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Biotech / Medical : LCI - Lannett Company, Inc.

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To: Tom Caruthers who wrote (41)6/13/2007 1:30:35 PM
From: richardred  Read Replies (1) of 81
 
Competition, trumped again?.

Bradley Launches Generic Adoxa
Tuesday June 12, 12:54 pm ET
Bradley Pharmaceuticals Launches Generic Version of Its Antibiotic Adoxa

FAIRFIELD, N.J. (AP) -- Specialty drug maker Bradley Pharmaceuticals Inc. said Tuesday it launched a 150-milligram generic version of its antibiotic Adoxa, used primarily to treat acne.

The company has a licensing and distribution agreement with Par Pharmaceutical Co. for the tablets. Par has been the company's exclusive partner for an authorized generic version of the drug since 2005.

Other companies with generic versions of the drug, which is also used to treat gonorrhea, chlamydia, periodontitis and other infections, include Mylan Laboratories Inc. and Lannett Co. Those generic versions vary in doses from 50 milligrams to 150 milligrams.

Shares of Bradley fell 26 cents to $20.39, while shares of Mylan fell 18 cents to $18.56 and shares of Lannett fell 7 cents to $6.44 in midday trading.

biz.yahoo.com
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