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IVAX Corporation

Pharmaceutical company receives new drug approval for proprietary asthma product

Published in Medical Patent Week, December 5th, 2004

IVAX Corporation (IVX) received approval from the U.S. Food and Drug Administration (FDA) for its New Drug Application (NDA) for its patented HFA (CFC-free) formulation of albuterol in a metered dose inhaler (MDI) for the treatment of asthma.

The product will be marketed by IVAX' U.S. proprietary products subsidiary, IVAX Laboratories, Inc. IVAX has previously received an approvable letter from the FDA on its NDA for albuterol HFA (CFC-free) in the company's patented, breath-activated inhaler, known in Europe as Easi-Breathe.

Neil Flanzraich, vice chairman and president of IVAX Corporation, said, "Products for treating respiratory disease have become...

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