Generic epinastine solution gets FDA approval
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ALLEGAN, Mich. A generic version of Elestat has received final approval from the U.S. Food and Drug Administration and will begin shipping immediately, Perrigo Company announced in a press release.
Elestat (epinastine HCl ophthalmic solution 0.05%, Allergan) generates about $30 million in sales each year as a treatment for ocular itching associated with allergic conjunctivitis, the release said.
"Perrigo is excited to launch another new product in the ophthalmic category as part of our extended topical strategy," Joseph C. Papa, Perrigo chairman and CEO, said in the release. "This product is another example of Perrigo's commitment to expand our portfolio and bring new products to market. It further demonstrates our strategy to deliver quality affordable health care products."
Perrigo's partner, PharmaForce/Luitpold Pharmaceuticals, received the approval and will produce the epinastine solution, according to the release.