Wednesday, March 12, 2008

Strides Arcolab Receives Health Canada Approval for Tazo Pip Injection

12-Mar-08-Strides Arcolab today announced its second ANDS approval from Health Canada for Tazo Pip Sterile Injection in three presentations.

The product is licensed to an undisclosed partner in Canada and the company expects to launch the product immediately.

Pip Taz is amongst the various sterile submissions the company has submitted with Health Canada. Tazo Pip is a generic version of Tazocin ® – registered trade mark of Wyeth. Market for Pip Taz in Canada is approximately US$ 20 million and has global sales of over US$ 500 million

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