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Good News For Effexor Users

effexor generic available 202x300 Good News For Effexor Users

Today Israel drug maker Teva stated that it has received approval from the United States Food and Drug Administration to go ahead with production of generic antidepressant drug Effexor XR.

The drug originally produced by Wyeth has finally ran out of its exclusivity period, which means we will see a cheaper alternative on shelves beginning July 1.

Teva had sought approval for its generic drug in 2006, but under a patent settlement with Wyeth, the company agreed to hold off on selling the drug until now.

This is great news for those that pay for there prescriptions out of pocket. Generic versions will be drastically cheaper than there brand name counterparts. You can also expect to see the brand versions price drop due to the added competition.

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