ALPHARMA OBTAINS APPROVED ANDA FOR ALBUTEROL SULFATE INHALATION SOLUTION.FORT LEE, NJ--(BUSINESS WIRE)--October 12, 1995--ALPHARMA INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (NYSE NYSE See: New York Stock Exchange :ALO) today announced that as a result of a co-development arrangement with Paco Pharmaceutical Services, Inc., it has obtained the recently approved ANDA ANDA abbr. abbreviated new drug application for Albuterol Sulfate albuterol sulfate (salbutamol sulfate) AccuNeb, Asmol (CA), Gen-Salbutamol (CA), Novo-Salmol (CA), Proventil HFA, Ventolin HFA, Vospire-ER Pharmacologic class: Sympathomimetic (beta2-adrenergic agonist) Inhalation inhalation /in·ha·la·tion/ (in?hah-la´shun) 1. the drawing of air or other substances into the lungs.inhala´tional 2. the drawing of an aerosolized drug into the lungs with the breath. 3. Solution, 0.083% (base). Albuterol Sulfate Inhalation Solution, in branded (Proventil and Ventolin Inhalation Solution, 0.083% (base)) and generic equivalents, has current market sales of $120 million annually. The ANDA approval from the FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. was received on September 26, 1995 and, under the terms of the arrangement between the companies, ALPHARMA will own the ANDA and Paco will manufacture this sterile, unit-dose product. ALPHARMA's U.S. Pharmaceuticals Division which manufactures and markets specialty generic pharmaceuticals, plans to begin marketing this product by year end or early in 1996. Paco Pharmaceutical Services, headquartered in Lakewood, NJ is a long established contract manufacturer of pharmaceutical products with particular expertise in sterile manufacturing. Paco is a wholly-owned subsidiary of The West Company, Inc., Lionville, PA. ALPHARMA is a multinational pharmaceutical company developing, manufacturing and marketing specialty generic and proprietary human pharmaceutical and animal health products. ALPHARMA is the largest manufacturer of generic liquid and topical pharmaceuticals in the U.S., has an established and growing market position in finished pharmaceuticals in Europe and the Far East, is a basic manufacturer of important specialty antibiotics Antibiotics Definition Antibiotics may be informally defined as the subgroup of anti-infectives that are derived from bacterial sources and are used to treat bacterial infections. , and is recognized worldwide as a leading provider of animal health feed additives for poultry and livestock, and vaccines for farmed fish. CONTACT: ALPHARMA INC. Iris Daniels 201/947-7774 or Investor Contact: Donna Stein/Courtney Levi Morgen-Walke Associates, Inc. 212/850-5600 or Press Contact: Michelle Zawrothy Morgen-Walke Associates, Inc. 212/850-5631 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion