Saturday, March 3, 2012

Schwarz ships generic version of Prilosec to pharmacies. (Marketplace).(Schwarz Pharma AG)(Brief Article)

NEW YORK -- Schwarz Pharma AG's generic version of Prilosec began reaching retail pharmacies last month.

The blockbuster antiheartburn medication had been at the center of a long-waged patent battle pitting AstraZeneca, the brand maker, against several generics companies. Schwarz is marketing the drug through Kudco, a United States subsidiary.

"We are pleased we are able to make a lower-cost alternative available to Americans," asserts Jeff Siefert, Kudco president.

Analysts expect generic Prilosec (omeprazole) to eventually sell for 20% to 25% less than the branded drug this year before other …

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