Canada’s Biovail has achieved a significant milestone with the US approval of Cardizem LA (diltiazem), the first drug developed under a New Drug Application that the company will launch directly to physicians. Cardizem LA is a graded-release formulation of the calcium channel blocker that provides 24-hour control of blood…
Teva will launch Diltiazem Extended Release Capsules (once-a-day) in all dosage strengths. Diltiazem ER is the generic equivalent of Aventis’ (formerly Hoechst) Cardizem CD, which is indicated for the treatment of hypertension and angina. Sales of Cardizem CD in the. United States for the 12 months ended June 30 exceeded $650 million, Teva said.
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Biovail Corp. has purchased the rights to market the Cardizem line of calcium channel blockers in North America from Aventis. Biovail will pay Aventis $409.5 million. Aventis will continue to manufacture the Cardizem line.
The Cardizem product line includes Cardizem CD (diltiazem) for hypertension…
WHEN THE CONDUCT OF HEALTH CARE PROVIDERS IS SO OUTRAGEOUS AND CLEARLY CONTRARY TO APPLICABLE STANDARDS OF CARE, PUNITIVE DAMAGES CAN BE AWARDED. Often, there is a direct correlation between the amount of punitive damages awarded and the extent to which the conduct is outrageous and violative of applicable standards of care. That was the situation in this unusual case in whic…
Business Editors/Health/Medical Writers
TORONTO–(BUSINESS WIRE)–March 3, 2004
Biovail Corporation (NYSE:BVF) (TSX:BVF):
— Core Product sales revenue increases by 59%
— Core Product Revenue $172 million for 2003 versus $108 million
for 2002
— Biovail Pharmaceuticals Canada Product Revenue $85 million for
2003 versus $33 million for 2002
— Wellbutrin XL Revenue $65 million for 2003
…
FORT LAUDERDALE, Fla. — Andrx Corporation (Nasdaq:ADRX) (”Andrx” or “Company”) today announced that it has a pending abbreviated new drug application (”ANDA”) with the United States Food and Drug Administration (”FDA”) for generic versions of Cardizem(R) LA (diltiazem HCl extended-release tablets), 120mg, 180mg, 240mg, 300mg, 360mg and 420mg strengths. Andrx initially filed its ANDA for the 420mg s…
