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Taro receives final FDA approval for seizure treatment

4/3/2009

HAWTHORNE, N.Y. Taro Pharmaceutical Industries reported Friday that it received final approval from the Food and Drug Administration for its abbreviated new drug application for carbamazepine extended-release tablets.

Taro's carbamazepine extended-release tablets have been approved in 100-mg, 200-mg and 400-mg strengths. They are bioequivalent to Novartis' Tegretol-XR Tablets, a prescription pharmaceutical product used for treating seizures. According to industry sources, Tegretol-XR Tablets had annual U.S. sales in 2008 of approximately $100 million.

The FDA has informed the company that it was the first ANDA applicant to submit a substantially complete ANDA for carbamazepine extended-release tablets 100-mg with a paragraph IV certification, and that no other applicant is at present eligible for approval.

The FDA also has advised Taro that it will not make a formal determination of Taro’s eligibility for 180-day generic drug exclusivity for its carbamazepine extended-release tablets 100-mg, unless another applicant becomes eligible for approval within 180 days after Taro begins commercial marketing.

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