Barry Weisberg resigns as President and director.PHILADELPHIA--(BUSINESS WIRE)--Jan. 15, 1996--LANNETT COMPANY, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). ) ("LANN"), a manufacturer and distributor of generic pharmaceutical products, announced today that Barry Weisberg has resigned, effective January 1, 1996, as President and a director of the Company. Mr. Weisberg stated that having accomplished most of what he had hoped, creating a solid, emerging Company, he can now relax a little and end the long commute TO COMMUTE. To substitute one punishment in the place of another. For example, if a man be sentenced to be hung, the executive may, in some states, commute his punishment to that of imprisonment. from his home in eastern New Jersey. Mr. Weisberg will continue to be a sales representative for the Company's products. Lannett Company, Inc. is an emerging generic pharmaceutical company dedicated to excellence. In its newly renovated facility, Lannett has added modern manufacturing and analytical equipment, and implemented new systems and controls, facilitating compliance with current Good Manufacturing Practices Good Manufacturing Practice or GMP (also referred to as 'cGMP' or 'current Good Manufacturing Practice') is a term that is recognized worldwide for the control and management of manufacturing and quality control testing of foods and pharmaceutical products. (cGMP). Staffed by highly motivated work force and management teams, Lannett intends to introduce a number of ANDA ANDA abbr. abbreviated new drug application products in the future. CONTACT: Jeffrey M. Moshal Director of Financial Operations LANNETT COMPANY (215) 333-9000 |
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