Advent International is buying the Mexican private generics leader from Endo for roughly $124 million.
The drug had annual market sales of $248 million for the 12 months ended April 2017.
Under the agreement, Sandoz will develop and commercialize a generic of a major inhaled combination therapy delivered using a pressurized metered dose inhaler that Vectura Group is developing.
The drug had combined sales of $188 million for the 12 months ended April 2017, the company said.
The company said that the creams had combined U.S. sales of $38 million for the 12 months ended Aril 2017, according to QuintilesIMS data.
Patients with diabetes who create an account on the Blink Health website or mobile app will be able to receive a year’s supply of metformin, glipizide and pioglitazone for free.
The Food and Drug Administration has shared a list of drugs without patents or exclusivity that don't yet have generics, and has outlined a new plan for expediting review of generics of drugs with limited competition.
The drug is indicated to treat schizophrenia and to control severe nausea and vomiting in adults.
Born in Rajgarh, Rajasthan, Gupta moved to Mumbai and founded Lupin in 1968 with the goal of providing high-quality medicines at affordable prices.
Teva’s generic will be available in 75- and 150-mg dosage strengths.