A New Jersey company has announced it plans to sell its own version of a generic version of its heartburn drug Nexium.
The company, Teva Pharmaceuticals LP, plans to make the drug available in two generic forms.
Nexium, sold as Prevacid, is also a heartburn medication that has been in use for the past six years.
In a statement, Teva said: "We are pleased with the success of our launch of this new generic version of Nexium."
It will be available at Walmart for $10.00, and at CVS for $10.00.
In October, the drugmaker announced it had entered into a strategic partnership agreement with, which helps it win FDA approval for its heartburn drug, Nexium.
This launch was a major victory for Nexium, which has been the world's top-selling drug since its patent expired in 1998. The company, which is based in New Brunswick, New Jersey, will be able to launch its generic version of Nexium at a much lower price, the company said.
"The launch of our generic form of Nexium is a significant milestone for our patients who rely on this medication," said David R. Brown, company president of Teva Pharmaceuticals LP.
Brown said: "As a leader in prescription drugs, we look forward to the next steps in our mission to help consumers save on brand name drugs and make our medicines more affordable. We look forward to working with all of our stakeholders to achieve the stated goal of achieving the high quality they believe will drive growth in our pharmaceutical portfolio."
In September, the drugmaker said it would begin selling its own generic version of Nexium at a cost of $10.50 per tablet, which it is offering as a generic. This offer, which was announced as a potential generic, is expected to begin trading on the New York Stock Exchange in the first quarter of 2009.
Nexium is available as a brand name drug and can cost between $10 and $15 per tablet. It has a market value of about $3.8 billion, with a daily price of about $0.70 per tablet. It is the second-biggest U. S. generic drug maker after Pfizer Inc. in the second quarter of 2010.The company also is one of the world's leading generic drug manufacturers. Its global portfolio includes more than 80 U. and Canada-based generics, including,,,,, and Zydena.
The company's share price rose 4.5% to $3.99 per share from $1.74 per share in the same period in the prior year.
A new release of Nexium, produced by Teva Pharmaceuticals, will now be available in its generic form
Teva Pharmaceuticals LPTeva Pharmaceuticals LP, the world's largest generic drug maker, announced on Tuesday it is launching its own generic version of Nexium, produced by Teva Pharmaceuticals.
Teva Pharmaceuticals LP, the world's biggest generic drug maker, announced on Tuesday it is launching its own generic version of Nexium, produced by Teva Pharmaceuticals.
The company's share price rose 4.5% to $3.99 per share from $1.74 per share in the same period in the previous year. It was up 4.8% from $2.74 per share in the same period in the previous year.
Teva Pharmaceuticals LP said the launch is not related to its existing patent litigation and is not a potential threat to consumers. It will continue to sell its branded product and will continue to market its generic product in the U. market.
Teva Pharmaceuticals LP said: "Our long-term goal is to be a leader in the discovery and development of new medicines. This is an exciting time for our company. We look forward to working with all of our stakeholders to achieve the high quality we believe will drive growth in our pharmaceutical portfolio."
Teva Pharmaceuticals LP said: "We are excited about the potential launch of our generic Nexium in the U. and are confident it will become a leader in our generic market."
Teva Pharmaceuticals LP said: "We look forward to working with all of our stakeholders to achieve the stated goal of achieving the high quality we believe will drive growth in our pharmaceutical portfolio.
Nexium Control Tablets 20mg is used in adults for the short-term treatment of reflux symptoms (for example, heartburn and acid regurgitation).
Reflux is the backflow of acid from the stomach into the gullet (“foodpipe”) which may become inflamed and painful. This may cause you symptoms such as a painful sensation in the chest rising up to your throat (heartburn) and a sour taste in the mouth (acid regurgitation).
Nexium Control is not meant to bring immediate relief. You may need to take the tablets for 2-3 days in a row before you feel better. You must talk to a doctor if you do not feel better or if you feel worse after 14 days.
Warnings:
Do not use
If you are allergic to esomeprazole or any of the ingredients of this medicine.
Talk to your pharmacist or doctor if:
Storage Instructions
As with all medicines, please ensure you read the patient information leaflet before taking this item.
Medication package leafletFormulation Size | Small Packages, Needles, Revolve or Modulatley Size 10’s |
---|---|
Chew Alg | Pouch |
Xalactone 20mg | 4 pugs |
8 pugs | |
10 pugs |
The medication package also contains the following additional information:
To make sure that the medication is suitable for all patients taking Nexium Control, this medicine should not be used by patients with following medical conditions:
Please read the patient information leaflet before use.
Nexium Control tablets contain lactose.
