RANBAXY LAUNCHES DONEPEZIL
5 MG AND 10 MG TABLETS TO U.S. HEALTHCARE SYSTEM
Ranbaxy Granted 180-Day Sole Marketing Exclusivity
Gurgaon, India and Princeton, NJ –
November 30, 2010 -- Ranbaxy Pharmaceuticals
Inc., a wholly owned subsidiary of Ranbaxy Laboratories
Limited (RLL), announced that RLL has received final
approval from the U.S. Food and Drug Administration
to manufacture and market Donepezil Hydrochloride Tablets
5 mg and 10 mg with 180 day market exclusivity in the
U.S. healthcare system. Total annual market sales for
Aricept® 5 mg and 10 mg tablets were $2.6 billion
(IMS-MAT: September 2010). Aricept® is indicated
for the treatment of dementia of the Alzheimer's type,
and in patients with mild to moderate and severe Alzheimer's
disease.
“We are pleased to announce the launch of Donepezil,
which expands Ranbaxy’s portfolio of affordable
generic pharmaceuticals. Ranbaxy’s generic formulation
of Aricept® will benefit the U.S. healthcare system
by providing a more affordable treatment option to patients,
which will have a positive impact on escalating U.S.
healthcare costs,” said Bill Winter, Vice President
of Trade Sales, RPI.
According to the Alzheimer’s Association, 5.3
million Americans of all ages have Alzheimer’s
disease. “Since the incidence of dementia has
increased, while the costs associated with treating
dementia continue to rise, the launch of a generic formulation
of Donepezil tablets will provide patients with a cost
effective alternative. The end result will be a significant
reduction in healthcare costs for those individuals
suffering from Alzheimer’s disease” commented
Arun Sawhney, Managing Director, Ranbaxy Laboratories
Ltd.
Ranbaxy Pharmaceuticals Inc. (RPI) based in Jacksonville,
Florida, USA, is a wholly owned subsidiary of Ranbaxy
Laboratories Limited (RLL), India’s largest pharmaceutical
company. RPI is engaged in the sale and distribution
of generic and branded prescription products in the
U.S. healthcare system.
Ranbaxy Laboratories Limited, headquartered in India,
is an integrated, research based, international pharmaceutical
company producing a wide range of quality, affordable
generic medicines, trusted by healthcare professionals
and patients across geographies. Ranbaxy’s continued
focus on R&D has resulted in several approvals in
developed markets and significant progress in New Drug
Discovery Research. The Company’s foray into Novel
Drug Delivery Systems has led to proprietary "platform
technologies", resulting in a number of products
under development. The Company is serving its customers
in over 125 countries and has an expanding international
portfolio of affiliates, joint ventures and alliances,
ground operations in 46 countries and manufacturing
operations in 7 countries. Ranbaxy is a member of the
Daiichi Sankyo Group. Daiichi Sankyo is a leading global
pharma innovator, headquartered in Tokyo, Japan.
*Aricept® is a registered trademark of Eisai
Inc.
|