BWI: Sun Pharma Announces Launch of Generic Exelon® in US

Press release from Business Wire India
Source: Sun Pharmaceuticals Industries Ltd
Thursday, July 01, 2010 08:15 PM IST (02:45 PM GMT)
Editors: General: Economy; Business: All, Healthcare, biotechnology & pharmaceutical, Law firms; Healthcare
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Sun Pharma Announces Launch of Generic Exelon® in US
Company has 180-day Marketing Exclusivity

Mumbai, Maharashtra, India, Thursday, July 01, 2010 -- (Business Wire India) -- Sun Pharma announced launch of generic Exelon®, rivastigmine tartrate capsules for the US market. Earlier, USFDA had granted final approval for the Company's ANDA to market these products.

These generic rivastigmine capsules are therapeutically equivalent of Novartis Exelon® Capsules and include four strengths: 1.5 mg (base), 3 mg (base), 4.5 mg (base) and 6 mg (base). These strengths of Exelon® have annual sales of approximately USD 130 million in the US.

Sun Pharma, being one of the first-to-file an ANDA for generic Exelon® with a para IV certification, shares a 180-day marketing exclusivity.

Rivastigmine tartrate is indicated for the treatment of mild to moderate dementia of the Alzheimer's type and for the treatment of mild to moderate dementia associated with Parkinson's disease.

Exelon ® is a registered trademark of Novartis.

About Sun Pharma

Established in 1983, listed since 1994 and headquartered in India, Sun Pharmaceutical Industries Ltd. (Reuters: SUN.BO, Bloomberg: SUNP IN, NSE: SUNPHARMA, BSE: 524715) is an international, integrated, speciality pharmaceutical company. It manufactures and markets a large basket of pharmaceutical formulations as branded generics as well as generics in India, US and several other markets across the world. In India, the company is a leader in niche therapy areas of psychiatry, neurology, cardiology, diabetology, gastroenterology, orthopedics and ophthalmology. The Company has strong skills in product development, process chemistry, and manufacturing of complex API, as well as dosage forms. More information about the company can be found at www.sunpharma.com.




CONTACT DETAILS
Uday Baldota, Sun Pharmaceuticals Industries Ltd, +91 22 6645 5645, Xtn 605, +91 98670 10529, uday.baldota@sunpharma.com
Mira Desai, Sun Pharmaceuticals Industries Ltd, +91 22 6645 5645, Xtn 606, +91 98219 23797, mira.desai@sunpharma.com

KEYWORDS
ECONOMY, HEALTHCARE, LAW FIRMS, HEALTHCARE, 524715.BO, SUNPHARMA .NS

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