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Perrigo Announces Launch Of AB Rated Generic Version Of BenzaClin Topical Gel

Perrigo Company plc (PRGO) said that it has received an AB therapeutic equivalent rating and final U.S. Food and Drug Administration or "FDA" approval for the generic version of Valeant Pharmaceutical International, Inc.'s BenzaClin Topical Gel.

The FDA concluded that Perrigo's product is therapeutically equivalent to BenzaClin Gel 1%/5% and can be substituted with the full expectation that it will produce the same clinical effect and safety profile as BenzaClin Gel 1%/5% when used under the conditions specified in the label. Shipments to customers will begin immediately.

BenzaClin Topical Gel (clindamycin phosphate 1% and benzoyl peroxide 5%) is indicated for the topical treatment of acne vulgaris. Combined generic and branded sales for the twelve months ending July 2015 were $231 million.

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