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Mylan Confirms Endo Suit Over Generic Migraine Drug Application

DOW JONES NEWSWIRES Mylan Inc. (MYL) confirmed Wednesday that it has been sued by Endo Pharmaceuticals Holdings Inc. (ENDP) over its application for approval of a generic drug used to treat acute migraine headaches in adults. Mylan--one of the world's largest generic drug makers--said it believes it is the first company to file a substantially complete application for approval of frovatriptan succinate EQ, a generic version of Frova. The company said it expects to qualify for 180 days of marketing exclusivity upon final approval from the Food and Drug Administration. Mylan, which has had litigation-related charges figure prominently in its recent quarterly results, last month reported second-quarter earnings surged 70% as sales got a lift from a weaker dollar. Shares closed Tuesday at $20.01 and were inactive in recent premarket trade. Through the latest close, the stock is down 5.3% since the start of the year. -By Mia Lamar, Dow Jones Newswires; 212-416-3207; mia.lamar@dowjones.com

Stock News for Mylan Inc. (MYL)
DateTimeHeadline
03/26/201508:36:34Mylan Is One Of The Most Undervalued Generic Companies
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03/12/201512:30:00Mylan N.V. and Mylan Inc. Announce Successful Completion of Consent...
03/11/201507:30:00Mylan Launches Generic Subutex® Sublingual Tablets
03/11/201507:00:00Mylan Launches Generic Antabuse® Tablets
03/11/201506:30:00Mylan Launches First and Only Available Intermediate Dosage Strengths...
03/10/201508:52:06Mylan Posts Lowest Full-Year Comprehensive Earnings Since 2008
03/09/201505:48:27The Top Scoring Stocks To Buy This Week
03/06/201508:00:00Mylan to Present at the Barclays Global Healthcare Conference
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03/03/201517:35:07MARKET SNAPSHOT: U.S. Stock Futures Signal Lower Open A Day After...
03/03/201508:55:00Mylan N.V. and Mylan Inc. Announce Commencement of Consent Solicitations...
03/03/201508:36:07MARKET SNAPSHOT: U.S. Stocks: Futures Retreat After Nasdaq Breaks...
03/03/201506:01:39Notice of Effectiveness (effect)
03/03/201506:01:05Notice of Effectiveness (effect)
03/02/201523:21:04Mylan (MYL) Heather M. Bresch on Q4 2014 Results - Earnings Call...

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