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Mylan (MYL) Gets FDA Ok for Generic Prevacid

November 10, 2009 3:27 PM EST
MYL Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

Revenue Growth %: -99.9%
Mylan Inc. (Nasdaq: MYL) received final approval from the FDA for its Abbreviated New Drug Application (ANDA) for Lansoprazole Delayed-release (DR) Capsules, 15 mg and 30 mg. This product is shipping immediately and will be sold under the Mylan Pharmaceuticals brand.

Lansoprazole DR Capsules are the generic version of Tap Pharmaceuticals' proton pump inhibitor Prevacid® DR Capsules.

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