Mylan NV announced the US launch of metformin hydrochloride extended-release tablets USP, 500 mg and 1000 mg, a generic version of Watson's Fortamet. Mylan received final approval from the US Food and Drug Administration (FDA) for its Abbreviated New Drug Application (ANDA) for this product, which is indicated as an adjunct to diet and exercise to improve glycemic control in adults with type 2 diabetes mellitus.

