Lannett Company, Inc. (AMEX:LCI), a manufacturer of generic pharmaceuticals, today said that it expects to commence marketing Amantadine Hydrochloride Soft Gel Capsules 100mg, within the next several months. According to Wolters Kluwer, annual sales in 2007 of both the generic and brand product totaled $30 million.
Lannett will receive finished product from Banner Pharmacaps, Inc., under a previously announced supply agreement. Banner received approval from the U.S. Food and Drug Administration (FDA) of its Abbreviated New Drug Application (ANDA) last week for Amantadine Hydrochloride Soft Gel Capsules USP 100 mg, the generic equivalent of USL Pharma's Symmetrel(R).
The details can be read here.
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