Mylan Announces Acquisition of U.S. Rights to Zagam.PITTSBURGH--(BUSINESS WIRE)--August 26, 1998--Mylan Laboratories Inc. (NYSE NYSE See: New York Stock Exchange :MYL MYL Mind Your Language MYL Made You Laugh MYL Miss You Lots MYL Meet You Later MYL Miss You Loads ) announced today that it has acquired from Rhone-Poulenc Roret Pharmaceuticals Inc., the exclusive U.S. rights to manufacture and market Zagam(R) (Sparfloxacin). The product is licensed from Dainippon Pharmaceutical Co. Ltd. Zagam(R) is a patent protected antimicrobial agent for oral administration used to treat lower respiratory infections. Zagam(R) is indicated for the treatment of community-acquired pneumonia and acute bacterial exacerbations of chronic bronchitis. Zagam(R) will be promoted and detailed through Mylan's branded subsidiary Bertek Pharmaceuticals Inc. The Bertek sales force will add Zagam(R) to its current product portfolio which includes Maxzide(R), a once-a-day triamterene hydrochlorothiazide hydrochlorothiazide /hy·dro·chlo·ro·thi·a·zide/ (-klor?o-thi´ah-zid) a thiazide diuretic, used for treatment of hypertension and edema. hy·dro·chlo·ro·thi·a·zide n. Abbr. diuretic diuretic (dī'yərĕt`ĭk), drug used to increase urine formation and output. Diuretics are prescribed for the treatment of edema (the accumulation of excess fluids in the tissues of the body), which is often the result of underlying , Nitrek(R), a nitroglycerin nitroglycerin (nī'trōglĭs`ərĭn), C3H5N3O9, colorless, oily, highly explosive liquid. It is the nitric acid triester of glycerol and is more correctly called glycerol trinitrate. transdermal patch system, and Clorpres(TM), a combination of clonidine hydrochloride and chlorthalidone. In addition, through its co-promotions with Penederm, Incorporated, Bertek also promotes Mentax(R), a prescription topical antifungal product and Avita(R), a topical retinoic acid product. Milan Puskar, Chairman, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and President of Mylan Laboratories Inc., stated that "the acquisition of Zagam(R) demonstrates our continued commitment to establishing Bertek Pharmaceuticals as a major branded pharmaceutical company. We are continuing to look for additional branded products to add to the Bertek line." Bill Richardson, President of Bertek Pharmaceuticals Inc., stated that "we are excited to add Zagam(R) to our current line of products." Richardson further stated "Zagam(R) will provide opportunities in the primary care markets and in the institutional and managed care markets, as well." CONTACT: Mylan Laboratories Inc., Pittsburgh Patricia Sunseri, 412/232-0100 |
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