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Handa files ANDA for generic Seroquel XR

Handa Pharmaceuticals has confirmed that its abbreviated new drug application for quetiapine fumarate extended-release tablets, the generic version of AstraZeneca's Seroquel XR, has been accepted for filing by the FDA.

Based upon available information, Handa believes that it is the first applicant to file an abbreviated new drug application (ANDA) for Seroquel XR containing a paragraph IV certification, under the provisions of the Hatch- Waxman Act.

Should its ANDA be approved by the FDA, Handa believes that its product will be entitled to 180 days of generic market exclusivity.