Natco receives USFDA tentative approval for armodafinil tablets
The company and its US partner, Breckenridge, have a license to market generic versions of Nuvigil (armodafinil) with 180 days exclusivity period
BS B2B Bureau B2B Connect | Mumbai
Cephalon Inc, a wholly-owned subsidiary of Teva Pharmaceutical, currently sells armodafinil 50 mg, 150 mg, and 250 mg tablets under the brand name Nuvigil in the US market. Breckenridge had filed the abbreviated new drug application (ANDA) with a Paragraph IV certification to obtain approval to manufacture generic version of Nuvigil prior to expiration of the listed patents.
Natco and Breckenridge have entered into a settlement regarding the ANDA with Cephalon. Cephalon has granted Natco and Breckenridge a license to market generic versions of the 50 mg, 100 mg, 150 mg, 200 mg and 250 mg strengths of Nuvigil, beginning 180 days after the initial launch of these strengths.
The market size of Nuvigil, a wakefulness promoting drug, in the US is around $457 million for twelve months ending August 2014, according to IMS Health.
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First Published: Oct 21 2014 | 3:22 PM IST