SICOR Announces ANDA Approval for Vincristine Sulfate
7.09.1999, 14:49
Injection USP
Irvine, Calif. (PROTEXT) - SICOR Inc. (Nasdaq: SCRI) today
announced that its wholly owned subsidiary, Gensia Sicor
Pharmaceuticals, Inc., has received approval of an Abbreviated
New Drug Application (ANDA) from the Food and Drug Administration
(FDA) for Vincristine Sulfate Injection USP, a drug indicated for
acute leukemia.
According to IMS, a market research firm, U.S. sales of
Vincristine were approximately $5 million in 1998. The branded
product, Oncovin(R) Injection, is marketed by Eli Lilly and
Company.
SICOR Inc. is a vertically integrated specialty pharmaceutical
company with proven expertise in the development, manufacturing
and marketing of multi-source injectable pharmaceuticals. With a
strategy of combining both the production of active
pharmaceutical ingredients utilizing synthesis or fermentation
and state of the art manufacturing facilities, SICOR's primary
focus is on the worldwide injectable pharmaceutical market, which
currently includes oncology, anesthesiology, cardiology and other
therapeutic areas. SICOR operates several manufacturing
facilities in Europe, Mexico and the U.S.A., while maintaining
its corporate headquarters in Irvine, California.
This press release contains forward looking statements that
are subject to risks and uncertainties that could cause actual
results to differ materially from those set forth in the forward
looking statements and those matters set forth in the risk
factors section of SICOR's filings on Forms 10-K and 10-Q with
the Securities and Exchange Commission. These forward looking
statements represent the Company's judgment as of the date of
this press release. The Company disclaims any intent or
obligation to update these forward looking statements.
For more information on the Company, visit SICOR's web site at
www.gensiasicor.com. News releases are also available at no
charge through PR Newswire's News On-Call fax service. For a menu
of available news releases or to retrieve a specific release made
by SICOR, call 800-758-5804, extension 354050. Please retain
these numbers for future reference. ots Original Text Service:
SICOR Inc. Internet: http://www.newsaktuell.de Contact: Laurie
W. Little of SICOR Inc., (USA) 949-455-4879; or Carolyn Bass or
Jim Byers, (USA) 415-296-7383, or Patricia Walsh or Eric
Gonzales, (USA) 212-850-5600, all of Morgen-Walke Associates,
Inc., for SICOR Inc. Company News On-Call:
http://www.prnewswire.com/comp/354050.html or Fax, (USA) 800-
758-5804, ext. 354050 Web site: http://www.gensiasicor.com
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