Healthcare Industry News: Mylan Laboratories
News Release - May 3, 2007
Mylan Announces Tentative FDA Approval for Letrozole Tablets, USPPITTSBURGH, May 3 (HSMN NewsFeed) -- Mylan Laboratories Inc. (NYSE: MYL ) today announced that Mylan Pharmaceuticals Inc. has received tentative approval from the U.S. Food and Drug Administration (FDA) for its Abbreviated New Drug Application (ANDA) for Letrozole Tablets USP, 2.5 mg.
Letrozole Tablets are the generic version of Novartis Pharmaceuticals Corp.'s FemaraŽ Tablets, which had U.S. sales of approximately $326 million for the same strength for the 12-month period ending Dec. 31, 2006, according to IMS Health.
Mylan Laboratories Inc. is a leading pharmaceutical company with three principal subsidiaries, Mylan Pharmaceuticals Inc., Mylan Technologies Inc. and UDL Laboratories Inc., and a controlling interest in Matrix Laboratories Limited, India. Mylan develops, licenses, manufactures, markets and distributes an extensive line of generic and proprietary products.
For more information about Mylan, please visit www.mylan.com.
Source: Mylan Laboratories
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