From Earlier: Dr. Reddy's Announces the Launch of Over-the-Counter Lansoprazole Delayed-Release Capsules

Dr. Reddy's Laboratories

announced today that it has launched over-the-counter (OTC) Lansoprazole delayed-release capsules in the U.S. market on May 18, 2012, following Dr. Reddy's ANDA approval by the United States Food & Drug Administration (USFDA). Dr. Reddy's will market the product under store brand labels in the U.S. market. The product is the bioequivalent version of Novartis Consumer Health's Prevacid®24 HR capsule which received Rx-to-OTC switch approval with 3 year exclusivity from the FDA on March 18, 2009. The Prevacid®24 HR capsule market had brand sales of approximately $115 million for the twelve months ending March 2012 according to SymphonyIRI InfoScan Reviews™.