Drug news
Symbicort faces generic rival from Teva with CHMP recommendation for DuoResp Spiromax and BiResp Spiromax for Asthma and COPD - AstraZeneca
Teva Pharmaceutical Industries Ltd. has CHMP recommendation for a new generic version of Symbicort (budesonide plus formoterol) from AstraZeneca. The generic formulation will be marketed as DuoResp Spiromax and BiResp Spiromax, and is likely to be approved for the treatment of Asthma and Chronic Obstructive Pulmonary Disease.
Symbicort generated $3.48 billion in sales for AstraZeneca in 2013. Symbicort also faces competition from Breo Ellipta from GSK and generic versions of Glaxo�s Advair which are now being approved, specifically AirFlu Sal Fospira from Sandoz. The CHMP also recently recommended approval of Anoro Ellipta from GSK for the treatment of COPD, as another potential competitor to Symbicort.