Mylan announced that it has received final approval from the Food and Drug Administration for its Abbreviated New Drug Application (ANDA) for Metformin Hydrochloride Extended-Release Tablets USP, the generic version of Fortamet (Watson).

The treatment is indicated as an adjunct to diet and exercise to improve glycemic control in adults with type 2 diabetes mellitus. It is available in 500mg and 1000mg dosage strengths.

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Metformin hydrochloride, a biguanide, reduces hepatic glucose production and intestinal glucose absorption. It also improves insulin sensitivity and peripheral glucose uptake and utilization. 

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