Abraxis BioScience (ABBI) Receives FDA Approval for Ampicillin and Sulbactam Injection
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Abraxis BioScience, Inc. (NASDAQ: ABBI) has received approval from the U.S. Food and Drug Administration (FDA) for its Abbreviated New Drug Application (ANDA) for the combination drug Ampicillin and Sulbactam for Injection, 15g, USP, the generic equivalent of Pfizer Inc.'s Unasyn.
According to IMS data, annual sales in 2005 of this product exceeded $10.4 million. The company's hospital-based products division, Abraxis Pharmaceutical Products (APP), expects to commence marketing Ampicillin and Sulbactam, 15g immediately.
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