Par Pharmaceutical Receives Approval to Market Generic Ultracet®
Spring Valley, New York, April 22, 2005 — Par Pharmaceutical Companies, Inc. (NYSE:PRX) today announced that its wholly-owned subsidiary, Kali Laboratories, Inc., has received final approval from the U.S. Food and Drug Administration (FDA) for its Abbreviated New Drug Application (ANDA) for tramadol hydrochloride (HCl) and acetaminophen tablets. Kali has been awarded 180 days of marketing exclusivity, commencing at launch, for being the first to file an ANDA containing a paragraph IV certification for the product. Ortho-McNeil Pharmaceutical, Inc. currently markets 37.5 mg tramadol HCl/325 mg acetaminophen tablets under the brand name Ultracet®. The product is indicated for the short-term (five days or less) management of acute pain and has annual U.S. sales of approximately $350 million.
Complete press release is available at Par Pharmaceutical
This is not a new drug but it is the first generic Ultracet. Pharmer.org usually doesn't report on first-time generics. In this case, though, it seemed appropriate since we do provide pill identification imprints for most brands of tramadol without acetaminophen in our Imprints of Opioid Analgesics.