Supplier News Breaks Archives
Auxilium, Prasco roll out Testim generic
June 12th, 2014
CHESTERBROOK, Pa. – Auxilium Pharmaceuticals Inc. has partnered with Prasco LLC to introduce an authorized generic version of Testim testosterone gel.
Auxilium said Wednesday that Prasco has product inventory available and has begun shipping the generic product.
Testim and its authorized generic are indicated for the treatment of adult males with low or no testosterone.
Auxilium will maintain responsibility for the manufacture of Testim and the authorized generic testosterone gel, as well as for the distribution of branded Testim.
"While Testim has continued to represent an important portion of Auxilium's net sales, we have been proactively planning for this launch in an effort to most strategically position our product franchise to compete in the increasingly crowded and challenging testosterone replacement therapy (TRT) gel market," stated Adrian Adams, president and chief executive officer of Auxilium. "We believe the launch of this authorized generic of Testim with Prasco could expand the Testim franchise market, build upon our efforts to manage Testim as a mature brand and enable Auxilium to realize maximum shareholder value."