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Wockhardt to sell generic version of Abbott's Biaxin tablets
By Elaine Rigoli
Tampa, Fla., June 1 - Wockhardt Ltd. has received approval from the Food and Drug Administration for marketing Clarithromycin tablets in the U.S. market.
Clarithromycin is the generic version of Abbott's Biaxin tablets.
The company's American subsidiary, Wockhardt USA, Inc., is expected to launch the broad-spectrum macrolide antibiotic within the next two weeks, according to a news release.
As per IMS data, the current market for this product in the United States is $113 million.
With Clarithromycin, Wockhardt now has 13 products in the U.S. market, compared to five last year. The company has more than 20 products awaiting FDA approval.
Wockhardt is a technology-driven pharmaceutical and biotechnology company based in Maharashtra, India.
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