FDA approves generic Tamiflu

The Food and Drug Administration approved Nesher Pharmaceuticals' oseltamivir phosphate capsules, reports Business Standard.

Here are three things to know.

1. The drug is an anti-viral used for the prevention and treatment of influenza virus infection.

2. The treatment represents a generic version of Genentech's Tamiflu.

2. Nesher, a subsidiary of Zydus Phramaceuticals USA, will produce the drug at a manufacturing facility in St. Louis.

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Lupin CEO: Border tax would significantly disrupt generic drugmakers' supply chains

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