Teligent, Inc. announced it has received approval of the Company’s abbreviated new drug application (ANDA) from the U.S. Food and Drug Administration (FDA) of Clobetasol Propionate Ointment USP, 0.05%. This is Teligent’s first approval of 2019, and its thirty-third approval from its internally-developed pipeline of topical generic pharmaceutical medicines. Based on recent IQVIA data from November 2018, the total addressable market for this product is approximately $70.5 million. Teligent plans to launch this product in January of 2019.