TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Mylan adds generic Detrol, HIV/AIDS drugs

Email Newsletters

Click here to sign up for one of our email newsletters.

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

MYL $27.29 +$0.10

at close on THURSDAY

Daily Photo Galleries

Thursday, Nov. 29, 2012, 12:40 p.m.
 

Mylan Inc. said on Thursday that it had introduced a generic incontinence drug to the U.S. market and was selected by the South African government as a supplier of antiretroviral drugs.

Cecil-based Mylan has started selling Tolterodine Tartrate tablets, the generic version of Detrol, made by Pfizer Inc. Tolterodine Tartrate had U.S. sales of $61.5 million for the 12 months ended Sept. 30.

The company said the South African National Department of Health selected Mylan's Indian subsidiary to supply it with 31 percent of the 30 million units of HIV/AIDS drugs it will buy in a two-year period ending Dec. 31, 2014.

Mylan's share of the contract is valued at about $127.5 million.

Add Alex Nixon to your Google+ circles.

Subscribe today! Click here for our subscription offers.

 

 

 


Show commenting policy

Most-Read Stories

  1. Federal, Indiana authorities raid home of Subway spokesman
  2. Starkey: Burnett writing incredible final chapter
  3. 6 PSU, Pitt, WVU players on watch lists for Maxwell, Bednarik awards
  4. Penn Hills gravestone business owner who swindled mourning families sentenced to jail
  5. New Kensington residents furious over road conditions
  6. Alvarez’s walk-off single lifts Pirates over Padres
  7. Crazy Mocha owner likes comfort, says shrewd decisions foster growth
  8. House explodes in North Braddock
  9. Pirates notebook: Four players selected for All-Star Game
  10. Living Treasures animal park plans upset Liberty residents
  11. Fox Chapel’s McCrady to play lacrosse at Brown