Actavis Faces Shortage of Slow-Release Alzheimer’s Drug

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Actavis Plc is struggling to meet demand for its Alzheimer’s drug Namenda after promoting a slow-release version of the drug ahead of a patent expiration for the traditional pill.

“We’re working as fast as we can to fix supply for the XR version,” said David Belian, an Actavis spokesman, referring to the extended-release version of Namenda.