IVAX gets approval for doxycycline

22 May 2005

The USA's IVAX Corp has received final approval from the US Food and Drug Administration for its Abbreviated New Drug Application for doxycycline hyclate 20mg tablets.

The drug, to be sold through IVAX' wholly-owned subsidiary, IVAX Pharmaceuticals, is the generic equivalent of Periostat Tablets, which is marketed by CollaGenex Pharmaceuticals for the treatment of bacterial infections and adult periodontitis. According to IMS data, combined US sales of Periostat Tablets and doxycycline hyclate 20mg tablets totaled $51.0 million during 2004.

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