Lannett Company Receives FDA Approval for Rifampin Capsules USP, 150 mg and 300 mg

Mar 31, 2008 - Lannett Company, Inc. (AMEX:LCI), a manufacturer of generic pharmaceuticals, today announced that it has received approval from the U.S. Food and Drug Administration (FDA) of its Abbreviated New Drug Application (ANDA) for Rifampin Capsules in 150 mg and 300 mg, the generic equivalent of Rifadin(R) Capsules marketed by Sanofi Aventis US, LLC.

According to Wolters Kluwer, total sales of generic Rifampin Capsules were $38 million in 2007. Rifampin is indicated in the treatment of all forms of tuberculosis and for the treatment of asymptomatic carriers of Neisseria meningitidis to eliminate meningococci from the nasopharynx.

"This approval bolsters our growing portfolio of manufactured pharmaceutical products," said Arthur Bedrosian, president and chief executive officer of Lannett. "We expect to commence marketing both dosages of our Rifampin product in the near term."