Mylan NV announced the US launch of methylphenidate hydrochloride extended-release tablets USP, 18 mg, 27 mg, 36 mg and 54 mg, a generic version of Janssen's Concerta tablets. Mylan received final approval from the US Food and Drug Administration (FDA) for its Abbreviated New Drug Application (ANDA) for this product, which is indicated for the treatment of attention deficit hyperactivity disorder (ADHD).
Methylphenidate hydrochloride extended-release tablets USP, 18 mg, 27 mg, 36 mg and 54 mg, had US sales of approximately $1.59 billion for the 12 months ending October 31, 2016, according to IMS Health.
Currently, Mylan has more than 240 ANDAs pending FDA approval representing approximately $95.6 billion in annual brand sales, according to IMS Health. Forty-one of these pending ANDAs are potential first-to-file opportunities, representing $32.5 billion in annual brand sales, for the 12 months ending June 30, 2016, according to IMS Health.
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