| [February 08, 2012] |
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APP Pharmaceuticals Announces Launch of Imipenem and Cilastatin for Injection, USP and Meropenem for Injection, USP
SCHAUMBURG, Ill. --(Business Wire)--
APP Pharmaceuticals, Inc., a Fresenius Kabi Company, announced today
that it will launch both Imipenem and Cilastatin for Injection, USP and
Meropenem for Injection, USP in the United States. APP will begin
shipping Meropenem for Injection the week of February 13, 2012 with
Imipenem and Cilastatin for Injection scheduled to ship in the next
three to five weeks.
Imipenem and Cilastatin for Injection is therapeutically equivalent to
the reference-listed drug Primaxin IV®, which is currently
marketed by the innovator Merck & Co. Meropenem for Injection is
therapeutically equivalent to the reference-listed drug Merrem IV®,
currently marketed by the innovator AstraZeneca Pharmaceuticals, LP.
APP's Imipenem and Cilastatin for Injection will be available in 250 mg
and 500 mg single dose vials, while Meropenem for Injection will be
available in 500 mg and 1 gram single dose vials. Both products are
AP-rated, preservative-free and bar-coded. According to IMS Health, in
2011 combined sales of both products in the United States were
approximately $229 million1.
"The upcoming launch of these two products marks APP's entry into the
Carbapenem market," said John Ducker, President and Chief Executive
Officer of APP Pharmaceuticals. "Adding these two products to our
portfolio further strengthens our existing anti-infective line and helps
solidify our continued leadership in the reliable supply of sterile
generic injectables."
About Imipenem and Cilastatin for Injection, USP
Imipenem and Cilastatin for Injection is indicated for the treatment of
serious infections caused by susceptible strains of the designated
microorganisms in many conditions. Because of its broad spectrum of
bactericidal activity against gram-positive and gram-negative aerobic
and anaerobic bacteria, Imipenem and Cilastatin for Injection is used in
the treatment of mixed infections and as a presumptive therapy prior to
the identification of causative organisms.
About Meropenem for Injectin, USP
Meropenem for Injection is indicated as a single agent therapy for the
treatment of skin and skin structure infections and intra-abdominal
infections in adults and pediatric patients over three months, and for
bacterial meningitis for pediatric patients over the age of three months.
About APP Pharmaceuticals, Inc.
APP Pharmaceuticals, Inc. is a fully-integrated pharmaceutical company
that develops, manufactures and markets injectable pharmaceutical
products with a primary focus on the oncology, anti-infective,
anesthetic/analgesic and critical care markets. The company offers one
of the most comprehensive product portfolios used in hospitals,
long-term care facilities, alternate care sites and clinics within North
America and manufactures a comprehensive range of dosage formulations.
APP Pharmaceuticals is a Fresenius Kabi Company. For more information,
please visit the company's Web site at www.APPpharma.com.
About Fresenius Kabi AG
Fresenius Kabi AG is the leader in infusion therapy and clinical
nutrition in Europe and in its most important countries of Latin America
and Asia Pacific. Fresenius Kabi's core product range includes infusion
solutions, blood volume substitutes, I.V. drugs and parenteral
nutrition, as well as products for enteral nutrition. Furthermore, the
company provides concepts for ambulatory health care and is focused on
managing and providing home therapies. With the philosophy "caring for
life" and a comprehensive product portfolio, the company aims at
improving the quality of life of critically and chronically ill patients
all over the world. In 2010, Fresenius Kabi achieved sales of EUR 3,672
million and an operating profit of EUR 737 million. For more information
visit the company's Web site at www.fresenius-kabi.com.
Fresenius Kabi AG is a 100% subsidiary of Fresenius SE & Co. KGaA.
Forward-Looking Statement
The statements contained in this news release that are not purely
historical are forward-looking statements within the meaning of Section
21E of the Securities Exchange Act of 1934, as amended. Forward-looking
statements in this news release include statements regarding our
expectations, beliefs, hopes, goals, intentions, initiatives or
strategies, including statements regarding the demand, supply and
distribution of our products. Because these forward-looking statements
involve risks and uncertainties, there are important factors that could
cause actual results to differ materially from those in the
forward-looking statements. These factors include, but are not limited
to, the availability and pricing of ingredients used in the manufacture
of pharmaceutical products and the ability to successfully manufacture
products in a time-sensitive and cost effective manner. Additional
relevant information concerning risks can be found in the Fresenius Kabi
Pharmaceuticals Holding, Inc. 10-K for the fiscal year ending December
31, 2010 and other documents the company has filed with the Securities
and Exchange Commission.
The information contained in this news release is as of the date of this
release. Fresenius Kabi Pharmaceuticals Holding, Inc. does not assume
any obligation to update or revise these forward-looking statements to
conform the statement to actual results, new information, developments
or changes in the Company's expectations.
Primaxin IV® is a registered trademark of Merck & Co.
Merrem IV® is a registered trademark of AstraZeneca Pharmaceuticals, LP.
1 Dataview thru October 2011 © IMS HEALTH

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