulosin Hydrochloride Capsules had U.S. sales of approximately $2.2 billion for the 12 months ending Dec. 31, 2009, according to IMS Health. Mylan has started shipping this product.
Currently, Mylan has 139 ANDAs pending FDA approval representing $96.2 billion in annual brand sales, according to IMS Health. Thirty-seven of these pending ANDAs are potential first-to-file opportunities, representing $19.6 billion in annual brand sales, for the 12 months ending Dec. 31, 2009, according to IMS Health.
SOURCE Mylan Inc.