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Par Pharmaceutical Companies Inc. (PRX)

On Feb 9: 24.07 USD   0.00 (0.00%)  
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Par Pharmaceutical Companies Inc.
300 Tice Boulevard
Woodcliff Lake, NJ 07677
Phone: 201-802-4000
Web Site: http://www.parpharm.com

DETAILS
Index Membership: S&P 400 MidCap
S&P 1500 Super Comp
Sector: Healthcare
Industry: Drugs - Generic
Employees (last reported count): 794

BUSINESS SUMMARY
Par Pharmaceutical Companies, Inc. develops, manufactures, and markets generic drugs and branded pharmaceuticals for specialty markets in the United States. The company offers generic prescription drugs comprising approximately 180 products representing various dosage strengths for approximately 80 separate drugs. Its principal generic drug products include fluticasone, amoxicillin, cabergoline, tramadol HCl and acetaminophen, quinapril, fluoxetine, ibuprofen Rx, lovastatin, megestrol oral suspension, cefprozil, paroxetine, mercatopurine, glyburide and metformin HCl, metformin ER, ranitidine, and tizanidine. Par Pharmaceutical Companies manufactures its products principally in the solid oral dosage form, such as tablet, caplet, and two-piece hard shell capsule. The company also markets oral suspension products, products in the semi-solid form of a cream, and an inhaler product. It sells its generic products primarily to wholesalers, drug store chains, supermarket chains, mass merchandisers, distributors, managed health care organizations, mail order accounts, and government. Par Pharmaceutical Companies also offers Megace ES, a branded drug product for the treatment of anorexia, cachexia, or any unexplained significant weight loss in patients with a diagnosis of AIDS; and megestrol acetate oral suspension, NanoCrystal. It has a joint venture with Rhodes Technology to research, develop, commercialize, and market pharmaceutical preparations for human therapy; a collaboration agreement with IntelliPharmaCeutics Corp. for the development and marketing of controlled release generic drug products; and a collaboration agreement with Actavis Group the development of four generic extended release products, including Nifedipine XR, Methylphenidate LA, Zolpidem CR, and Alfuzosin. The company was founded in 1978 and is based in Woodcliff Lake, New Jersey.
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    OFFICERS
      Pay Exercised
    Mr. Patrick G. LePore , 53
    Chairman, Chief Exec. Officer, Pres and Member of Corp. Devel. Review Committee
    $ 370.00K N/A
    Mr. Gerard A. Martino , 46
    Chief Operating Officer and Exec. VP
    $ 570.00K N/A
    Mr. John A. MacPhee , 40
    Exec. VP and Pres of Branded Products Division
    N/A N/A
    Mr. Thomas J. Haughey , 44
    Exec. VP, Sec., Gen. Counsel, Sec. of Kali Laboratories, Inc and Gen. Counsel of Kali Laboratories, Inc
    N/A N/A
    Ms. Veronica A. Lubatkin , 45
    Chief Financial Officer, Principal Accounting Officer and Exec. VP
    N/A N/A
    Dollar amounts are as of 31-Dec-06 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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