Watson Pulls Prochieve From Guidance, But Pushes For Approval

Despite a disappointing advisory committee review for its progesterone gel for preterm birth, Watson said it will continue to push for approval. The company also bolsters its Australian generics business with the acquisition of Ascent.

Watson Pharmaceuticals, Inc. is engaging FDA “at every level” to push for the approval of progesterone gel 8% - a product widely referred to as Prochieve – CEO Paul Bisaro said during a Jan. 24 investor meeting.

That includes reaching up to the highest tier of the agency, a phone call with Commissioner Margaret Hamburg, to discuss...

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