IVAX Corporation Receives Final FDA Approval For Anagrelide HCl Capsules

MIAMI--(BUSINESS WIRE)--April 18, 2005--IVAX Corporation (AMEX:IVX) (LSE:IVX.L) (WSE:IVX) has received final approval from the U.S. Food and Drug Administration (FDA) for its Abbreviated New Drug Application (ANDA) for anagrelide HCl capsules in 0.5 and 1 mg dosage strengths. This product will be sold through IVAX' wholly owned subsidiary, IVAX Pharmaceuticals, Inc. Anagrelide HCl capsules is the generic equivalent of Agrylin(R) Capsules, which is marketed by Shire U.S., Inc. for thrombocythemia, a condition in which there are too many platelets in the blood, resulting in bleeding, blood clots, enlarged spleen, or stroke. According to IMS data, U.S. sales of anagrelide HCl capsules, 0.5 and 1 mg, were $105 million during 2004. IVAX Corporation, headquartered in Miami, Florida, discovers, develops, manufactures, and markets branded and brand equivalent (generic) pharmaceuticals and veterinary products in the U.S. and internationally.

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