Strategic Initiative

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Impax Signs Definitive Agreements to Acquire Generic Products

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TEVA

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IPXL

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Additional Information

Additional Relevant Details Upon closing of the Transaction, Impax is expected to add:
  • A portfolio of 15 currently marketed generic products;
  • One approved generic product and two approved strengths of a currently marketed product, which have not yet launched;
  • One pipeline generic product and one pipeline strength of a currently marketed product, which are pending U.S. Food and Drug Administration (FDA) approval;
  • The full commercial rights to Impax's pending ANDA for the generic equivalent to Concerta (methylphenidate hydrochloride), a product previously partnered with Teva; and
  • One generic product under development.
http://investors.imp...
Slingshot Insights Explained
Strategic Initiative Date
Announcement Date:
Jun 21, 2016
Projected Implementation:
Q2, 2016
Relevance Tracked Until:
Q1, 2017
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Related Keywords Concerta, Methylphenidate Hydrochloride