Healthcare Industry News: Mylan Laboratories
News Release - April 25, 2006
Mylan Announces Final FDA Approval for Cilostazol TabletsPITTSBURGH, April 25 (HSMN NewsFeed) -- Mylan Laboratories Inc. (NYSE: MYL ) today announced that Mylan Pharmaceuticals Inc. has received final approval from the U.S. Food and Drug Administration (FDA) for its Abbreviated New Drug Application (ANDA) for Cilostazol Tablets, 50mg and 100 mg. Cilostazol Tablets are the AB-rated generic equivalent of Otsuka Pharmaceutical's PletalŪ Tablets, which had U.S. sales of approximately $84 million for the 12-month period ending December 31, 2005, according to IMS Health.
This product will be shipped immediately.
Mylan Laboratories Inc. is a leading pharmaceutical company with three principal subsidiaries, Mylan Pharmaceuticals Inc., Mylan Technologies Inc. and UDL Laboratories, Inc., that develop, license, manufacture, market and distribute an extensive line of generic and proprietary products.
For more information about Mylan, visit www.mylan.com.
Source: Mylan Laboratories
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