Last Updated on December 31, 2023 by The Health Master
(Reuters) – Eagle Pharmaceuticals Inc (EGRX.O) said on Wednesday the U.S. health regulator approved its generic version of Endo International’s (ENDP.O) blood pressure drug, Vasostrict, sending its shares to a more than one-month high.
The U.S. Food and Drug Administration’s (USFDA) approval comes just months after a Delaware federal court ruled that Eagle’s proposed generic, vasopressin, did not infringe on patents held by Endo subsidiary Par Pharmaceutical.
Vasostrict brought in sales of more than $786 million last year, making it the Endo’s best-selling drug.
Par sued Eagle in 2018 for seeking USFDA approval of the generic, alleging it infringed its patents. Eagle had denied that, saying its formulation of the drug’s active ingredient had a pH value below the range covered by Par’s patents.
Eagle said it expects a 180-day marketing exclusivity for vasopressin.
Shares of Eagle were up 8.5% at $50.6 in afternoon trading, while those of Endo were down 2.3%.
Sun Pharma gets USFDA nod for Generic Amphotericin B Liposome Injection
USFDA nod to Dr Reddys Lab for VeraRing
USFDA approves Eye Drops that could replace reading glasses
Zydus Cadila gets USFDA nod for generic Schizophrenia drug
Alembic gets USFDA tentative nod for drug for high BP
Biocon gets USFDA nod for Mycophenolic Acid
FDA Haryana and police unearthed a unit manufacturing spurious cosmetics
In-service Pharmacists authorised to dispense drugs for these 8 common ailments
Recruitment of 87 Drug Inspectors put on hold in Maharashtra
Indian Pharma Industry can meet requirements of the World
10th Gujarat Global Summit 2022 will be held from 10-12 January…
NPPA fixes retail price of Torrent’s FDC Atorvastatin, Clopidogrel Bisulphate, Aspirin
NDPS: 9 arrested for selling drugs
Drug recall: Lupin recalls 4,113 cartons of oral contraceptive
Procedure for registration of Medical Devices: CDSCO
Latest Notifications regarding Pharmaceuticals
For informative videos by The Health Master, click on the below YouTube icon:
For informative videos on Medical Store / Pharmacy, click on the below YouTube icon:
For informative videos on the news regarding Pharma / Medical Devices / Cosmetics / Homoeopathy etc., click on the below YouTube icon:
For informative videos on consumer awareness, click on the below YouTube icon:
