Sentences with phrase «sale of its generic drug»

• Mallinckrodt (NYSE: MNK) is exploring a sale of its generic drug unit in a deal that could fetch as much as $ 2 billion, according to Reuters.

Kocher speculates that Amazon could reduce costs by accepting lower margins than pharmacy benefits managers — intermediaries that now make huge profits through sales of generic drugs in particular.

(Reuters)- Mallinckrodt Plc (MNK.N) is exploring a sale of its generic drug unit, in a deal that could fetch as much as $ 2 billion and help pivot the specialty pharmaceutical maker toward higher - margin branded drugs, according to people familiar with the matter.

They recently represented Allergan on the local aspects of the USD40 billion sale of its generic drug division to Teva and are frequently instructed by major multinationals such as Mars Caribbean & Central America, UBS and Toyota.

Not exact matches

The first would be to set up «virtual retail pharmacies» alongside its dozens of other sales «departments,» from books and baby products to wine, and then contract directly with generic drug makers to sell their pills.

The companies have begun to market their «biosimilar» (a generic version of expensive biologic drugs) of Remicade — a copycat of J&J's best - selling rheumatoid arthritis and immunology treatment (which garnered more than $ 5 billion in U.S. sales last year) and was approved by the Food and Drug Administration (FDA) in April — at a striking 35 % discount to its list price.

Revenue growth has slowed as many companies sink more resources into developing the next blockbuster drug; what's more, the «patent cliff» for the last round of megabillion - dollar drugs — when generics firms typically see a sales spurt — happened a few years ago.

WASHINGTON (AP)-- The Supreme Court on Wednesday considered a drug company's fight to keep a generic version of its biotech drug off the market for an additional six months that would mean billions more in sales and higher costs to the public.

The generic drug maker has hired Morgan Stanley to review available options, including an acquisition or sale of the company.

The sale process for Mallinckrodt's generic drug business comes amid a wave of dealmaking in the sector.

Attempting to determine dosage amounts of a drug according to the generic recommendation that «this will work for everybody» from a company or business that is interested more in making a sale than in the health of the population is counterproductive to the initial impetus behind taking the medication in the first place.

In a decision released in July, Merck & Co., Inc. v. Apotex Inc., 2013 FC 751, Justice Snider held that Apotex must pay $ 119 million in damages for its sale of generic lovastatin, a cholesterol drug, which infringed one of Merck's patents.

Paul, Weiss client Nichi - Iko Pharmaceutical Co., Ltd., the largest generic drug manufacturer in Japan by sales, announced that it has agreed to acquire Sagent Pharmaceuticals, Inc. in an all - cash tender offer followed by a second - step cash merger, for a total consideration of approximately $ 736 million.

Although generic drug usage is over 80 % of all prescriptions in the US, as of 2015 the sale of generics were only a quarter as large as those of patented drugs.

[3] The sale and pricing of generic drugs is provincially regulated.

Professional Experience PCIVET (City, ST) Date — Date Purchasing Manager / Buyer • Managed all purchasing and procurement of branded and generic prescription drugs • Hired, trained, and directed support staff ensuring effective and efficient operations • Analyzed inventory movement, sales, and developed remedial strategies • Handled purchasing negotiations to secure quality products at competitive prices • Researched and evaluated product quality and sales potential prior to purchase

After graduating with degrees in psychology and social work — both of which Witt says are extremely beneficial in real estate — she worked as a marketing coordinator for generic drug maker Pharmascience, organizing activities for 40 sales reps.