Perrigo Co. (PRGO) said Tuesday that it has received U.S. Food and Drug Administration approval for its New Drug Application for testosterone gel 1%.
Perrigo's NDA included a bioequivalence study that compared its product to AbbVie's AndroGel 1%.
AndroGel 1% (testosterone gel 1%) is indicated to treat adult males who have low or no testosterone. Annual sales were about $705 million annually, as measured by Symphony Health.
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