Actavis Receives Approval of Valacyclovir Hydrochloride Tablets in the U.S.

Actavis Group, an international generic pharmaceuticals company, today announced that it has received approval from the US Food & Drug Administration to market Valacyclovir Hydrochloride Tablets. Valacyclovir Hydrochloride Tablets 500mg and 1 gram, the generic equivalent of Valtrex® by GlaxoSmithKline, had US sales of approximately $1.5 billion for the 12 months ending December 31, 2010, according to IMS Health. About Actavis Inc. Actavis Inc. is the U.S. subsidiary of Actavis Group hf. Approximately one third of Actavis' sales are generated in North America, Actavis' single largest market. Based in Morristown, NJ, Actavis has U.S. manufacturing facilities in Elizabeth, NJ and Lincolnton, NC. Actavis also has research and development facilities in Owings Mills, MD and Sunrise, FL. About Actavis Group Actavis is one of the world's leading generic pharmaceutical companies specializing in the development, manufacture and sale of generic pharmaceuticals. The company has operations in 40 countries, with more than 10,500 employees

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