Navigation Links
Agreement Executed for Amneal Pharmaceuticals to Acquire the Assets of Interpharm Holdings
Date:4/24/2008

PATERSON, N.J., April 24 /PRNewswire/ -- Amneal Pharmaceuticals, LLC is pleased to announce the execution of an Asset Purchase Agreement for Amneal's wholly-owned subsidiary, Amneal Pharmaceuticals of New York, LLC, to acquire the assets, facilities and business of Interpharm. The acquisition includes Interpharm's facilities on Long Island, New York as well as the intellectual property including ANDA's, technology and processes.

Amneal will use its strong leadership and financial position to fully realize the potential of Interpharm's powerful product line, ensure approval of its well defined development pipeline and leverage the unique manufacturing capabilities.

"Utilizing Amneal's financial strength, superb quality management, R&D and manufacturing expertise with Interpharm's outstanding facilities, leading market share and high value pipeline creates tremendous opportunities for rapid growth and exceptional customer satisfaction," said Chintu Patel, CEO of Amneal.

"Interpharm is excited about this acquisition of our assets. The financial stability brought by Amneal will allow it to springboard its rapid growth plans, and enhance the value to our loyal trading partners," added Jeff Weiss, Interpharm's executive vice president of sales and marketing.

Amneal will list assets of over one hundred products approved or filed with the USFDA and in development, controlled substance (C II-V) licensing and manufacturing, hormonal production suite, high potency production suite, soft gelatin capsules manufacturing, liquids manufacturing plant, 20 billion unit oral solid capacity and expansive R&D centers in New Jersey, New York and newly opened in India. Amneal president Chirag Patel comments, "This acquisition of intellectual and tangible assets provides Amneal the ability to accelerate its aggressive growth plans and rapidly broaden and deepen its product portfolio, while staying committed to full vertical integration and industry leadin
'/>"/>

SOURCE Amneal Pharmaceuticals, LLC
Copyright©2008 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2

Related medicine news :

1. Providence St. Joseph Medical Center, Caregivers Reach Agreement on a Union Contract
2. Z Trim Announces Revocation of Gregory Halpern Severence Agreement
3. Planet Technologies Announces Agreement to Acquire Antigen Laboratories
4. Milestone Scientific Announces Successful Completion of its Collaboration Agreement With Carticept Medical
5. Dana Corporation, Inc. Enters Into Settlement Agreement With Dana Retiree Committee
6. RNs at Nine Catholic Healthcare West Hospitals Reach Agreement on New Master Pact
7. WellPoint and M-Plan Enter Into Endorsement Agreement as M-Plan Announces Exit From the Commercial HMO Business in Indiana
8. Biomoda, Inc. and Quintiles Announce Agreement for Regulatory Consulting
9. AdCare Health Systems, Inc. Reports Discontinuation of Definitive Merger Agreement with Family Home Health Services, Inc.
10. Thomson Scientific Signs Multi-Year Agreement with The Council for Scientific and Industrial Research (CSIR)
11. ReBuilder Medical Technologies, Inc. Signs Agreement for Distribution in Maine

Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/4/2009)...eminars Inc. is now accepting medical facilities t...ses at their medical facility in 2010. This progra...capabilities to the medical community as well as r...l therapy and occupational therapy team members. I...ining events. , Nashville...
(Date:12/4/2009)...hor and Personal & Organizational Accountabili... through Accountability! , ...MPAQ Accountability Business Consultants Inc., an...thor, renowned Speaker, and CEO & Founder of I...l present at the 14th International Coach’s ...
(Date:12/3/2009)...ire-USNewswire/ -- The American Red Cross won a co...therhood of Teamsters, Local 929 after its members...ity, interfering with blood shipments to local hos...bin/prnh/20081216/DC52619LOGO ) ,, The Teamste...Red Cross Blood Services Penn-Jersey Region earlie...
(Date:12/3/2009)...e-USNewswire/ -- Family Research Council Presiden...,s approval of an amendment authored by U.S. Sen. ...sources and Services Administration (HRSA) to incl...nes. If HRSA decides to include abortion in its gu...ns will be required by law to cover abortion. ,...
(Date:12/3/2009)...re/ -- Children,s Hospitals and Clinics of Minneso... Top Hospitals Award. Children,s - Minneapolis wa... best in the nation while also attaining the highe... is the only national, public comparison of hospit...mmon procedures, infection rates, and safety pract...
Breaking Medicine News(10 mins):Health News:North American Seminars Inc. Opens Its 2010 Physical Therapy Continuing Medical Education Course Sponsorship Program 2Health News:North American Seminars Inc. Opens Its 2010 Physical Therapy Continuing Medical Education Course Sponsorship Program 3Health News:North American Seminars Inc. Opens Its 2010 Physical Therapy Continuing Medical Education Course Sponsorship Program 4Health News:Mark Samuel, CEO & Founder, IMPAQ Accountability Business Consultants Inc., to Present at 14th ICF Annual International Conference 2Health News:American Red Cross Wins Court Injunction Against Striking Teamsters 2Health News:Senate Approval of Mikulski Amendment Further Opens Health Care Bill to Massive Federal Funding of Abortion 2Health News:Children's Hospitals and Clinics of Minnesota Receives National Recognition for Quality and Efficiency 2
...e personalized health services across the public s...e setting up of a link// between GPs and supermark...de Hartlepool, County Durham, Mansfield and Great ...eas, supermarkets and other private firms are bein...
...er the death of 10 animals following the consumpti...vent has sparked// a nationwide recall of pet food...nswering queries from owners of pets. Menu F... food. The "cuts and gravy" style products, usuall...
...istration (FDA) has requested that all manufacture...drugs used to induce and/or maintain sleep,// stre...language concerning potential risks. These risks i...ully awake after ingestion of a sedative-hypnotic ...
...atory syndrome (SARS) epidemic in China has lesson...of other respiratory diseases// , according to new...cal Infectious Diseases, currently available onlin...e researchers looked at environmental and administ...
...-malarial herbal drug could be damaged by overplan...//, the World Health Organization (WHO) said on Mo...hrub must be more carefully farmed to meet a growi...alaria for centuries. It is now widely regarded as...
...posed a ban on junk food in school canteens follow...e (DDRC). The DDRC in its report// has shown conce...ffected by diabetes. A survey carried out by...owards this cause. Some 5,000 children between the...
Other Medicine News:Health News:New on the Shelf 2Health News:FDA Requests Label Change for All Sleep Disorder Drug Products 2Health News:Study Identifies Risk Factors for Spread of Respiratory Infections in Hospitals 2Health News:Malaria-curing Herb Must Be Carefully Farmed - WHO 2
(Date:12/3/2009)... Minn., Dec. 3 Apnex Medical, Inc.... it has completed a second round of private equity... used to complete a clinical study and develop a s...chnology designed to treat obstructive sleep apnea...e Domain Associates, New Enterprise Associates (NE...
(Date:12/3/2009)...AND OAKS, Calif., Dec. 3 ...m across the United States (U.S.) and Europe parti...-on laboratory experience under renowned faculty m...the Amgen Scholars - past, present and future - wi...ars Community at www.amgenscholars.com . ,, "...
(Date:12/3/2009)...O, Mich., Dec. 3 Stryker...ts Board of Directors has authorized the Company t...k. The manner, timing and amount of any purchases...sed on their evaluation of market conditions, stoc...egulatory considerations. Purchases may be made f...
Breaking Medicine Technology:Apnex Medical, Inc. Raises Additional $14 Million 2Apnex Medical, Inc. Raises Additional $14 Million 3New Amgen Scholars Web site Launches to Build a Global Network for Future Scientists 2New Amgen Scholars Web site Launches to Build a Global Network for Future Scientists 3Stryker Announces $750 Million Share Repurchase Program and Declares a $0.15 Per Share Quarterly Dividend 2PROLOR Biotech Acquires License Option from Yeda for Development of Long Acting Anti Obesity Drug 13205 1PROLOR Biotech Acquires License Option from Yeda for Development of Long Acting Anti Obesity Drug 13205 2PROLOR Biotech Acquires License Option from Yeda for Development of Long Acting Anti Obesity Drug 13205 3Sunesis Pharmaceuticals Appoints Helen S Kim to Board of Directors 52753 1Sunesis Pharmaceuticals Appoints Helen S Kim to Board of Directors 52753 2Lilly Receives Award From National Medical Association 52749 1Lilly Receives Award From National Medical Association 52749 2
...ug. 20 BioVex Inc, a biotechnology,company develo...prevention,of infectious disease, today announced ...y Agency (MHRA) has accepted BioVex,s Clinical Tri... testing the safety and,immunogenicity of its lead...mmunoVEX HSV2., ImmunoVEX HSV2 is a novel live-at...
...g. 19 Addrenex Pharmaceuticals (, http://www.addr...nth to,further its goal of identifying and develop...he next 18 months., The fast-paced timeline they ...recent successes in developing two new drugs, Clon...er and CloniBID for hypertension,over the past two...
Other Medicine Technology:BioVex Announces Regulatory Clearance to Commence a Clinical Study With ImmunoVEX HSV2; A Vaccine Candidate for Genital Herpes 2Addrenex Pharmaceuticals' New Hires Further Company Goal to Identify New Drugs for Adrenergic Regulation 2Addrenex Pharmaceuticals' New Hires Further Company Goal to Identify New Drugs for Adrenergic Regulation 3
LMA Flexible™ (Single Use)
...ile LMA™ Airway., ,The LMA ProSeal™ i... cuff design enables seal pressures of 30cm H2O an... the alimentary and respiratory tracts. These feat...le longer periods of ventilation with minimal post...
...de; is a superior, disposable supraglottic airway ...es in materials and design to provide the best non...ergency airway is a safe, reliable, cost effective...on when direct laryngoscopy is not feasible or att...
...Mediprene® material, Available in even sizes 2...al airway maximizing patient comfort. The Latex-Fr... comfort while offering the best solution for late...you to offer a quality latex-free product as your ...
Medicine Products: