Article: IMPAX Receives Final FDA Approval for Generic Xanax(R) XR Extended Release Tablets.

-Global Pharmaceuticals Division to Launch-

HAYWARD, Calif. -- IMPAX Laboratories, Inc. (OTC:IPXL) today announced that the U.S. Food and Drug Administration (FDA) has granted final approval of the Company's Abbreviated New Drug Application (ANDA) for generic versions of Xanax[R] XR, (Alprazolam) 0.5 mg, 1 mg, 2 mg and 3 mg Extended-release Tablets. Pharmacia and Upjohn markets Xanax XR for the management of anxiety disorder or the short-term relief of symptoms of anxiety. IMPAX' Global Pharmaceuticals division plans to launch the product soon.

U.S. sales of the combined branded and generic 0.5 mg, 1 mg, 2 mg and 3 mg dosage forms were approximately $51 ...

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