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Research & Markets: Par Pharmaceutical Boosted its Position in the US Market Through the Purchase of a Number of Drugs from Teva and IVAX.


DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c49747) has announced the addition of the Espicom Business Intelligence Introduction
Espicom Business Intelligence is a publisher of independent and impartial information and analysis services focusing on the pharmaceutical and medical device markets.
 Ltd report: "Par Pharmaceutical Generics Company Intelligence Report" to their offering.

Our generics company reports will help you to understand the dynamic and complex issues affecting the business of leading generic industry players. These informative reports provide an insight into the company, covering the structure of the business, the most recent quarterly and annual financial results, information on the company's active product lines and ANDA ANDA
abbr.
abbreviated new drug application
 approvals, along with a review of major developments, such as M&A activity, strategic alliances, and litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
.

Par Pharmaceutical was founded in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 in 1978. Many products are licensed-in from other generic manufacturers, such as Genpharm or Spectrum, or originator companies. Par has concluded a number of authorised generic agreements with originators, most recently with AstraZeneca for metoprolol metoprolol /met·o·pro·lol/ (met?ah-pro´lol) a cardioselective ß used in the form of the succinate and tartrate salts in the treatment of hypertension, chronic angina pectoris, and myocardial infarction.  ER.

Par's in-house manufacturing capabilities revolve re·volve  
v. re·volved, re·volv·ing, re·volves

v.intr.
1. To orbit a central point.

2. To turn on an axis; rotate. See Synonyms at turn.

3.
 principally around Kali Laboratories, a company acquired in 2004. Both companies hold a number of ANDAs under their own name. The most recent drug to be approved is ondansetron, a version of Merck's Zofran.

The company boosted its position in the US market in 2006, through the purchase of a number of drugs from Teva and IVAX IVAX Industrial Vax (Dec Computer) . This was mandated by the FTC FTC

See Federal Trade Commission (FTC).
 as a condition of the merger between the latter two companies.
Topics Covered
Executive Summary

Introduction
Kali Laboratories

Products
Teva/IVAX Drugs Divested to Par Pharmaceutical Companies
Par Pharmaceutical ANDA Approvals, 2002-06
Kali Laboratories ANDA Approvals, 2004-06
Recent Product Approvals
Ondansetron
Pravastatin.
Companies gain meloxicam approvals
Orchid gains cephalexin ANDA approval
Amlodipine besylate tablets (tentative)
Tranylcypromine sulphate tablets
Miralax generic

Financial results
Par Pharmaceutical Financial Results 2001-05 (US$000s)
Generic/Branded Revenues & Operating Income, 2003-05 (US$000s)
Par Sales of Selected Generic Products, 2003-05 (US$000s)

Major Developments
Mergers, acquisitions and agreements
AstraZeneca/Par enter agreement for generic version of Toprol-XL
Spectrum Pharmaceuticals
Sumatriptan injection
Par divests FineTech
Bradley and Par enter licensing agreement for Adoxa
MN Pharmaceuticals
Orchid Chemicals & Pharmaceuticals
Litigation
Reliant files patent infringement lawsuit against Par over Rythmol
Unimed, Watson, Paddock and Par enter settlement agreements regarding
AndroGel litigation


Contact Details

For more information, visit http://www.researchandmarkets.com/reports/c49747
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 28, 2007
Words:367
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