Navigation Links
Strativa Pharmaceuticals Acquires Worldwide Rights to Nascobal(R) (Cyanocobalamin, USP) Nasal Spray From QOL Medical
Date:4/1/2009

First and Only Once-weekly, Self-administered Alternative to Injections for Treatment of Vitamin B12 Deficiency

WOODCLIFF LAKE, N.J., April 1 /PRNewswire-FirstCall/ -- Strativa Pharmaceuticals, the proprietary products division of a wholly owned subsidiary of Par Pharmaceutical Companies, Inc. (NYSE: PRX), today announced it has acquired the worldwide rights to Nascobal(R) (Cyanocobalamin, USP) Nasal Spray from QOL Medical LLC. Nascobal Nasal Spray is an FDA approved prescription vitamin B12 supplement indicated to treat vitamin B12 deficiency. It is the first and only once-weekly, self-administered alternative to B12 injections.

Under the terms of the all cash transaction, Strativa Pharmaceuticals will pay QOL Medical $54.5 million for the worldwide rights to Nascobal Nasal Spray. Revenues of Nascobal exceeded $8.0 million in 2008. Nascobal Nasal Spray will be manufactured by Par, which also acquired the MDRNA (formerly Nastech) facility where the product is manufactured.

"The acquisition of Nascobal Nasal Spray represents an important milestone in the execution of our corporate strategy to accelerate the growth of Strativa," said Patrick G. LePore, Chairman, Chief Executive Officer and President of Par. "The addition of Nascobal to our current portfolio, coupled with our promising product pipeline, well positions Strativa within the U.S. specialty pharmaceutical industry."

Millions of Americans are treated for vitamin B12 deficiency. The leading causes of vitamin B12 deficiency include pernicious anemia, a strict vegetarian diet, malabsorption of vitamin B12 resulting from conditions such as HIV infection, AIDS, Crohn's disease, multiple sclerosis and partial or total gastrectomy, among others. In 2008, more than 45 million vitamin B12 injections were prescribed to patients in the Uni
'/>"/>

SOURCE Par Pharmaceutical, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine news :

