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Thursday, April 4, 2019

Perrigo Gets Tentative FDA Approval For Generic Version Of Sernivo® Spray

Perrigo Company plc (NYSE; TASE: PRGO), a leading global provider of “Quality, Affordable, Self-Care Products, today announced it has received tentative approval from the U.S. Food and Drug Administration for the generic version of Sernivo® (betamethasone dipropionate) Spray 0.05%. Perrigo previously settled its Hatch-Waxman litigation relating to Sernivo® (betamethasone dipropionate) Spray 0.05% brought by Promius Pharma LLC. Terms of the settlement remain confidential.

Annual market sales for the 12 months ending February 2019 were approximately $15 million as measured by IQVIA™.

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