Mylan sued over migraine medicine

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Mylan sued over migraine medicine Empty Mylan sued over migraine medicine

Post by Tee on Fri Aug 19, 2011 3:39 am

Would be nice if they could work together to make life better for us rather for them.............hmmmmmm
Pittsburgh Business Times - by Kris B. Mamula
Date: Thursday, August 18, 2011, 9:24am EDT

Canonsburg-based generic drug maker Mylan Inc. has been sued by Endo Pharmaceuticals in connection with the filing of a Food and Drug Administration application to market the generic version of Frova, which is used to treat migraine headaches, Mylan announced.
Mylan believes it is the first company to file an application to market the prescription drug, giving the company 180 days of marketing exclusivity after FDA approval. Chadds Ford Pa.-based Endo filed the lawsuit in the U.S. District Court for the District of Delaware.
For the year ending June 30, Endo had total Frova sales of $68.2 million, according to IMS Health Inc. Mylan has 162 applications pending FDA approval, representing $94.4 billion in possible annual sales. Of those applications, 43 are potential first-to-file opportunities, representing $25.5 billion in possible annual brand sales for the year ending June 30, according to Danbury Conn.-IMS Health, which tracks pharmaceutical sales data and trends.

I love you “Health is the greatest gift, contentment the greatest wealth, faithfulness the best relationship.” Buddha[/color][/i]

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