Apr 8 2010
Teva Pharmaceutical Industries Ltd. (Nasdaq:TEVA) announced today that the U.S. Food and Drug Administration has granted final approval for the Company's generic versions of Merck's antihypertensive agents Hyzaar® (hydrochlorothiazide; losartan potassium) and Cozaar® (losartan potassium).
As the first company to file ANDAs that contained a paragraph IV certification for Hyzaar® and Cozaar®: Teva has been awarded 180-day Hatch-Waxman statutory exclusivity to market these products.
The brand products had combined annual sales of approximately $1.6 billion in the United States, based on IMS sales data.
Source:
Teva Pharmaceutical Industries Ltd.,