Monday, November 29, 2010

Impax sued by Alza over ADHD drug

Generic drugmaker Impax Laboratories Inc. has been sued by Alza Corp. over a drug aimed at Attention Deficit Hyperactivity Disorder.
Hayward-based Impax (NASDAQ: IPXL) wants to make a generic copy of the drug Concerta, or methylphenidate hydrochloride, in extended release 54 mg tablets. It’s working on the drug with Teva Pharmaceuticals and has applied with the Food and Drug Administration for the product.

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