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LI-based Aceto begins selling drug to treat dry mouth

Aceto Corp. has begun selling a generic drug used to treat dry mouth, the Port Washington-based company announced.

The drug, cevimeline hydrochloride, is an alternative to the brand-name Evoxac from the Japanese pharmaceutical giant, Daiichi Sankyo Inc. The market for the generic is estimated to be about $56 million per year, according to the IMS Health data service.

Cevimeline hydrochloride is being sold by Aceto's Rising Pharmaceuticals division and is the fifth drug it has launched this year.

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