Article
Actavis plc today announced that it has launched a generic version of Celebrex® 50 mg, 100 mg, 200 mg and 400 mg capsules, as part of a settlement agreement with Pfizer, Inc.
DUBLIN
,
Dec. 10, 2014
/PRNewswire/ --
Actavis plc
(NYSE: ACT) today announced that it has launched a generic version of Celebrex® (celecoxib) 50 mg, 100 mg, 200 mg and 400 mg capsules, as part of a settlement agreement with Pfizer, Inc.
Celebrex® is indicated for the relief of the signs and symptoms of osteoarthritis, rheumatoid arthritis, and ankylosing spondylitis, and for the management of acute pain in adults. For the 12-month period ending
June 30, 2014
, Celebrex® had U.S. sales of approximately
$2.4 billion
, according to
IMS Health
data.
About
Actavis
Actavis plc
(NYSE:ACT), headquartered in
Dublin, Ireland
, is a unique specialty pharmaceutical company focused on developing, manufacturing and commercializing high quality affordable generic and innovative branded pharmaceutical products for patients around the world.
Actavis
markets a broad portfolio of branded and generic pharmaceuticals and develops innovative medicines for patients suffering from diseases principally in the central nervous system, gastroenterology, women's health, urology, cardiovascular, respiratory and anti-infective therapeutic categories. The company is an industry leader in product research and development, with one of the broadest brand development pipelines in the pharmaceutical industry, and a leading position in the submission of generic product applications.
Actavis
has commercial operations in more than 60 countries and operates more than 30 manufacturing and distribution facilities around the world.
For more information, visit
Actavis'
website at www.actavis.com.
Forward-Looking Statement
Statements contained in this press release that refer to non-historical facts are forward-looking statements that reflect
Actavis'
current perspective of existing information as of the date of this release. It is important to note that
Actavis'
goals and expectations are not predictions of actual performance. Actual results may differ materially from
Actavis'
current expectations depending upon a number of factors, risks and uncertainties affecting
Actavis'
business. These factors include, among others, the impact of competitive products and pricing; the timing and success of product launches; difficulties or delays in manufacturing; the availability and pricing of third party sourced products and materials; successful compliance with
FDA
and other governmental regulations applicable to
Actavis
and its third party manufacturers' facilities, products and/or businesses; the difficulty of predicting how the
FDA
will interpret applicable Hatch Waxman rules related to
Actavis'
entitlement to marketing exclusivity and the possibility that an adverse interpretation of such rules could negatively affect
Actavis'
marketing exclusivity; changes in the laws and regulations, including
Medicare
and
Medicaid
, affecting among other things, pricing and reimbursement of pharmaceutical products; and such other risks and uncertainties detailed in
Actavis'
periodic public filings with the
Securities and Exchange Commission
, including but not limited to
Actavis plc's
quarterly report on Form 10-Q for the quarter ended
September 30, 2014
. Except as expressly required by law,
Actavis
disclaims any intent or obligation to update these forward-looking statements.