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Today's hot alert includes : Mylan Inc. (Nasdaq: MYL)
Mylan Receives FDA Approval for Generic Version of Anticonvulsant Topamax(R) Sprinkle Capsules
PITTSBURGH, Oct. 15 -- Mylan Inc. (Nasdaq: MYL | Quote | Chart | News | PowerRating) today announced that its subsidiary Mylan Pharmaceuticals Inc. has received approval from the U.S. Food and Drug Administration (FDA) for its Abbreviated New Drug Application (ANDA) for Topiramate Capsules (Sprinkle), 15 mg and 25 mg.
Topiramate Capsules (Sprinkle) are the generic version of Ortho McNeil's anticonvulsant Topamax Sprinkle Capsules, 15 mg and 25 mg. For the 12 months ending June 30, 2009, Topiramate Capsules (Sprinkle) had U.S. sales of approximately $58 million for the same strengths, according to IMS Health. Mylan has launched this product.
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