Ivax has been given the nod from the FDA for its abbreviated new drug application for nizatidine capsules, a generic version of Eli Lilly's Axid. Nizatidine, approved in 150 mg and 300 mg strengths, is designed to relieve heartburn, acid indigestion and sour stomach. Sales of Axid in the United States last year were about $233 million.
COPYRIGHT 2002 Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
COPYRIGHT 2002 Gale Group