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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;

Stock News for Mylan Inc. (MYL)
04/27/201522:05:08Mylan Rejects Teva's Unsolicited $40 Billion Bid--4th Update
04/27/201517:11:34Filing of Certain Prospectuses and Communications in Connection...
04/27/201515:26:36Mylan Rejects Teva's Unsolicited $40 Billion Bid--3rd Update
04/27/201513:41:25Mylan Rejects Teva's Unsolicited $40 Billion Bid--2nd Update
04/27/201512:21:00Mylan Schedules First Quarter 2015 Financial Results Conference...
04/27/201511:34:51Mylan Rejects Teva's Unsolicited $40 Billion Bid
04/27/201511:00:13Mylan Rejects Teva's Unsolicited $40 Billion Bid
04/27/201510:50:24Mylan Rejects Teva's Unsolicited $40 Billion Bid
04/27/201509:19:00Mylan Board Unanimously Rejects Unsolicited Expression of Interest...
04/24/201515:59:35Mylan Raises Bid for Generic Drug Maker Perrigo -- 6th Update
04/24/201513:04:32Mylan Raises Bid for Generic Drug Maker Perrigo -- 5th Update
04/24/201512:16:36Mylan Raises Bid for Generic Drug Maker Perrigo -- 4th Update
04/24/201512:09:00Perrigo Rejects Mylan Unsolicited Offer
04/24/201511:21:57Mylan to Make Formal Bid for Perrigo -- 3rd Update
04/24/201511:11:04Mylan to Make Formal Bid for Perrigo -- 2nd Update
04/24/201510:51:52Mylan to Make Formal Bid for Perrigo -- Update
04/24/201510:50:09Mylan to Make Formal Bid for Perrigo
04/24/201510:36:24Mylan to Make Formal Bid for Perrigo
04/24/201509:44:00Mylan To Commence Formal Offer To Acquire Perrigo For US$60 In...
04/24/201509:30:52Mylan NV PT Raised to $82.00 at Deutsche Bank (MYL)

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