
FDA approves first generic version of Lidoderm
FDA has approved Watson's lidocaine topical patch 5%, the first generic version of (Endo) for the relief of pain associated with post-herpetic neuralgia.
FDA has approved Watson’s lidocaine topical patch 5%, the first generic version of
Watson is expected to launch the product September 2013 pursuant with its settlement agreement with Endo Pharmaceuticals Inc. and believes that under Hatch Waxman rules, it will be entitled to 180 days of marketing exclusivity.
On May 29, 2012, Watson entered into an agreement with Endo Pharmaceuticals Inc. and Teikoku Seiyaku Co., Ltd to settle all outstanding patent litigation related to Watson’s generic version of Lidoderm. The agreement allows Watson to launch its lidocaine topical patch 5% product on September 15, 2013.
According to a
For the 12 months ending June 30, 2012, Lidoderm had total U.S. sales of approximately $1.2 billion, according to IMS Health data.
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