Press releases
Nov 06, 2006 / Investor
Actavis Launches Glipizide ER Tablets in the U.S.
Actavis today announced that Actavis U.S., its manufacturing and marketing division in the United States, has started to distribute Glipizide ER tablets across the country.
Glipizide ER tablets are used to treat type 2 diabetes in patients, particularly in people whose diabetes cannot be controlled through diet alone. Glipizide ER tablets are the authorized generic product of Pfizer's Glucotrol XL® tablets. The product is acquired by Actavis from Andrx Pharma as part of a Federal Trade Commission ("FTC") divestiture requirement. Actavis' product is AB rated to Glucotrol XL® tablets.
Glipizide ER tablets are available in 2.5mg, 5mg, and 10mg strengths. Total annual sales of Glipizide ER tablets from all suppliers in the U.S. were approximately US$195 million for the twelve months ending June 2006 according to IMS Health.
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