Barr receives approval for generic Prozac

Published: 2-Mar-2002


US company Barr Laboratories has received approval from the FDA for its fluoxetine capsules (10mg), the generic equivalent of Lilly's Prozac capsules. The company expects to launch the product immediately. Fluoxetine (10mg) is indicated for the treatment of depression and for the treatment of obsessions and compulsions in patients with obsessive-compulsive disorder (OCD), which is affecting their social or occupational functioning .

'With this approval, Barr now offers customers both strengths of generic Prozac capsule products,' said Bruce L Downey, Barr's chairman and ceo. 'Since launch in August, our 20mg capsule product has captured nearly 80% of the market.'

Current annual sales for Prozac (10mg) capsules are US$227.3m (€259m).

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