What happened to Forest Pharmaceuticals?
What happened to Forest Pharmaceuticals?
Forest Laboratories was a company in the pharmaceutical industry incorporated in Delaware, with its principal office in New York City. On July 1, 2014, the company was acquired by Actavis (now Allergan).
What company bought Forest Pharmaceuticals?
Actavis
The generic drug maker Actavis will shell out $25 billion in cash and stock to acquire Forest Laboratories. The deal will combine a leader in generics with a producer of specialty pharmaceuticals that has gone through a major revamping over the past year.
Where is Forest Laboratories located?
New York, New
Forest Laboratories LLC, located in New York, New York, and its subsidiary, Forest Pharmaceuticals Inc., have agreed to pay $38 million to resolve allegations that they violated the False Claims Act by paying kickbacks to induce physicians to prescribe the drugs Bystolic®, Savella®, and Namenda®, the Department of …
Which company owns Allergan?
AbbVie
Actavis
Allergan/Parent organizations
In June 2019, U.S. pharmaceutical company AbbVie announced it had reached an agreement to acquire Allergan for $63 billion. The merged company would be domiciled in the U.S. for tax purposes.
Did Allergan go private?
Allergan, Inc. was formed in 1948, incorporated in 1950 and became a public company in 1970. It ceased operation in 2015 when it was acquired by Irish-based Activis plc (itself a 2013 U.S. tax inversion to Ireland), who then renamed the group as Allergan plc.
When did Actavis stop being made?
Due to their production of “Prometh With Codeine Cough Syrup”, the main ingredient in recreational drug nicknamed ‘purple drank’, the brand has been name-dropped by multiple well known hip-hop artists. Actavis discontinued production of the syrup in 2014.
What is Forest Pharmaceuticals Inc known for?
Forest Pharmaceuticals, Inc. manufactures and distributes pharmaceutical products. The Company offers medicines for prevention of cardiovascular diseases, central nervous system, endocrinology, gastrointestinal, respiratory, and pain management. Forest Pharmaceuticals serves customers worldwide.
Is Forest Laboratories still in business?
Footnotes / references. Forest Laboratories was a company in the pharmaceutical industry incorporated in Delaware, with its principal office in New York City. It was known for licensing European pharmaceuticals for sale in the United States. On July 1, 2014, the company was acquired by Actavis (now Allergan).
What is the Forest Pharmaceuticals Patient Assistance Program?
Forest Pharmaceuticals Patient Assistance Program, a patient assistance program provided by Forest Pharmaceuticals, Inc., offers the medications listed to the right at no cost for up to 90 days to those who are eligible for the program. Eligibility is based off of the following requirements:
What are the main therapeutic areas of Forest Laboratories?
The main therapeutic areas that the company concentrates on include depression, Alzheimer’s disease/neuropathic pain, hypertension, asthma, and gastrointestinal disease. Since its introduction in 1998, the antidepressant drug Celexa has been Forest’s blockbuster, accounting for nearly 70 percent of company revenues by fiscal 2002.
