Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers N > Headlines for Nostrum Pharmaceuticals, Inc. > News item |
Synovics gets ownership of Nostrum abbreviated New Drug Application
By Elaine Rigoli
Tampa, Fla., May 17 - Synovics Pharmaceuticals, Inc. announced that its generic drug development and marketing subsidiary, Synovics Laboratories, Inc., has obtained ownership of an abbreviated New Drug Application (aNDA) filed with the Food and Drug Administration for an extended-release 500 mg dosage of Metformin.
The move was part of an aNDA transfer and licensing agreement with Nostrum Pharmaceuticals, Inc.
Located in Phoenix, Synovics develops oral controlled-release generic drugs.
Nostrum is a specialty pharmaceutical company engaged in the development and commercialization of generic drugs and is located in Edison, N.J.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.