Under the terms of the agreement, Prasco will market and distribute Nitrofurantoin Oral Suspension, the Authorized Generic version of Furadantin
This increase was primarily due to the purchases of the Prenate line in August 2001, Furadantin
in December 2001 and Sular in March 2002.
Patrick Fourteau, Sciele's Chief Executive Officer and President, said, "The acquisition of Alliant gives Sciele a much larger presence in pediatrics, a therapeutic area in which we are involved with our Furadantin
product, and will enable us to maximize the potential of glycopyrrolate, a Sciele product that is in pivotal phase III clinical trials for pediatric chronic, moderate-to-severe drooling.
The Company's OBGYN and pediatric franchises includes the Prenate line, Ponstel, Tanafed line (Tanafed DP and Tanafed DMX) and Furadantin
increased due to the purchases of Prenate in August 2001, Furadantin
We believe that Furadantin
(R) fits well within our pediatric franchise and that our sales representatives will be able to cross-promote Furadantin
to the physicians to whom we promote Tanafed and Tanafed DM(TM).