Mylan's Dey L.P. Announces Establishment of 'J-Code' for Perforomist(TM) Inhalation Solution
PITTSBURGH, Nov. 6 /PRNewswire-FirstCall/ -- Mylan Inc.'s (NYSE: MYL)
specialty business, Dey L.P., announced today that the Centers for Medicare &
Medicaid Services (CMS) has established a unique billing code, or J-code, for
Perforomist(TM) Inhalation Solution, which is a product that was approved by
the U.S. Food and Drug Administration in 2007 for long-term, twice-daily
maintenance treatment of bronchoconstriction in patients with Chronic
Obstructive Pulmonary Disease (COPD), including chronic bronchitis and
emphysema.
Carolyn Myers, Ph.D., president of Mylan's Specialty Division, commented:
"While anticipated, we are very pleased that CMS has issued a J-code for
Perforomist Inhalation Solution. The code will ease the reimbursement process
for Perforomist and expand access to the many COPD patients who rely on
healthcare coverage through Medicare," said Myers.
Mylan Inc., which provides products to customers in more than 140
countries and territories, ranks among the leading diversified generic and
specialty pharmaceutical companies in the world. The company maintains one of
the industry's broadest -- and highest quality -- product portfolios,
supported by a robust product pipeline; owns a controlling interest in the
world's second largest active pharmaceutical ingredient manufacturer; and
operates a specialty business focused on respiratory and allergy therapies.