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Executive Summary

Company is "anticipating approval shortly" of its ANDA for a sustained release verapimil (Wyeth-Ayerst/Lederle's Verelan), Chairman Phillip Frost, MD, tells the Furman Selz meeting. The company also filed for three dosages of sustained release diltiazem (Marion Merrell Dow's Cardizem SR) at the beginning of 1991. Ivax announces $39.5 mil. (stock) agreement to purchase Waverley Pharmaceutical, a producer of plastic sterile pharmaceutical containers located in Runcorn, England....

Company is "anticipating approval shortly" of its ANDA for a sustained release verapimil (Wyeth-Ayerst/Lederle's Verelan), Chairman Phillip Frost, MD, tells the Furman Selz meeting. The company also filed for three dosages of sustained release diltiazem (Marion Merrell Dow's Cardizem SR) at the beginning of 1991. Ivax announces $39.5 mil. (stock) agreement to purchase Waverley Pharmaceutical, a producer of plastic sterile pharmaceutical containers located in Runcorn, England....
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