Matrix Receives Approval For Generic Version of Valtrex

The product is being distributed by Mylan Pharmaceuticals. Valacyclovir Hydrochloride Tablets had US sales of approximately $2.15 billion for the 12 months ending ending March 31, 2010, according to IMS Health.

Currently, Mylan has 142 ANDAs pending FDA approval representing $95.6 billion in annual brand sales. Thirty-seven of these pending ANDAs are potential first-to-file opportunities, representing $19.6 billion in annual brand sales for the 12 months ending December 31, 2009, according to IMS Health.

Will Matrix benefit with the approval?

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