Mylan Canada Receives Health Canada Approval for Generic Version of Tracleer®
Mylan Inc. (Nasdaq: MYL) today announced that its Canadian subsidiary, Mylan Pharmaceuticals ULC, has received approval from Health Canada for Mylan-Bosentan Tablets, 62.5 mg and 125 mg. Mylan-Bosentan is the generic version of Actelion Pharmaceuticals Ltd.'s Tracleer®, used for the treatment of pulmonary arterial hypertension(1). According to IMS Health, Bosentan Tablets had Canadian sales of approximately $37.8 million(2) for the 12 months ending March 31, 2012.
"Providing Canadians access to high quality, affordable medicines is our primary goal," said Dick Guest, Mylan Canada's President and CEO. "By providing access to more affordable generic drugs, Mylan helps to reduce the burden on our health care system, benefiting all Canadians."
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