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Metformin extended-release tablets approved for patients with type 2 diabetes. The product will be available in 500 mg, 850 mg and 1,000 mg tablets. Metformin immediate-release is recommended for two- or three-times daily dosing. Bristol is relying on the new formulation and its recently approved combo product Glucovance to protect its $1.9 bil. Glucophage franchise, which lost exclusivity in September
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