Mylan's Matrix Labs subsidiary gets name change

PITTSBURGH — Mylan's India-based subsidiary is changing its name, Mylan said Wednesday.

The generic drug maker announced that Matrix Labs, based in Hyderabad, India, had formally changed its name to Mylan Labs.

"We are pleased to complete the name change from Matrix to a Mylan company and are excited to operate in India under one powerful brand," Mylan chairman and CEO Robert Coury said.

Mylan acquired Matrix in 2006.

Interested in this topic? Sign up for our weekly Retail Health Provider e-newsletter.