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Watson Pharmaceuticals' CEO Discusses Q1 2012 Results - Earnings Call Transcript

Among other highlights in our generic -- our Global Generics business, we saw continued strong U.S. sales of generic Concerta, and we launched 3 new products in the first quarter, including generic versions of LOVENOX, YAZ and Prometrium and in the second quarter, launched generic VANCOCIN.

All of our key international markets experienced growth in the quarter, including U.K., France, Greece and Australia. We continued to expand our pipeline globally with 6 new patent challenges in the U.S. and 28 new product submissions globally. In our Global Brands business, we had strong sales of key promoted products including RAPAFLO, Generess Fe, Gelnique and CRINONE. We also launched last week Gelnique 3% pump. The new product is available in a convenient metered-dose pump that is shown to be effective and safe, and a safe treatment for OAB. We initiated a Phase III U.S. trial of Esmya for the treatment of anemia associated with uterine fibroids. The trial is expected to be completed by early 2013, and we also plan to submit the NDS for the product in Canada by mid-2012.

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