US generic drugmaker Lannett has launched its own version of Endo Pharmaceuticals' Symmetrel (amantadine) for use as an anti-viral, anti-Parkinson's agent and in the treatment of drug-induced extrapyramidal symptoms.
"This is the fourth launch of a product that stems directly from our acquisition of Cody Laboratories, an important milestone for the company as we plan on introducing other pain management products," said chief executive Arthur Bedrosian. "Additionally, our joint venture with Banner Pharmacaps allows our company to augment our product offerings through a strategic alliance that we believe provides a competitive advantage," he added.
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