QUOTE AND NEWS
Mondo Visione  Jul 27  Comment 
The International Securities Exchange (ISE) today announced that it has introduced a new order type, the Add Liquidity Only Order (ALO). An ALO specifies that the order can only be executed if it adds liquidity to the order book as a “maker.”...
Benzinga  Mar 1  Comment 
On February 28, 2012, Pfizer Inc. (NYSE: PFE) notified DURECT Corporation, a Delaware corporation (NASDAQ: DRRX), that Pfizer is terminating, effective August 30, 2012, the Development and License Agreement between Alpharma Ireland Limited and...
Reuters  Apr 30  Comment 
King Pharmaceuticals Inc said it has completed its review of its Alpharma Animal Health business and has determined that it will not alter its current structure.
Wall Street Journal  Mar 16  Comment 
Alpharma agreed to pay $42.5 million to settle a whistleblower case over its promotion of the morphine drug Kadian.
New Straits Times  Feb 7  Comment 
KUALA LUMPUR: The government has allowed three foreign missions here to post an "airport liaison officer" (ALO) at the Kuala Lumpur International Airport (KLIA) to screen travellers to their respective countries.
Gauging Corporate Financial Reports  Feb 26  Comment 
King Pharmaceuticals, Inc. (NYSE: KG) has announced a huge loss for the quarter that ended on 31 December 2008. Much of the loss was due to charges, exceeding $600 million, that were associated with the $1.6 billion acquisition of Alpharma, Inc....




 

Alpharma, Inc. (ALO) is a specialty pharmaceutical company with global operations in human and animal pharmaceuticals. Alpharma does business in more than 80 countries. The company struggled in 2004, based on continuing problems from manufacturing issues raised by the U.S. Food and Drug Administration (FDA) in 2003. Alpharma has since worked through the bulk of these problems, regaining FDA approval to begin solid dose and liquid formulation manufacturing. With its generic business out of the woods, the company decided it was time to divest these operations and focus more on growing its specialty pharmaceutical business. In December 2005, Alpharma concluded the sale of its U.S. and international generics business to Actavis Group for $810 million in cash. Soon thereafter, Alpharma sold ParMed Pharmaceuticals, its U.S. pharmaceutical distribution business, to Cardinal Health Inc. for $40.1 million in cash. Following the divestiture of its generic business, the company is now conducting its business through three main segments: Pharmaceuticals (formerly known as Branded Pharmaceuticals), Active Pharmaceutical Ingredients (API), and Animal Health. The API segment develops, manufactures, and markets a range of fermentation-based active pharmaceutical ingredients that are used, primarily by third parties, in the manufacture of finished-dose pharmaceutical products.

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