Watson gets FDA approval for generic Plan B

Wed Jun 24, 2009 6:06 PM EDT

business, us, fda, drug-administration, pharmaceuticals, plan-b, watson-pharmaceuticals, duramed-pharmaceuticals'

NEW YORK — Watson Pharmaceuticals Inc. said Wednesday it recieved Food and Drug Administration approval for a generic version of Duramed Pharmaceuticals' Plan B emergency contraceptive.

The generic version is approved for prescription use only.

Duramed has exclusive rights from Barr Pharmaceuticals to sell an over-the-counter version of the emergency contraceptive, but those rights expire Aug. 24.

Watson will market its prescription product under the name Next Choice.

Shares of Corona, Calif.-based Watson rose 4 cents to close at $32.02.

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Watson gets FDA approval for generic Plan B

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