February 21, 2018 6:40 PM ET


Company Overview of Par Pharmaceutical, Inc.

Company Overview

Par Pharmaceutical, Inc. develops, manufactures, and distributes generic drugs in the United States. The company was incorporated in 2003 and is based in Spring Valley, New York. Par Pharmaceutical, Inc. operates as a subsidiary of Endo International plc.

One Ram Ridge Road

Spring Valley, NY 10977

United States

Founded in 2003





Key Executives for Par Pharmaceutical, Inc.

Age: 55
Other Professional
Age: 62
Compensation as of Fiscal Year 2017.

Par Pharmaceutical, Inc. Key Developments

Par Pharmaceutical Inc. Launched the 5 and 40 Mg Strengths of its Generic Focalin XR Capsules in the US

Intellipharmaceutics International Inc. announced that its U.S. marketing partner, Par Pharmaceutical Inc., has launched the 5 and 40 mg strengths of its generic Focalin XR (dexmethylphenidate hydrochloride extended-release) capsules in the U.S. The launch of the 5 and 40 mg strengths complements the 10, 15, 20, 25, 30 and 35 mg strengths of generic Focalin XR previously launched and marketed by Par. Under a licensing and commercialization agreement between the Company and Par, the company receives quarterly profit-share payments on Par's U.S. sales of generic Focalin XR. Focalin XR, a drug used in the treatment of attention deficit hyperactivity disorder, is marketed by Novartis Pharmaceuticals Corporation.

Par Pharmaceutical Launches 25 and 35 Mg Strengths of its Generic Focalin XR

Intellipharmaceutics International Inc.  announced that its United States marketing partner, Par Pharmaceutical, has launched the 25 and 35 mg strengths of its generic Focalin XR®  (dexmethylphenidate hydrochloride extended-release) capsules in the U.S.  The U.S. Food and Drug Administration ("FDA") has granted final approval to Par’s abbreviated new drug application (“ANDA”) for its generic Focalin XR® capsules in the 5, 10, 15, 20, 25, 30, 35 and 40 mg strengths. The Company is unable to state or estimate an actual launch date of any remaining strengths, but currently intends to provide an update once it is advised by Par of the launch of any additional strengths of its generic Focalin XR®.

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Recent Private Companies Transactions

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