americanpharmaceuticalreviewMay 18, 2017
Tag: FDA Approval , Generic
Pharmadax announced the U.S. Food and Drug Administration (FDA) has approved a generic equivalent to Seroquel XR (quetiapine fumarate) ER tablets, 50 mg, 150 mg, 200 mg, 300 mg and 400 mg.
Seroquel XR is a once-daily tablet indicated for the treatment of schizophrenia; acute depressive episodes in bipolar disorder; acute manic or mixed episodes in bipolar disorder alone or with lithium or divalproex; and adjunctive therapy to antidepressants for patients with major depressive disorder (MDD).
According to IMS Health data, U.S. sales of Seroquel XR and generic equivalents for the 5 strengths to be marketed by TruPharma LLC were approximately $1.34 billion for the 12 months ended December 31, 2016.
"We are very excited to receive approval of our first controlled-release product, and second overall approval by the US FDA," Yipin Huang, Chairman of Pharmadax said. "Launching this product in the US market is a major milestone for Pharmadax. Leveraging on our unique business model and technology platform, we look forward to providing more affordable and high quality complex dosage forms to the American public."
Contact Us
Tel: (+86) 400 610 1188
WhatsApp/Telegram/Wechat: +86 13621645194
Follow Us: