Perrigo Drops After Saying FDA to Reject Inhaler, Delaying Start
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Perrigo Co. said it expects U.S. regulators will reject its application for what one analyst had a called its must-have asthma inhaler, a generic version of Teva Pharmaceutical Industries Ltd.’s ProAir.
Perrigo said in a statement Friday that it was made aware that it would receive a Complete Response Letter from the U.S. Food and Drug Administration, delaying its plans to start selling the inhaler in the fourth quarter of this year.