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FDA to Review Santarus' OTC Heartburn Drug by December

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SAN DIEGO (AP) — Santarus Inc. said Tuesday the proposed over-the-counter version of the heartburn drug Zegerid will be reviewed by the Food and Drug Administration by December.

The company's partner, Schering-Plough Corp., is dealing with the regulatory filing, which had been stalled after the FDA asked for additional information last year.

Santarus stands to gain a $20 million milestone payment if the FDA approves the over-the-counter version, along with the possibility of $37.5 million in future sales milestone payments.

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