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Fresenius Fearlessly Acquires Sole Supplier Of Heparin in U.S.

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Each week, "The Pink Sheet" presents commentary on some of the week's most interesting business deals, contributed by the editors of the In Vivo blog. Visit the blog at 1http://invivoblog.blogspot.com/.

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APP heparin manufacturing facility approved

APP Pharmaceuticals announces Aug. 18 that FDA approved a facility in Barceloneta, Puerto Rico for the manufacture of three product codes of Heparin Sodium Injection. Currently the sole supplier of heparin in the U.S. in the wake of Baxter's heparin contamination fiasco, APP said approval of the third manufacturing facility will free up its other facilities to fulfill outstanding orders. The German health care products and services company Fresenius announced last month a $4.6 billion acquisition of APP - a buyout price that could increase if APP profits are higher than projected (1"The Pink Sheet," July 14, 2008, p. 17)

APP heparin manufacturing facility approved

APP Pharmaceuticals announces Aug. 18 that FDA approved a facility in Barceloneta, Puerto Rico for the manufacture of three product codes of Heparin Sodium Injection. Currently the sole supplier of heparin in the U.S. in the wake of Baxter's heparin contamination fiasco, APP said approval of the third manufacturing facility will free up its other facilities to fulfill outstanding orders. The German health care products and services company Fresenius announced last month a $4.6 billion acquisition of APP - a buyout price that could increase if APP profits are higher than projected (1"The Pink Sheet," July 14, 2008, p. 17)

Injectafer Rejected For First-Line Use; Promising For Second-Line, Panel Says

Luitpold's Injectafer should be reserved for second-line use for treatment of iron deficiency anemia in postpartum patients and those with heavy uterine bleeding, FDA's Drug Safety and Risk Management Advisory Committee recommended Feb. 1

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