August 28, 2016 4:59 AM ET

Pharmaceuticals

Company Overview of Actavis Pharma, Inc.

Company Overview

Actavis Pharma, Inc. develops, manufactures, and markets generic pharmaceutical products. It offers solid dosage and sterile dosage generic products. The company was formerly known as Schein Pharmaceutical, Inc. The company was founded in 1931 and is based in Parsippany, New Jersey. As of August 28, 2000, Actavis Pharma, Inc. operates as a subsidiary of Allergan plc.

400 Interpace Parkway

Morris Corporate Center III

Parsippany, NJ 07054

United States

Founded in 1931

1,325 Employees

Phone:

862-261-7000

Fax:

201-427-8100

Key Executives for Actavis Pharma, Inc.

Chairman and Chief Executive Officer
Age: 70
Senior Vice President of Strategic Development
Age: 63
Senior Vice President of Technical Operations
Age: 70
Senior Vice President of Corporate Quality Assurance
Age: 67
Other Professional
Compensation as of Fiscal Year 2016.

Actavis Pharma, Inc. Key Developments

VIVUS, Inc. Announces Favorable Markman Ruling in Qsymia(R) Patent Litigation

VIVUS, Inc. announced that the United States District Court for the District of New Jersey has issued a claim construction (Markman) ruling governing patent litigation brought by VIVUS against Actavis Laboratories FL, Inc., Actavis Pharma, Inc., and Actavis Inc., collectively referred to as Actavis, and Teva Pharmaceuticals USA, Inc. and Teva Pharmaceutical Industries Ltd., collectively referred to as Teva. The lawsuits were filed in response to Abbreviated New Drug Applications, or ANDAs, filed by Actavis and Teva. In these applications, Actavis and Teva seek to market and sell a generic version of the currently approved doses of Qsymia® (phentermine and topiramate extended-release) capsules CIV prior to the expiration of U.S. Patents listed in the FDA's approved drug products with Therapeutic Equivalence Evaluations, or the Orange Book. There are ten (10) VIVUS patents asserted in the litigation, the last of which expires in 2029. VIVUS, Inc. filed the lawsuits on the basis that Actavis' and Teva's proposed generic products infringe the VIVUS patents. In a Markman ruling, also known as a claim construction ruling, the Court determines the meaning of disputed patent claim terms at issue in patent litigation. In a July 20, 2016 Markman ruling, Judge Stanley R. Chesler adopted VIVUS' proposed constructions for all but one of the disputed claim terms and adopted a compromise construction that was acceptable to VIVUS for the final claim term. The next phase of the ongoing litigation with Actavis will be expert discovery. The Teva case remains in fact discovery. No trial date has been scheduled in either case.

Shire Wins Patent Trial against Watson Concerning LIALDA

Shire plc and its subsidiary, Shire Development LLC, announced that the United States District Court for Southern Florida has upheld its patent for LIALDA® (mesalamine) delayed release tablets for the induction of remission in adults with active, mild to moderate ulcerative colitis and for the maintenance of remission of ulcerative colitis. The decision follows litigation by Shire against Watson Pharmaceuticals Inc., Watson Laboratories, Inc.-Florida, Watson Pharma, Inc. and Watson Laboratories, Inc. in connection with their Abbreviated New Drug Application (ANDA) for a generic version of LIALDA.

Actavis Pharma, Inc. Wins $28.09 Million Federal Contract

Actavis Pharma Inc. has won a $28,088,035.50 federal contract modification from the U.S. Department of Veterans Affairs, Hines, Illinois, for clonidine patches.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 21, 2016
Portfolio of Generic Products
 

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