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Mylan receives FDA approval for generic version of heartburn drug Prevacid


Associated Press
11/10/09 4:00 PM EST

PITTSBURGH — Mylan Inc. said Tuesday the Food and Drug Administration approved its generic version of the heartburn drug Prevacid.

Mylan will sell 15-milligram and 30-milligram delayed-release capsule versions of the drug.

Mylan said the branded version of Prevacid had sales of about $3 billion in the 12 months ending June 30.

Shares of Mylan fell 32 cents to $17.59 in afternoon trading.



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