Avodart capsules have annual sales of $467 million in the US.
Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) has announced the exclusive launch of the generic equivalent to Avodart (dutasteride) capsules, 0.5 mg, in the US. Dutasteride is a 5 alpha-reductase enzyme inhibitor and works by lowering production of a hormone called dihydrotestosterone (DHT). Dutasteride capsules are used to treat the symptoms of benign prostatic hyperplasia (BPH) in men with an enlarged prostate.
Teva was first to file and expects to be exclusive for several weeks.
Avodart (dutasteride) capsules, marketed by GlaxoSmithKline, had annual sales of approximately $467 million in the US, according to IMS data as of July 2015.
Published by Globes [online], Israel business news - www.globes-online.com - on October 13, 2015
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