Amneal FDA Tuesday, February 16, 2016 +0.40 Positive

FDA Approves DEXTROAMPHETAMINE SACCHARATE, AMPHETAMINE ASPARTATE MONOHYDRATE, DEXTROAMPHETAMINE SULFATE AND AMPHETAMINE SULFATE — Amneal Pharmaceuticals of New York LLC

Amneal Pharmaceuticals received FDA approval Wednesday for a supplemental ANDA to manufacture generic dexmethylphenidate (Ritalin La), an oral treatment for ADHD. The New York-based company faces anticipated biosimilars from Teva and Mylan in the coming years, potentially pressuring generic pricing for the brand product.

View original filing at SEC.gov →
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.

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