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Hi-Tech granted approval for ofloxacin otic solution

Hi-Tech Pharmacal has announced that the FDA has granted final approval to the company's abbreviated new drug application for ofloxacin otic solution, 0.3%.

Hi-Tech’s ofloxacin otic solution is the generic equivalent of Daiichi’s Floxin otic solution, 0.3% indicated for the treatment of bacterial infections of the ear which in 2007, had sales of $105 million according to IMS.