Lannett Launches Fluvastatin Sodium ER Tablets
PHILADELPHIA, July 12, 2021 /PRNewswire/ --Lannett Company, Inc. (NYSE: LCI) today announced that it recently began marketing Fluvastatin Sodium Extended-release Tablets, 80 mg, a partnered product.
- PHILADELPHIA, July 12, 2021 /PRNewswire/ --Lannett Company, Inc. (NYSE: LCI) today announced that it recently began marketing Fluvastatin Sodium Extended-release Tablets, 80 mg, a partnered product.
- Total U.S. sales of Fluvastatin Sodium Extended-release Tablets, 80 mg, according to IQVIA market, were approximately $10 million for the 12 months ending May 2021, although actual generic market values are expected to be lower.
- "Although the market potential is modest, we are pleased to offer an affordable Fluvastatin alternative to our customers," said Tim Crew, chief executive officer of Lannett.
- "Currently, only one other competitor markets generic Fluvastatin Sodium Extended-release Tablets, 80 mg, in the U.S."
Fluvastatin Sodium Extended-release Tablets, the generic equivalent of Novartis' Lescol XL Tablets, is used as an adjunct to diet to treat elevated cholesterol levels.