Glucophage XR generic pricing
Executive Summary
Ivax' metformin extended-release priced at a 10.5% discount to Bristol-Myers Squibb's Glucophage XR. Average wholesale price for Ivax' generic is $74.18 for 100 tablets (500 mg), compared to $82.88 for Glucophage XR and $74.58 for Par's "authorized" generic, according to Price Alert. Ivax renewed shipments of metformin extended-release after FDA reinstated the ANDA approval effective Dec. 1 (1"The Pink Sheet" Dec. 1, 2003, p. 17)...
You may also be interested in...
Glucophage XR Settlement: Purepac, Ivax Split Generic Profits For 180 Days
Ivax and Purepac's exclusivity rights settlement for a generic version of Glucophage XR means FDA has avoided a legal challenge to its interpretation of first-to-file requirements for new ANDAs compared to amended applications
Japan Grants Global-First Approval To Zolbetuximab, 15 Other New Drugs
Astellas's first-in class CLDN18.2-targeting antibody receives its first approval worldwide, while crovalimab and a number of drugs for rare diseases also receive nods from regulators and are now awaiting reimbursement price-listing.
Hanmi-OCI Merger Hits Wall As Brothers Win Shareholder Vote, Board Seats
The planned merger of Korea's Hanmi Pharm Group with OCI Group hits a major speed bump as the two sons of Hanmi's founder and other candidates recommended by them secture board seats. But it remains to be seen how the Lim brothers will fulfil their ambitious promises.