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August 31, 2015 10:21 AM ET

Pharmaceuticals

Company Overview of Altaire Pharmaceuticals, Inc.

Company Overview

Altaire Pharmaceuticals, Inc. researches, develops, and manufactures pharmaceutical products for the over-the-counter market. It offers antibiotics, anti-fungal, anti-itch, and acne treatment creams and ointments; baby care drops; a line of infant's and children's cough and cold products, fever reducers, and allergy medications; nasal decongestion and pain relief, and first aid products; and hair care products. Altaire Pharmaceuticals, Inc. was founded in 1991 and is based in Aquebogue, New York.

311 West Lane

Aquebogue, NY 11931

United States

Founded in 1991

Phone:

800-258-2471

Fax:

516-722-9683

Key Executives for Altaire Pharmaceuticals, Inc.

Compensation as of Fiscal Year 2015.

Altaire Pharmaceuticals, Inc. Key Developments

Altaire Pharmaceuticals, Inc., Announces Voluntarily Recalling of Nine Lots of Carboxymethylcellulose Sodium 0.5% Ophthalmic Solution

Altaire Pharmaceuticals, Inc. announced that it is voluntarily recalling a total of nine (9) lots of Carboxymethylcellulose Sodium 0.5% Ophthalmic Solution, 30 mL, to the consumer level. There have been no reports of adverse effects to consumers so far. However, due to complaints of mold found in the 30 mL bottles after use, concerns regarding the effectiveness of the preservative after use and handling of the product by consumers have prompted the recall. A product whose preservative is not effective could lead to use of a contaminated product which could be calamitous for any population since there is a reasonable probability of a potentially sight threatening eye infection. It has been confirmed by Altaire that all lots of product were sterile at the time of release, and that the preservative was effective when challenged against the USP Preservative Effectiveness Test. It has also been confirmed by Altaire that its production facility is not the source of any reported contaminants. The product is known generically as Carboxymethylcellulose Sodium 0.5% Ophthalmic Solution and labeled as equate Restore Tears Lubricant Eye Drops Carboxymethylcellulose Sodium 0.5%, Sterile, 1 FL OZ (30 mL) - Distributed by Wal-Mart Stores, Inc.; Lubricant EYE DROPS FOR MILD TO MODERATE DRY EYE, STERILE, 1 FL OZ (30 mL), for Mild to Moderate Dry Eye - Distributed by CVS Pharmacy, Inc.; lubricant eye drops for mild to moderate dry eye, STERILE, 1 FL OZ (30 mL) - Dist. by Target Corp. Only the lots listed below are affected, and the recall is limited to the product in the 30 mL size of Lot # 11440, expiration date 09/2013, labeled for CVS; Lot # 11441, expiration date 09/2013, labeled for CVS; Lot # 12042, expiration date 01/2014, labeled for Wal-Mart and CVS; Lot # 12103, expiration date 02/2015, labeled for Wal-Mart; Lot # 12203, expiration date 05/2015, labeled for Wal-Mart and CVS; Lot # 12207, expiration date 05/2015, labeled for Wal-Mart; Lot # 12293, expiration date 08/2015, labeled for Wal-Mart; Lot # 12352, expiration date 09/2015, labeled for Target and CVS; Lot # 12356, expiration date 09/2015, labeled for Target and CVS.

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