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    Akorn Receives Product Approval

    Gabrielle Lakusta
    Oct. 10, 2018 09:27AM PST
    Life Science Investing News

    Akorn (Nasdaq:AKRX), a leading specialty generic pharmaceutical company, today announced that it has received a new Abbreviated New Drug Application (ANDA) approval from the U.S. Food and Drug Administration (FDA) for Bimatoprost Ophthalmic Solution, 0.03%. As quoted in the press release: The product is manufactured at Akorn’s Amityville, New York manufacturing facility. According to IQVIA, …

    Akorn (Nasdaq:AKRX), a leading specialty generic pharmaceutical company, today announced that it has received a new Abbreviated New Drug Application (ANDA) approval from the U.S. Food and Drug Administration (FDA) for Bimatoprost Ophthalmic Solution, 0.03%.

    As quoted in the press release:

    The product is manufactured at Akorn’s Amityville, New York manufacturing facility.

    According to IQVIA, sales of bimatoprost ophthalmic solution, 0.03% were approximately $63.5 million for the twelve months ended August 2018.

    Bimatoprost ophthalmic solution, 0.03% is indicated to treat hypotrichosis of the eyelashes by increasing their growth including length, thickness and darkness.

    Click here to read the full press release.

    nasdaq:akrx
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