Mylan's Matrix Receives First and Only Tentative FDA Approval Under PEPFAR for Generic Version of Atripla(R) HIV Treatment
19 August 2009 - 1:15AM
PR Newswire (US)
PITTSBURGH, Aug. 18 /PRNewswire-FirstCall/ -- Mylan Inc.
(NASDAQ:MYL) today announced that Matrix Laboratories, an Indian
company in which Mylan owns a controlling stake, has received
tentative approval from the U.S. Food and Drug Administration (FDA)
under the President's Emergency Plan for AIDS Relief (PEPFAR) for
its Abbreviated New Drug Application (ANDA) for a fixed-dose
combination (FDC) of Efavirenz, Emtricitabine, Tenofovir Disoproxil
Fumarate Tablets, 600 mg/200 mg/300 mg. This is the first and only
generic version of this product and will be eligible for purchase
outside the U.S. in many developing countries. Mylan President
Heather Bresch said: "This critical approval only further
strengthens Mylan and Matrix's efforts to expand access to
life-saving, affordable AIDS treatments for people living with
HIV/AIDS in developing countries. Matrix's generic fixed-dose
combination will dramatically improve access to this more
patient-friendly medication while reducing the cost of treatment.
Our commitment to growing Matrix's ARV (antiretroviral) franchise
goes hand-in-hand with our desire to raise the standard of care in
developing countries to the levels available in countries like the
U.S." The Efavirenz, Emtricitabine and Tenofovir Disoproxil
Fumarate FDC is the generic version of Gilead Sciences' Atripla
Tablets, which are indicated for the treatment of HIV-1 infection
in adults. It combines three anti-AIDS medicines into a single
daily dose for either first- or second-line treatment and is one of
the best-selling AIDS products in developed countries, with
approximately $1.6 billion in U.S. sales alone for the twelve
months ending June 30, according to IMS Health. Until now, a
generic version of this product has not been available in any
market. Cocktails combining numerous drugs into a once daily dose
can dramatically reduce pill burden, an improvement which has been
shown to enhance patient compliance with complex treatment
regimens. The FDA's tentative approval under PEPFAR means that
Matrix's product meets all of the agency's manufacturing quality,
safety and efficacy standards. Although existing patents or
exclusivity prevent its marketing in the U.S., the product will be
eligible for purchase outside the U.S. in many developing
countries. Matrix's wide range of ARV products includes active
pharmaceutical ingredients (API) and first- and second-line
finished doses. The company's emphasis on producing affordable
products has allowed it to drive down the average annual cost per
patient of effective therapies. Approximately 30% of HIV/AIDS
patients in developing countries depend on at least one Matrix ARV
product. Mylan Inc., which provides products to customers in more
than 140 countries and territories, ranks among the leading
diversified generic and specialty pharmaceutical companies in the
world. The company maintains one of the industry's broadest - and
highest quality - product portfolios, supported by a robust product
pipeline; owns a controlling interest in the world's third largest
active pharmaceutical ingredient manufacturer; and operates a
specialty business focused on respiratory and allergy therapies.
For more information, please visit http://www.mylan.com/.
DATASOURCE: Mylan Inc. CONTACT: Media, Michael Laffin,
+1-724-514-1968, or Investors, Dan Crookshank, +1-724-514-1813,
both of Mylan Inc. Web Site: http://www.mylan.com/
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