Ranbaxy: Generic Version of Flomax to Be Launched in March

Posted AtOnline.wsj.com

MUMBAI -- Ranbaxy Laboratories Ltd. will launch its generic version of the urinary disorders drug, Flomax, in the U.S. in March 2010, a top executive said Thursday, allowing the Indian drug maker take advantage of its "first-to-file" status.

The "first-to-file" status--granted by the U.S. Food and Drug Administration--gives a generic drug maker six months of exclusive sales for their copycat versions of a medicine, helping it rake in profits before competitors launch ...

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December 24, 2009