FDA approves Perrigo's laxative generic

ALLEGAN, Mich. Perrigo on Tuesday announced that it has received final approval from the Food and Drug Administration for its abbreviated new drug application for over-the-counter polyethylene glycol 3350, powder for solution, a generic equivalent to Schering-Plough’s MiraLAX laxative.

Perrigo said it would begin shipping immediately.

Estimated brand sales MiraLAX for the 12 months ended Aug. 28 were $200 million, Perrigo stated.