1. Strativa Pharmaceuticals Acquires Commercialization Rights to Thin Film Formulation of Ondansetron From MonoSol Rx
2. MonoSol Rx Licenses Thin Film Formulation of Ondansetron to Strativa Pharmaceuticals, a Division of Par Pharmaceutical
3. Amylin Pharmaceuticals Announces Slate of Directors for Annual Meeting of Stockholders
4. Arena Pharmaceuticals Announces Positive Lorcaserin Pivotal Phase 3 Obesity Trial Results: Meets All Primary Efficacy and Safety Endpoints
5. Zydus Pharmaceuticals (USA) Inc. Announces FDA Final Approval for the Generic Version of Topamax(R) Tablets
6. Jazz Pharmaceuticals, Inc. Announces Fourth Quarter and Full Year 2008 Financial Results
7. Meeting to examine FDA requirements for manufacturing PET radiopharmaceuticals
8. Sagent Pharmaceuticals Announces U.S. FDA Approval of Azithromycin for Injection
9. Celator(R) Pharmaceuticals to Present at Future Leaders in the Biotech Industry Conference
10. Anadys Pharmaceuticals to Present at the Citi Biotech Day
11. Endo Pharmaceuticals Solutions (Formerly Indevus Pharmaceuticals, Inc.) Announces Commencement of Offer to Purchase Its 6.25% Convertible Senior Notes Due 2009
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/29/2015)... (PRWEB) , ... July 29, 2015 , ... ... a decision from the Judicial Panel on Multidistrict Litigation (JPML), according to court ... defects research at their website, the Zofran Birth Defects Lawsuit Center. , GlaxoSmithKline, ...
(Date:7/29/2015)... ... July 29, 2015 , ... " mybody ” was featured ... small, medium and large businesses making an impact in their industry. Andrew Tropeano, the ... how these advanced probiotic skincare products are designed to strengthen the skin’s defense system ...
(Date:7/29/2015)... , ... July 29, 2015 , ... ... it has entered into a partnership with 247Ergo, an ergonomics specialty firm. Purpose ... wellness. Ergonomics projects that the companies undertake could improve worker mobility, functionality and ...
(Date:7/29/2015)... (PRWEB) , ... July 29, 2015 , ... ... illnesses is seeking funding for a study on the potentially lifesaving impact of ... Institute today . , The research proposal is based on a successful ...
(Date:7/29/2015)... Rosa, CA (PRWEB) , ... July 29, 2015 , ... ... hernias have advanced as a result. Information provided by the National Center for ... – and three million new cases are reported annually. While the only effective ...
Breaking Medicine News(10 mins):Health News:Zofran Lawsuit News: Zofran Lawsuits Stayed, Awaiting MDL Decision 2Health News:Zofran Lawsuit News: Zofran Lawsuits Stayed, Awaiting MDL Decision 3Health News:Zofran Lawsuit News: Zofran Lawsuits Stayed, Awaiting MDL Decision 4Health News:Strengthen the Skin’s Defense System from the Inside Out with mybody 2Health News:HealthPostures and 247Ergo Partnership Strengthens America's Wellness 2Health News:HealthPostures and 247Ergo Partnership Strengthens America's Wellness 3Health News:Children's Medical Safety Research Institute Announces Innovative Study on Alzheimer’s Treatment Is Subject of Crowd Funding Campaign 2Health News:Children's Medical Safety Research Institute Announces Innovative Study on Alzheimer’s Treatment Is Subject of Crowd Funding Campaign 3Health News:National Statistics Reflect NCMA General Surgery Physicians Findings: Hernia Patients Who Seek Treatment Promptly are More Likely to Enjoy a Quick Recovery 2Health News:National Statistics Reflect NCMA General Surgery Physicians Findings: Hernia Patients Who Seek Treatment Promptly are More Likely to Enjoy a Quick Recovery 3
... fund the construction and operation of the new Children,s Healthcare ... 11 Kaiser Permanente of Georgia today announced a $5 ... goal of improving access to care for low-income children. ... a new, state-of-the-art hospital that replaces the existing Children,s Healthcare ...
... treatment effects are helping clinicians gain a better ... benefit from close monitoring, lifestyle changes and/or additional ... 15/22, 2009, Prevention and Outcomes Focus Issue of ... Cardiology aim to disentangle the influence of ...
... The ... insurance carriers to succeed in a post-health care reform environment. , ... Atlanta, GA (PRWEB) December 11, ... solutions to the health insurance industry, has launched a new package of products and ...
... ... join Tea Party Support ( http://teapartysupport.com ) and the Social Security ... is necessary, including the use of any parliamentary device available to ... ,Rush Limbaugh questioned Senate Minority Leader McConnell’s strategy a few ...
... , Company open letter ... Dec. 11 /PRNewswire-FirstCall/ - Hard to Treat Diseases (HTDS) http://www.htdsmedical.com ... stock price. First, we would like our shareholders to be reassured and ... do not know about. While there are several significant pending transactions they ...
... ... , ... -- Americans do not believe that they know much about depression , but are highly ... the National Alliance on Mental Illness (NAMI)., , ,See full survey results at ...
Cached Medicine News:Health News:Kaiser Permanente Gives $5 Million to Children's Healthcare of Atlanta 2Health News:Kaiser Permanente Gives $5 Million to Children's Healthcare of Atlanta 3Health News:New research identifies modifiable risk factors for heart disease 2Health News:New research identifies modifiable risk factors for heart disease 3Health News:New research identifies modifiable risk factors for heart disease 4Health News:New research identifies modifiable risk factors for heart disease 5Health News:New research identifies modifiable risk factors for heart disease 6Health News:Connecture, Inc. Launches New Technology Package to Increase Health Insurance Carriers' Success in the Online Individual Market 2Health News:Rush Limbaugh & Michael Steele Join Tea Party Support & Social Security Institute-Demand GOP Senate Stop ObamaCare by Any Means Possible 2Health News:Rush Limbaugh & Michael Steele Join Tea Party Support & Social Security Institute-Demand GOP Senate Stop ObamaCare by Any Means Possible 3Health News:Hard to Treat Diseases (HTDS) Comments on Recent Movement Of Its Security 2Health News:Hard to Treat Diseases (HTDS) Comments on Recent Movement Of Its Security 3Health News:Hard to Treat Diseases (HTDS) Comments on Recent Movement Of Its Security 4Health News:Hard to Treat Diseases (HTDS) Comments on Recent Movement Of Its Security 5Health News:Hard to Treat Diseases (HTDS) Comments on Recent Movement Of Its Security 6Health News:Depression Survey: Implications for Diverse Communities 2Health News:Depression Survey: Implications for Diverse Communities 3
(Date:7/28/2015)... Tenn. , July 28, 2015 Cumberland ... it will release second quarter 2015 financial results after ... conference call and live Internet webcast will be held ... Time to discuss the results. To participate ... or 253-237-1032 (for international callers).  A rebroadcast of the ...
(Date:7/28/2015)... ALTO, Calif. , July 28, 2015 ... Holding Corp., the parent company of CPI International, Inc. ... third quarter ended July 3, 2015 with the Securities ... regarding its results for the quarter.  At 11 a.m. ... a telephonic conference call in conjunction with this release ...
(Date:7/28/2015)... , July 28, 2015  Nevro Corp. (NYSE: ... that is providing innovative evidence-based solutions for the ... of the SENZA-RCT results in the Online First ... the American Society of Anesthesiologists. ... that was the first to directly compare spinal ...
Breaking Medicine Technology:Cumberland Pharmaceuticals To Announce Second Quarter 2015 Financial Results 2CPI International To Announce Third Quarter 2015 Financial Results 2Nevro Announces Publication of SENZA-RCT Results in Anesthesiology 2
... Surgical, recently named one of Philadelphia,s 100 Fastest ... the healthcare marketplace with the acquisition of the ... surgical facilities to Millennium Surgical,s resources.  Its acquisition ... company has been undertaking for several years.  Millennium ...
... March 23, 2011 Polar ( ... assessment technology, today announced a partnership with celebrity fitness trainer ... president and CEO of NGR™ / No Gym Required™ ... a new show on the CW network, as a spokesperson ...
Cached Medicine Technology:Millennium Surgical adds "SurgicalInstruments.com" Name 2Polar Partners with 'Shedding for the Wedding' Trainer and NGR™ President and CEO Jennifer Cohen 2Polar Partners with 'Shedding for the Wedding' Trainer and NGR™ President and CEO Jennifer Cohen 3
Designed to minimize emblolic debris in SVGs and carotids...
... The dual lumen titanium ... 1.2 mm inner diameter ... oval lumen catheters offer ... maintaining maximum catheter strength. ...
The standard-sized titanium port may be ordered with a silicone or polyurethane catheter. The silicone catheter is available with inner diameter sizes of 0.9, 1.0, 1.4, 1.6 mm. The polyurethane cathe...
... The Statscan Critical Imaging System is ... aimed specifically at the needs of emergency ... the radiography needs of both trauma patients ... life-saving information to the medical staff by ...
Medicine Products: