Navigation Links
Par Pharmaceutical Reports First Quarter 2008 Results
Date:5/8/2008

trategy, and I am pleased with our progress thus far. Par should be measured in large part by the achievement of certain accomplishments and milestones that position the Company for growth in 2009 and beyond."

In January, Strativa acquired the U.S. commercialization rights to Alfacell Corporation's Phase III product, ONCONASE, for an initial payment of $5 million. Results from the Phase IIIb clinical trial will be reported by mid-year. Subject to a complete review of the study results and discussions with the FDA, it is anticipated that an NDA could be filed as early as year-end 2008.

In March, Par commenced bioequivalence studies for Zensana(TM) (ondansetron) oral spray. Subject to favorable results and discussions with the FDA, it is expected that Strativa could file an NDA around the end of 2008.

In April, Strativa announced that its development partner, BioAlliance Pharma, reported positive preliminary, top-line results from a Phase III study of Loramyc(R) (miconazole Lauriad(R)). Subject to a complete review of the study results and discussions with the FDA, it is anticipated that an NDA could be filed by year-end 2008.

On May 7, 2008, Par announced that it amended its agreement with Spectrum Pharmaceuticals and paid $20 million in cash to increase its share of profits from the generic versions of GlaxoSmithKline's Imitrex(R) Injection, which will be immediately accretive to 2008 earnings. As a result of the agreement, Par's profit share shall increase from 38% to 95% from the commercialization of sumatriptan injection. Par will be permitted to sell generic versions of certain sumatriptan injection products with an expected launch date no later than November 2008. According to IMS Health, annual U.S. sales of Imitrex(R) are approximately $220 million.

2008 Financial Guidance

The Company's projections are based on its results for the first three months of 2008, as well as management's estimates regarding the impact of pr
'/>"/>

SOURCE Par Pharmaceutical Companies, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12

Related medicine news :

1. Vion Pharmaceuticals to Appeal Nasdaq Delisting
2. Amneal Pharmaceuticals Receives US FDA Approval for Three Generic Prescription Drugs; Two Using New FDA Electronic Filing Format
3. AMDL Signs Letter of Intent to Purchase a China Based Pharmaceutical Distribution Company
4. Par Pharmaceutical Acquires Spectrum Pharmaceuticals Interest In Sumatriptan Injection
5. ISTA Pharmaceuticals to Present at the Bank of America 2008 Health Care Conference
6. Cadient Group Continues Winning Streak; Receives Multiple Honors at 2008 Pharmaceutical Advertising and Marketing Excellence Awards
7. Alseres Pharmaceuticals, Inc. to Present at The Neurotech Industry Investing & Partnering Conference
8. Par Pharmaceutical to Host First Quarter 2008 Earnings Conference Call on May 9 at 9:00 AM
9. ADVENTRX Pharmaceuticals to Report First Quarter 2008 Results
10. BioCryst Pharmaceuticals to Announce First Quarter 2008 Financial Results on May 8, 2008
11. Paloma Pharmaceuticals Presents at the Association for Research in Vision and Ophthalmology Meeting
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/26/2014)... 2014 Cooking and warming equipment ... of 5. This score reflects slightly positive negotiation conditions ... specialization, low switching costs and a low level of ... low availability of substitutes for cooking and warming equipment ... and aluminum, key inputs in the production process of ...
(Date:12/26/2014)... The Biofeedback Federation of Europe annual ... in Rome, Italy and is hosted by the Salesian ... on a wide variety of topics such as ADHD, ... training in athletes. The scientific program will feature the ... monitoring allows clients to see what is going on ...
(Date:12/26/2014)... 2014 “Many people become overwhelmed by ... claim issues and phone calls with insurance companies,” The ... featuring their free eBook on pedestrian and bicycle ... pedestrian and bicycle auto accident claims assures the injured ... of professionally handling their case while they focus on ...
(Date:12/26/2014)... December 26, 2014 Pentec Health, Inc. ... the state of Pennsylvania for 2014. The awards program, ... programs of its kind in the country. The program ... Pennsylvania Department of Community and Economic Development, the Pennsylvania ... and the Central Penn Business Journal. , ...
(Date:12/26/2014)... 2014 Parker & Sons, Inc. ... in heating, cooling and plumbing contractor services throughout ... services in 2014 with regard to air-conditioning systems. ... is known for its incredibly hot summers. Working ... intricacies and details of a wide variety of ...
Breaking Medicine News(10 mins):Health News:Cooking & Warming Equipment Procurement Category Market Research Report from IBISWorld has Been Updated 2Health News:Cooking & Warming Equipment Procurement Category Market Research Report from IBISWorld has Been Updated 3Health News:Final Workshop Line-up Announced for 18th Annual Biofeedback Conference in Rome, Italy 2Health News:Guide to Handling Pedestrian and Bicycle Accidents Released By The Jones Firm, Featured in Recent Article 2Health News:Pentec Health Ranks Fourteenth on The Best Places to Work in PA for 2014 2Health News:Pentec Health Ranks Fourteenth on The Best Places to Work in PA for 2014 3Health News:Parker & Sons Announces Record Demand For 24 Hour Emergency Services In 2014 With Regard To Air-Conditioning Systems 2Health News:Parker & Sons Announces Record Demand For 24 Hour Emergency Services In 2014 With Regard To Air-Conditioning Systems 3
... IRVING, Texas, Nov. 20 RBC Life Sciences, Inc. ... care and pain management products, reported today company-wide net sales of ... net sales of $9.93 million for the same quarter last year. ... $0.01 per share, during the third quarter of 2009, compared to ...
... 20 An emerging body of ... infectious disease transmission patterns. As noted today in a ... of Tropical Medicine and Hygiene (ASTMH), such changes are expected ... "There is concrete evidence that the global climate is changing, ...
... ... ... 20, 2009 -- Late yesterday, democratic leaders in the Senate unveiled their proposal for overhauling ... Democrats argue that the tax, which was a surprise addition to the sweeping 2,074-page bill, ...
... Grant provides hot food to 150 children under 5 for six months ... (TPRF) has given a grant of US $15,000 to provide food for ... victims of recent typhoons in the Rizal province in the Philippines. , ... (PNRC) for a sustainable hot meal program. The delivery of ...
... Honor Recognizes Courageous and Innovative Approaches to Human Rights ... at its annual awards dinner, the Robert F. Kennedy Center ... with the organization,s 2009 Ripple of Hope Award. The ... on humanitarian issues. , (Logo: http://www.newscom.com/cgi-bin/prnh/20091119/DC149610 ) ...
... High irradiances of low-level laser therapy (LLLT) should not be ... BMC Cancer studied the pain relieving, anti-inflammatory ,cold ... mouse model of skin cancer. Jan M. Bjordal from ... researchers to carry out the in vitro and in vivo ...
Cached Medicine News:Health News:RBC Life Sciences Announces Third Quarter 2009 Results 2Health News:RBC Life Sciences Announces Third Quarter 2009 Results 3Health News:RBC Life Sciences Announces Third Quarter 2009 Results 4Health News:RBC Life Sciences Announces Third Quarter 2009 Results 5Health News:Experts Examine Possible Links Between Climate Change and Infectious Disease Transmission 2Health News:Experts Examine Possible Links Between Climate Change and Infectious Disease Transmission 3Health News:Plastic Surgeons Respond To Proposed Cosmetic Surgery Tax 2Health News:Plastic Surgeons Respond To Proposed Cosmetic Surgery Tax 3Health News:The Prem Rawat Foundation Gives Food Aid to Typhoon Victims in Philippines 2Health News:Bono and Wyclef Jean Receive RFK Center for Justice & Human Rights' Ripple of Hope Award 2Health News:Bono and Wyclef Jean Receive RFK Center for Justice & Human Rights' Ripple of Hope Award 3
(Date:12/24/2014)... 2014 LifeScienceIndustryResearch.com adds ... Syringe Industry of 178 pages providing 10 ... library. The 2014 Market Research ... a professional and deep research report on ... the report introduces Disposable Syringe basic information ...
(Date:12/24/2014)... , Dec. 23, 2014 Tianyin ... company that specializes in patented biopharmaceutical, modernized traditional ... ingredients (API) today announced that the Company achieved ... Good Manufacturing Practice (GMP) certificate of TPI,s Qionglai ... Administration,s (CFDA). The public notice period is a ...
(Date:12/22/2014)... Dec. 22, 2014 NxStage Medical, Inc. (NASDAQ: ... innovative dialysis products, announced today that the U.S. ... System One™ to perform hemodialysis overnight while the ... nocturnal hemodialysis. NxStage,s® System One is the first ... for this indication. Home nocturnal ...
Breaking Medicine Technology:World Disposable Syringe Market 2014 Report: China and Regional Analysis 2World Disposable Syringe Market 2014 Report: China and Regional Analysis 3World Disposable Syringe Market 2014 Report: China and Regional Analysis 4World Disposable Syringe Market 2014 Report: China and Regional Analysis 5TPI QLF Achieved Public Notice Status of GMP Certification 2TPI QLF Achieved Public Notice Status of GMP Certification 3NxStage Receives FDA Clearance for Home Nocturnal Hemodialysis 2NxStage Receives FDA Clearance for Home Nocturnal Hemodialysis 3
... 23, 2011 TRX, Inc. ( www.trx.com ) ... process automation, consulting and data services, announced continued ... several leading companies in the pharmaceutical, technology, financial ... to manage their travel and procurement reporting needs. ...
... Relievant Medsystems, Inc. , today announced the ... and chief executive officer and as a member of ... FDA approval of an Investigational Device Exemption (IDE) to ... of RF Ablation for the Treatment of Vertebrogenic Back ...
Cached Medicine Technology:TRX's Data Intelligence Solution, TRAVELTRAX, Helps Fortune 500 Corporations Gain New Insights Into Cost Savings 2Relievant Medsystems Appoints Alex M. DiNello as President and Chief Executive Officer 2
... Oxoid Pylori Test is a ... the qualitative detection of Helicobacter ... as an aid in the ... pylori. The product is intended ...
... capillary electrophoresis system is designed to ... The CAPILLARYS 2 utilizes liquid flow ... diagnostic setting. Through continuous sample feed ... narrow capillary tubes functioning concurrently, a ...
Inquire...
These Iron Control Slides make an excellent addition to your laboratory. Packed ten (10) control slides per box. Use SDL's Snap n' Stain for Iron Staining Kit alongside to save time an money mixing r...
Medicine Products: