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Elite Pharma initiates Phentermine HCl 37.5mg tablets shipping

Elite Pharmaceuticals has initiated shipping of Phentermine HCl 37.5mg tablets, a generic version of Adipex-P(R) 37.5 mg tablets, under a licensing agreement with Precision Dose.

The first shipment of the product has triggered a milestone payment under the license, manufacturing and supply agreement with Precision Dose and its wholly owned subsidiary TAGI Pharma.

TAGI Pharma expects to distribute the product under a multi-product distribution agreement with Elite Pharma.

Phentermine HCl 37.5mg tablets are an appetite suppressant used in the reduction of weight in obese patients when used short-term and combined with exercise, diet, and behavioral modification.