Shionogi, Watson introduce authorized generic version of FORTAMET

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Apr 20 2012

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Watson Pharmaceuticals, Inc. (NYSE: WPI) today announced that it has launched an authorized generic version of FORTAMET® (metformin hydrochloride extended-release tablets) as part of an agreement with Shionogi, Inc. Watson began shipping the product today. FORTAMET® is indicated as an adjunct to diet and exercise to lower blood glucose for patients 17 years of age or older.

For the most recent twelve months ending February 28, 2012, FORTAMET® had combined brand and generic sales of approximately $82 million, according to IMS Health data.

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Watson Pharmaceuticals, Inc.

Posted in: Pharmaceutical News

Tags: Blood, Diet, Exercise, Glucose, Medicaid, Medicare, Metformin, Pharmaceuticals, Urology

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