Teva Pharmaceutical Industries announced the launch of generic Pataday (olopatadine hydrochloride ophthalmic solution) 0.2% in the United States. Olopatadine hydrochloride ophthalmic solution 0.2% is a mast cell stabilizer indicated for the treatment of ocular itching associated with allergic conjunctivitis.
With nearly 600 generic medicines available, Teva has the largest portfolio of FDA-approved generic products on the market and holds the leading position in first-to-file opportunities, with over 100 pending first-to-files in the U.S. Currently, one in six generic prescriptions dispensed in the U.S. is filled with a Teva product.
“Olopatadine hydrochloride ophthalmic solution 0.2% is an important treatment for our patients and a key addition to our generics product portfolio,” Dipankar Bhattacharjee, Teva’s President and CEO, Global Generic Medicines, said in a company news release. “This launch marks another successful first-to-file product for Teva, bringing the only generic version of this product on the market.”
Pataday had annual sales of approximately $303 million in the US, according to IMS data as of March 2017.