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AMRX - FDA OKs Amneal Pharmaceuticals' Acyclovir cream
Amneal Pharmaceuticals Inc. Class A
The FDA has approved Amneal Pharmaceuticals' ([[AMRX]]) Abbreviated New Drug Application ((ANDAs)) for Acyclovir Cream, 5% a generic version of Zovirax for treatment of recurrent herpes labialis (cold sores) in immunocompetent adults and adolescents 12 years and older.The product is available by prescription only and is associated with mild side effects such as nausea.Per IQVIA, the U.S. market annual sales for Acyclovir Cream, 5% is ~$67M.Shares are up 4.8% PM.