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Watson Pharmaceuticals wins FDA approval for generic contraception drug

Posted on: Mon, 31 Aug 2009 13:08:00 EDT

Symbols: DRMD, WPI

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Aug 31, 2009 (Datamonitor via COMTEX) --
WPI | Quote | Chart | News | PowerRating -- Watson Pharmaceuticals, a specialty pharmaceutical company, has reported that its subsidiary, Watson Laboratories, has received approval from the FDA on its abbreviated new drug application for levonorgestrel tablets, 0.75mg for over-the-counter use in women ages 17 and above, as well as for prescription use in women under the age of 17.

Levonorgestrel tablets, 0.75mg is the generic equivalent to Duramed Pharmaceuticals's Plan B (Rx/OTC), which is indicated for the prevention of pregnancy following unprotected intercourse or contraceptive failure.

Watson will market the product under the trade name Next Choice and plans to launch the product shortly.

On June 24, 2009, Watson received FDA approval of Next Choice tablets, 0.75mg for prescription use. Following this approval, Next Choice is now labeled for both prescription and over-the-counter use.

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