Teva launches authorized generic of Minastrin 24 Fe as oral contraceptive
The Authorized Generic of Minastrin 24 Fe, an estrogen/progestin combined oral contraceptive, is designed to prevent pregnancy in females of reproductive age, though Teva notes that efficacy has not been evaluated in women with a body mass index of more than 35 kg/m2. By adding this generic drug to its portfolio, Teva now has more than 50 oral contraceptives. One of every two oral contraceptive prescriptions in the U.S. involves a Teva-marketed product.
Additionally, Teva is the largest supplier of FDA-approved generic medications in the U.S.
The company noted that Minastrin 24 Fe had annual sales of roughly $361 billion in the U.S. as of December 2016, according to data from IMS.