The FDA has approved an abbreviated new drug application for Akorn’s loteprednol etabonate ophthalmic suspension 0.5%, according to a press release.
“This is a really exciting approval for Akorn as we believe it is a first generic approval for loteprednol suspension and it highlights our ability to execute on development and manufacturing of complex ophthalmic suspensions,” Douglas Boothe, the company’s president and CEO, said in the release. “I’m also pleased that we are in the final stages of preparing for commercial launch.”
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