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ARTICLE | Company News

FDA approves second generic of thrice-weekly Copaxone

February 13, 2018 10:52 PM UTC

The Sandoz Ltd. unit of Novartis AG (NYSE:NVS; SIX:NOVN) and partner Momenta Pharmaceuticals Inc. (NASDAQ:MNTA) said FDA approved an ANDA for thrice-weekly 40 mg/mL Glatopa glatiramer acetate injection as a generic version of multiple sclerosis drug Copaxone from Teva Pharmaceutical Industries Ltd. (NYSE:TEVA; Tel Aviv:TEVA).

Novartis and Momenta confirmed Sandoz has launched 40 mg/mL Glatopa, but Novartis spokesperson Eric Althoff declined to disclose its whole acquisition cost (WAC)...