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Sunday, November 22, 2009 12:13 AM

Ivax Corp

Type: Company
Name: Ivax Corp
Nationality: United States
First Reported 11/16/2009 - Updated 11/16/2009 - 1 Documents
Early last year, the FDA approved a new drug in the fight against adult-onset, type II diabetes, Glumetza. Glumetza is a new form of Metformin, a generic drug with many problems in uptake and gastric side-effects. Glumetza is a long-acting, timed release, ... [Seeking Alpha - 11/16/2009]
First Reported 11/17/2009 - Updated 11/17/2009 - 1 Documents
GlaxoSmithKline plc - Click to view image in its original context
GlaxoSmithKline plc
/p>Iowa has successfully forced recovery of $4.3 million that pharmaceutical companies have overcharged taxpayers for medications, the attorney general said today. About $1.2 million of that will come directly back to the state.Eight of 78 companies ... [Stateline - 11/17/2009]
First Reported 11/17/2009 - Updated 11/17/2009 - 1 Documents (in Health)
The FDA has approved Aurobindo Pharma’s and Ivax Pharmaceuticals’ ANDAs for perindopril erbutamine 2, 4, and 8 mg tablets. The medication is indicated for treatment of patients with essential hypertension and may be used alone or given with other ... [Facts & Comparisons - 11/17/2009]
First Reported 11/18/2009 - Updated 11/18/2009 - 1 Documents
SkyePharma plc - Click to view 360-page
SkyePharma plc
Pharmaceutical company SkyePharma plc (LSE:SKP) named Frank Condella as non-executive Chairman with effect from 1 January 2010 with the resignation of chairman Jeremy Scudamore from the board at the end of 2009 for health reasons, the company revealed ... [M2 - 11/18/2009]
First Reported 11/19/2009 - Updated 11/19/2009 - 1 Documents (in Conflicts & Crime)
Ivax Pharmaceuticals has agreed to pay$14 million and establish a corporate integrity agreement to resolve civil allegations that it engaged in kickback schemes with Omnicare, the nation’s largest nursing home pharmacy. ... [FDA News - 11/19/2009]
First Reported 11/03/2009 - Updated 11/04/2009 - 3 Documents
IVAX Pharmaceuticals and Omnicare agreed to resolve allegations that they solicited kickbacks in exchange for encouraging doctors to prescribe Johnson & Johnson's antipsychotic Risperdal to patients at nursing homes, the Justice Department said. Omnicare, ... [SmartBrief - 11/04/2009]
First Reported 11/03/2009 - Updated 11/03/2009 - 5 Documents
Johnson & Johnson - Click to view image in its original context
Johnson & Johnson
(Updates with comment from Johnson & Johnson and Teva, and includes additional detail on the status of a lawsuit against J&J.) ByBrent KendallOf DOW JONES NEWSWIRESWASHINGTON -(Dow Jones)- Geriatric pharmacy company Omnicare Inc. (OCR) will pay $98 million ... [CNN Money - 11/03/2009]
First Reported 10/28/2009 - Updated 10/28/2009 - 1 Documents (in Internet & IT)
Miami physician-entrepreneur Phillip Frost, long an investor in pharmaceutical industries, took a huge departure Tuesday in announcing that he and a group of close associates have organized the $80 million purchase of a Chinese outdoor advertising co ... [Miami Herald - 10/28/2009]
First Reported 11/03/2009 - Updated 11/03/2009 - 1 Documents
A traffic light wouldn't mean much to an alien just arrived from outer space.Of course, most people know that a green light means go, yellow means proceed with caution and red means stop.In a similar way, a 50-day moving average line could confuse a rookie ... [Yahoo! Canada - 11/03/2009]
First Reported 11/04/2009 - Updated 11/04/2009 - 1 Documents
A $112 million settlement involving alleged drug kickbacks that the Justice Dept. announced with the nation's largest nursing home pharmacy and a generic drug manufacturer on Nov. 3 is part of a wide-ranging investigation of suspected Medicaid fraud by ... [BusinessWeek - 11/04/2009]
First Reported 11/04/2009 - Updated 11/04/2009 - 1 Documents
November 04, 2009 | Chelsey Ledue, Associate EditorSuggested ContentWASHINGTON – The United State’s largest nursing home pharmacy, Omnicare, Inc., of Covington, Ky., will pay $98 million to settle allegations that the company ran several kickback schemes, ... [Healthcare Finance News - 11/04/2009]
First Reported 11/05/2009 - Updated 11/05/2009 - 1 Documents (in Conflicts & Crime)
The U.S. Department of Justice filed a civil suit against Rubin Schron, one of the members of group of controlling ownership of Israel Discount Bank, accusing him, companies in his control and his advisers and associates for accepting kickbacks in return ... [Haaretz - 11/05/2009]

