
Drug news
FDA approves generic Lovaza to reduce triglyceride (TG) levels- Teva
Teva Pharmaceutical Industries Ltd. has announced the approval on 8 April 2014 of the generic equivalent to Lovaza (Omega-3-Acid Ethyl Esters Capsules, USP), in the United States. Teva believes it is first-to-file and thus far is the only company to receive an approval from FDA. Teva plans to commence shipping immediately.
Lovaza Capsules, marketed by GlaxoSmithKline, had annual sales of approximately $1.1 billion in the United States, according to IMS data as of December 2013.