News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 18 years ago
Rediff.com  » Business » Cipla to sell generic Flonase in US

Cipla to sell generic Flonase in US

March 09, 2006 05:03 IST
Get Rediff News in your Inbox:
Following the vacation of a stay order from a US district court against the generic versions of GSK's allergy drug -  Finolase - a host of generic companies including Cipla have been allowed to enter the US market.

GSK Plc had earlier sued the US Food and Drug Administration for clearing the sale of a generic form of Flonase. The company alleged that the FDA failed to establish that the generic copy of Flonase worked the same way as the original nasal spray.

The FDA in the second week of February had approved the generic companies' applications to sell the generic version. Following this, the GSK sought a stay order form the US Court against the FDA decision. Cipla is learnt to have started shipping the product after the US FDA clearance.

The US market for the drug is pegged at $1 billion. Cipla has been selling the product in the European market. It had won a similar case in the UK against GSK a couple of years ago.

Get Rediff News in your Inbox:
Source: source
 

Moneywiz Live!