Amphastar Bags FDA Approval for Albuterol Sulfate Inhalation Aerosol
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Amphastar Pharmaceuticals, Inc. (NASDAQ:AMPH) has received FDA approval for its Albuterol Sulfate Inhalation Aerosol, which is bioequivalent to Teva Respiratory LLC's ProAir® HFA. This product is intended for the treatment and prevention of bronchospasm in patients aged four and older.
May 22, 2024 | 10:36 am
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Amphastar Pharmaceuticals has received FDA approval for its Albuterol Sulfate Inhalation Aerosol, which is bioequivalent to Teva's ProAir® HFA. This approval could boost Amphastar's market position and revenue.
FDA approval of a new drug typically leads to positive market reactions due to potential revenue growth. The bioequivalence to a well-known product like Teva's ProAir® HFA further strengthens Amphastar's market position.
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