Quotes

...Dr Ken Cunningham, CEO of SkyePharma, commented: "The Board thanks Jeremy for his valuable contribution as Chairman of the Company since October 2007 and wishes him a speedy and successful recovery. We are very fortunate that Frank Condella is able to take over from Jeremy as Chairman of SkyePharma. Frank will bring a strong sense of continuity to the position as well as a deep understanding of the business and we all look forward to continuing to work with him in his new role." Editors Note Frank Condella was Chief Executive Officer of SkyePharma PLC from 1 March 2006 until 1 September 2008 and has been a Non-Executive Director...
...'IVAX instructed its financial analyst: 'Do not factor into price or revenue,' take off total profit line,' according to court documents. "IVAX later described the payments internally as 'upfront money.' "

More Content

All (40) | News (39) | Reports (0) | Blogs (1) | Audio/Video (0) | Fact Sheets (0)
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Ivax Pharma to Pay $14 Million to Resolve Kickb... [FDA News - 11/19/2009]
Skyepharma announces Frank Condella as non-exec... [M2 - 11/18/2009]
Skyepharma PLC - Board Change - Zibb.com [Zibb - 11/18/2009]
Generic Perindopril Erbutamine Approved [Facts & Comparisons - 11/17/2009]
IA: Iowa will recover $1.2 milli... [Stateline - 11/17/2009]
Santarus, Depomed Poised to Gain from Anticipat... [Seeking Alpha - 11/16/2009]
Cardo Medical, Inc. (CDOM.OB) Closes $6.2 Milli... [International Business Times - 11/16/2009]
2 firms pay millions to settle charges of drug-... [Chicago Tribune - 11/14/2009]
The Outlook for Pharmaceuticals in Central &... [Pharmacy Choice - 11/13/2009]
Report on the outlook for pharmaceuticals in Ce... [News-Medical.Net - 11/13/2009]
Reportlinker Adds The Global Drug Delivery Mark... [Freshnews.com - 11/10/2009]
France: Generic drugs and comparative advertising [Managing IP - 11/10/2009]
Ivax Settles Kickback Lawsuit, Pays $14 Million [FDA News - 11/07/2009]
Feds Implicate Troutman Sanders Real Estate Par... [The American Lawyer - 11/06/2009]
U.S. files suit against Discount owner for acce... [Haaretz - 11/05/2009]
Omnicare to pay $98 million to settle kickback ... [HCPro - 11/05/2009]
2 firms pay millions to settle charges of drug-... [Pharmacy Choice - 11/05/2009]
BRIEF: IVAX to pay $14M fine related to kickbac... [Individual.com - 11/05/2009]
Ivax to Pay $14 Million as Part of Kickback Case [FDA News - 11/05/2009]
Feds Implicate Troutman Sanders Real Estate Cha... [The American Lawyer - 11/05/2009]
Nursing home pharmacy to pay $112M to settle fr... [Healthcare Finance News - 11/04/2009]
Drugmakers' Payments Draw Heat [BusinessWeek - 11/04/2009]
IVAX, Omnicare settle kickback allegations rega... [SmartBrief - 11/04/2009]
Ivax to pay $14M to settle kickback claim [Biz Journals - 11/04/2009]
2nd UPDATE: DOJ:Omnicare, Teva Unit To Pay In K... [CNN Money - 11/03/2009]
Omnicare, Teva co pay $112 million for kickbacks [Forbes.com - 11/03/2009]
UPDATE: US DOJ: Omnicare To Pay $98 Million, Te... [CNN Money - 11/03/2009]
Market Report -- In Play (OCR) [Briefing.com via MSN Money - 11/03/2009]
US DOJ:Omnicare To Pay $98 Million,Teva Unit $1... [CNN Money - 11/03/2009]
BRIEF-Justice Dept says Omnicare, Teva subsidia... [Forbes.com - 11/03/2009]
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The Pharmaceuticals Banker That Helped Evercore... [WSJ.com: Deal Journal - 07/31/2009]
Liam Vaughan, of Financial News, reports: A top pharmaceuticals banker who left Credit Suisse two years ago to join the fledgling business of Evercore Partners ...
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