Perrigo files for generic version of Rogaine
Perrigo asks FDA for approval on over-the-counter version of Rogaine
- On 11:02 am EDT, Tuesday October 13, 2009
ALLEGAN, Mich. (AP) -- Perrigo Co. said Tuesday it asked the Food and Drug Administration to approve an over-the-counter version of Men's Rogaine.
Rogaine, made by Johnson & Johnson, is a topical aerosol foam used to regrow hair. The company estimated annual retail sales of about $52 million annually.
The patent holder, Stiefel Research Australia Pty. Ltd., is suing Perrigo for patent infringement.
Shares of Perrigo rose 51 cents to $36.70 in morning trading.
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