Pink Sheet is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

ABBOTT's ADD-VANTAGE I V. DRUG DELIVERY SYSTEM APPROVED BY FDA

Executive Summary

ABBOTT's ADD-VANTAGE I V. DRUG DELIVERY SYSTEM APPROVED BY FDA on Sept. 11, the company announced in a same-day press release, which noted that three Lilly antibiotics -- - Keflin, Kefzol and Mandol -- - are the first drug products approved for use with the system. "More than 40 additional drugs, manufactured by a number of different companies will be reviewed by FDA for approval to become part of the Add-Vantage system," Abbott said. Other companies that have agreed to use the Add-Vantage system are Burroughs-Wellcome, Beecham, Miles, Hoechst-Roussel, Roche, Upjohn, Wyeth, Bristol, and Lederle. Abbott also indicated its hospital products and pharmaceuticals divisions will offer their I.V. drugs in the system. Abbott said that it intends to begin distribution of Add-Vantage in the U.S. immediately and that the price for the Add-Vantage I.V. container is comparable with its other I.V. containers. In June 1984 Abbott first announced that it would market Add-Vantage, which consists of two components -- - a Mexible plastic I.V. container partially filled with a filuent and a glass vial containing either a powdered or liquid drug. The standardized vials, which are filled by the drug mfr., are covered with a plastic overwrap that is compatable with the I.V. containers, Abbott explained. Because the two components will usually be manufactured at different sites, hospitals will be required to order and match supplies from Abbott and drug mfrs. With the Add-Vantage system, antibiotics and other drugs with a limited shelf life do not have to be mixed until just prior to the time they are administered to a patient, the release notes. "Add-Vantage will enable hospitals to reduce drug waste, often caused by canceled or changed Rxs, and enable the pharmacy to conserve labor, reduce costs and standardize on one system for preparing I.V. drugs."

You may also be interested in...



Part D Discount Liability Coming Into Focus: CMS Releases Drug Cost Data

Newly released Medicare Part D data sheds light on the sales hit that branded pharmaceutical manufacturers will face when the coverage gap discount program gets under way in 2011

FDA Skin Infections Guidance Spurs Debate On Endpoint Relevance

FDA appears headed for a showdown with clinicians and the pharmaceutical industry over the proposed new clinical trial endpoints for acute bacterial skin and skin structure infections, the guidance's approach for justifying a non-inferiority margin and proposed changes in the types of patients that should be enrolled in trials

Shire Hopes To Sow Future Deals With $50M Venture Fund

Specialty drug maker Shire has quietly begun scouting deals with a brand-new $50 million venture fund, the latest of several in-house investment arms to launch with their parent company's pipelines, not profits, as the measure of their worth

UsernamePublicRestriction

Register

ID1132542

Ask The Analyst

Ask the Analyst is free for subscribers.  Submit your question and one of our analysts will be in touch.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel