Knight Ridder/Tribune Business News - Beleaguered Mylan Laboratories wins drug approvals.

By Alana Semuels, Pittsburgh Post-Gazette Knight Ridder/Tribune Business News
Aug. 24–Mylan Laboratories shook off a shaky two weeks yesterday with some good news — the Food and Drug Administration granted final approval yesterday for a generic version of the hypertension drug Lopressor and tentative approval of Pfizer’s popular allergy and depression medications Zyrtec and Zoloft.

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FDA First-time generics approvals–2004.(RX Special Report)

Although Zoloft generated $3.12 billion in sales last year and Zyrtec generated $1.34 billion, Mylan cannot launch generic versions of these two drugs until 2007 and 2006, respectively. Mylan …

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