Perrigo Announces Launch of the Generic Version of Nasacort AQ

Perrigo Company PRGO today announced that its partner Teva Pharmaceutical Industries Ltd. TEVA has begun shipping Triamcinolone Acetonide Nasal Spray. Perrigo's partner Teva was the first applicant to file a complete ANDA with a Paragraph IV certification for Nasacort AQ and will be launching the product with 180 days of generic exclusivity. The Hatch Waxman litigation between Teva and Sanofi was settled in 2008. The product was developed and will be manufactured at Perrigo. Perrigo will share in the costs and benefits in Teva's marketing of the products under the agreement The product is the AB-rated equivalent to Sanofi's Nasacort® AQ, indicated for the treatment of the nasal symptoms of seasonal and year round allergies in adults and children six years of age and older. Sales for the brand were approximately $226 million, according to Wolters Kluwer data for the twelve months ending May 2011.