Navigation Links
RoundTable Healthcare Partners Facilitates Product Acquisition for CorePharma
Date:3/16/2009

Leucovorin Calcium Augments CorePharma's Growing Product Portfolio

LAKE FOREST, Ill., March 16 /PRNewswire/ -- RoundTable Healthcare Partners ("RoundTable"), an operating-oriented private equity firm focused exclusively on the healthcare industry, announced today that its portfolio company CorePharma LLC ("CorePharma") has completed the acquisition of an ANDA for Leucovorin Calcium tablets. Leucovorin Calcium tablets are the generic equivalent to the Wellcovorin(R) brand previously marketed by Burroughs Wellcome. Leucovorin Calcium tablets are indicated for diminishing the toxicity and counteracting the effects of impaired methotrexate elimination and of inadvertent overdosages of folic acid antagonists. Financial terms of the transaction were not disclosed.

CorePharma is a leading developer and manufacturer of generic, prescription pharmaceutical products. The Company currently has over 30 FDA-approved products on the market with a pipeline of over 25 new products in various stages of development and regulatory approval. CorePharma's diversified product portfolio consists of solid-dose tablets and capsules, and includes modified release dosage form and controlled substance products. The Company's products serve a variety of therapeutic areas and are sold largely through retail channels in the U.S. market. RoundTable acquired a majority interest in CorePharma in 2005.

"The Leucovorin tablet market has long been dominated by generic products," said Christopher J. Worrell, Chief Executive Officer of CorePharma. "With CorePharma's strong marketing capabilities, we have the ability to capture our fair share of the market to return the value envisioned by this transaction."

"Leucovorin Calcium is a well-established chemotherapy adjunct therapy, a valuable product and will be a great addition to CorePharma's growing portfolio," said Jack L. McGinley, a Founding Partner of RoundTable and Chairman of the Board of CorePharma. "We are pleased to continue working with the CorePharma team and executing on our plan of targeting strategic, niche product acquisitions."

About RoundTable Healthcare Partners

RoundTable Healthcare Partners, Lake Forest, IL, is an operating-oriented private equity firm focused exclusively on the healthcare industry. RoundTable partners with companies that can benefit from its extensive industry relationships and proven operating and transaction expertise. RoundTable has established a successful track record of working with owner/founders, family companies, management teams, entrepreneurs, and corporate partners who share a vision and believe in the value creation potential of its partnership model. RoundTable currently manages $1.1 billion in capital, including two equity funds totaling $900 million and a subordinated debt fund of $200 million. More information about RoundTable Healthcare Partners and its investments can be found at www.roundtablehp.com.


'/>"/>
SOURCE RoundTable Healthcare Partners
Copyright©2009 PR Newswire.
All rights reserved

Related biology technology :

1. CFSO Calls for Roundtable to Develop National Strategy for Advancing Forensic Sciences in the United States
2. Media Advisory - Atlantica BioEnergy Task Force Leaders Roundtable
3. Vermillion to Host Live Roundtable Discussion With Principal Investigator of OVA1(TM) Submission
4. Cadence Pharmaceuticals CEO Theodore Schroeder to Present at the Leerink Swann Pain Roundtable Conference on June 23, 2008 in New York
5. Diplomat Specialty Pharmacy Sponsors National Managed Care Roundtable for Industry Executive Advisory Board
6. Kosan Biosciences to Present at the Leerink Swann Solid Tumors Roundtable Conference
7. Vermillions Roundtable Teleconference Highlights Peripheral Artery Disease Diagnostic Program; Features Commentary from Vascular Medicine Expert
8. RoundTable Healthcare Partners Closes Sale of MedAssist Holding, Inc. to Firstsource Solutions Limited
9. Cynosure to Present at the Leerink Swann & Company/MEDACorp Aesthetics Roundtable Conference
10. Novavax to Present at Cowen and Company 29th Annual Healthcare Conference
11. Wyeth to Present at the SG Cowen & Co. 29th Annual Healthcare Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/24/2016)... 24, 2016  Regular discussions on a range of subjects ... the two entities said Poloz. Speaking at a ... , he pointed to the country,s inflation target, which ... "In certain areas ... have common economic goals, why not sit down and address ...
(Date:6/24/2016)... NC (PRWEB) , ... June 24, 2016 , ... Researchers ... the most commonly-identified miRNAs in people with peritoneal or pleural mesothelioma. Their findings are ... to read it now. , Diagnostic biomarkers are signposts in the blood, lung ...
(Date:6/23/2016)... 23, 2016   Boston Biomedical , an ... designed to target cancer stemness pathways, announced that ... Orphan Drug Designation from the U.S. Food and ... cancer, including gastroesophageal junction (GEJ) cancer. Napabucasin is ... inhibit cancer stemness pathways by targeting STAT3, and ...
(Date:6/23/2016)... , June 23, 2016 Houston ... with the Cy-Fair Sports Association to serve as ... the agreement, Houston Methodist Willowbrook will provide sponsorship ... and connectivity with association coaches, volunteers, athletes and ... with the Cy-Fair Sports Association and to bring ...
Breaking Biology Technology:
(Date:6/22/2016)... On Monday, the Department of Homeland Security (DHS) issued ... the Biometric Exit Program. The Request for Information (RFI), ... that CBP intends to add biometrics to confirm when ... , in order to deter visa overstays, to ... Logo - http://photos.prnewswire.com/prnh/20160622/382209LOGO ...
(Date:6/16/2016)... FRANCISCO , June 16, 2016 ... size is expected to reach USD 1.83 ... by Grand View Research, Inc. Technological proliferation and ... banking applications are expected to drive the market ... ) , The development of advanced ...
(Date:6/9/2016)... -- Paris Police Prefecture ... to ensure the safety of people and operations in several ... tournament Teleste, an international technology group specialised in ... that its video security solution will be utilised by ... safety across the country. The system roll-out is scheduled for ...
Breaking Biology News(10 mins):