Impax Laboratories, Inc. today announced the launch of a generic version of Metadate CD
OREANDA-NEWS. Impax Laboratories, Inc. (NASDAQ: IPXL) today announced the launch of a generic version of Metadate CD® (methylphenidate hydrochloride extended-release capsules), 10 mg, 20 mg, 30 mg, 40 mg, 50 mg, and 60 mg.
Impax is focused on further enhancing its portfolio of 73 solid oral dose and alternative dosage form generic products available. The launch of methylphenidate hydrochloride is Impax's sixth new product launch since the beginning of 2016.
Methylphenidate hydrochloride extended-release capsules had annual combined brand and generic sales of approximately $151 million in the United States, according to IMS Health (NSP) for the 12 months ending in July 2016.
About Impax Laboratories, Inc.
Impax Laboratories, Inc. (Impax) is a specialty pharmaceutical company applying its formulation expertise and drug delivery technology to the development of controlled-release and specialty generics in addition to the development of central nervous system disorder branded products. Impax markets its generic products through its Impax Generics division and markets its branded products through its Impax Specialty Pharma division. Additionally, where strategically appropriate, Impax develops marketing partnerships to fully leverage its technology platforms and pursues partnership opportunities that offer alternative dosage form technologies, such as injectables, nasal sprays, inhalers, patches, creams and ointments.