Perrigo wins FDA approval for testosterone gel

AndroGel 1% testosterone gel is for the treatment of men with low or no testosterone.

Perrigo Company (Nasdaq:PRGO; TASE:PRGO) has obtained US Food and Drug Administration (FDA) approval for its AndroGel 1% testosterone gel for the treatment of men with low or no testosterone.

AndroGel is a bioequivalent of the AbbVie Inc. (Nasdaq: ABBV) testosterone gel. According to Symphony Health, the gel has $705 million in annual sales.

Published by Globes [online], Israel business news - www.globes-online.com - on February 6, 2013

© Copyright of Globes Publisher Itonut (1983) Ltd. 2013

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