Nexium control medicine contains the active ingredient esomeprazole, which belongs to a class of medications called proton pump inhibitors (PPI). A Nexium tablet is a product that helps to relieve acid and/or decrease gastric irritation caused by pe foods. Nexium is used to treat acid reflux, gastric irritation, and gastroesophageal reflux disease (GERD). It prevents the effect of acid in the stomach from being produced.
Esomeprazole is used to treat the symptoms of acid reflux, gastric irritation, and GERD. Esomeprazole is used to relieve heartburn and other symptoms of acid reflux. It is also used to treat symptoms of pe anhing in animals. Nexium control medicine contains a nonsteroidal anti-inflammatory drug (NSAID), which is used to control stomach ulcers and stomach bleeding. Nexium is used to treat the symptoms of gastroesophageal reflux (GERD) caused by stomach acid. It relieves acid and/or protonurrent in the stomach and other stomach tissues, and reduces pain and/or dysphagia in certain foods. It is used to decrease the symptoms of GERD and to reduce the risk of further problems such as heartburn and other related symptoms as described in the Nexium patent Specification.
Gastroesophageal reflux (“GERD”) is the cause of symptoms of acid reflux in people who have symptoms of gastric problems such as heartburn, heartburn with swallowing, hard-to-control low stomach acid. GERD is also known as "heartburn”.
Esomeprazole esomeprazole control medicineHow to use esomeprazole
Take this medicine in the dose and duration as advised by your veterinarian. Nexium control medicine is injected into a vein from a pet. Do not use Nexium from this dose as it could lead to the withdrawal symptoms listed below.
If you are allergic to esomeprazole or any of the other ingredients of this medicine, or any other inactive ingredients of this medicine, give this medicine by mouth only. Do not use Nexium from this dose as it may cause allergic reactions.
Tell your veterinarian if you are taking any other medicines, including any medicines that you get without prescription, herbal products, or recreational drugs. Do not give this medicine if your pet has not been able to swallow the tablets.
A new may take 3 to 6 days to get used to the new symptoms. If symptoms do not improve after 12 to 24 hours, you may need medical treatment.
A new may with new symptoms new symptomsIngredients
Active ingredientEsomeprazole
Active Ingredient
RxEsomeprazole esomeprazole is used to relieve heartburn, and is also used to reduce the risk of further problems such as heartburn as described in the Nexium patent Specification.
PITTSBURGH
NEXIUM CRAN SODS® (esomeprazole) is a prescription medication that is used to treat high blood pressure, a condition in which the heart muscle becomes very weak, or it cannot pump enough blood to meet your needs. It works by blocking the absorption of certain drugs in the body. Nexium CRAN SODS is manufactured by Vimovo Pharmaceuticals and is available in various strengths, including 20 mg and 40 mg tablets. The 20 mg tablets are available in a 10 mg, 10 mg, and 40 mg strength. The 40 mg tablets are available in a 20 mg strength and can be used to treat mild to moderate heart failure.
Nexium CRAN SODS is an oral medication used to treat frequent heartburn and acid reflux in adults and children over age 65. It helps prevent the acid from entering the stomach and esophagus, which can cause irritation. It works by blocking the absorption of certain drugs in the body, which helps to reduce symptoms and improve quality of life. Nexium CRAN SODS is not a cure for heartburn or acid reflux but helps to prevent it from recurring.
Nexium CRAN SODS is a proton pump inhibitor (PPI) that works by reducing the amount of acid produced by your stomach. It reduces the amount of acid your stomach produces and helps to relax the muscles in your esophagus and stomach. Nexium CRAN SODS works by blocking the action of a chemical called H+ and a chemical called L-arginine which help to increase the production of stomach acid. Nexium CRAN SODS also works to lower levels of proton pump inhibitors, such as ranitidine, by blocking the action of an enzyme called PPIs. These medications can be used to treat conditions like acid reflux in adults and children over 65 years of age.
NEXIUM CRAN SODS should be taken at least one hour before or six hours after meals to reduce stomach irritation. Do not take Nexium CRAN SODS more than once daily.
Common side effects of Nexium CRAN SODS are nausea, diarrhea, headache, constipation, dizziness, stomach upset, dry mouth, and upset stomach. These side effects are usually mild and go away on their own. However, if you experience any of the following serious side effects, stop taking Nexium CRAN SODS and seek emergency medical attention.
Take Nexium CRAN SODS exactly as prescribed by your doctor. Follow the directions on your prescription label. Swallow the tablet whole with a glass of water. Do not crush or chew the tablet. If you are taking Nexium CRAN SODS for heartburn, take it with food and do not take it more than once daily.
Nexium CRAN SODS should be taken at the same time each day. The frequency and duration of taking Nexium CRAN SODS will depend on the type of heartburn medication you are taking. Follow your doctor’s instructions carefully.