128:. Ovation already owned Indocin IV, the only other drug used for this condition. Upon acquiring the only competitor for Indocin IV, Ovation raised the price of both drugs by 1,300 percent, from $ 36 per vial to nearly $ 500 per vial. The dramatic price increase was the subject of a 2008 Congressional hearing. In 2010, a district court judge ruled that the FTC had not proved its case.
379:
38:. Ovation is a privately held corporation based on a business model of acquiring mature but under-promoted pharmaceuticals, as well as pharmaceutical candidates which are far along the development and
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124:
In 2008, the
Federal Trade Commission sued Ovation in Minnesota federal district court over its 2006 acquisition of NeoProfen, a treatment for a congenital heart defect in newborns known as
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In March 2009, Lundbeck purchased
Ovation for $ 600 million in cash, with further payments of up to $ 300 million based on regulatory approvals for
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240:"FTC Sues Ovation Pharmaceuticals for Illegally Acquiring Drug Used to Treat Premature Babies with Life-Threatening Heart Condition"
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Press release: Ovation
Pharmaceuticals Acquires Mebaral(R), Chemet(R), and Winstrol(R) From Sanofi-Synthelabo Inc.
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certification processes. Since 2009, the company has been wholly owned by the Danish pharmaceutical company
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The company particularly focuses on niche drugs for small patient populations. Products include the
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In 2007, Ovation
Pharmaceuticals was a recipient of the 2007 Chicago Innovation Awards.
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172:"Jeff Aronin of Marathon Pharmaceuticals on life after a $ 900M exit"
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266:"FTC Alleges Price Gouging, Illegal Monopoly for Baby Medicines"
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215:"Denmark's Lundbeck to Buy Ovation Pharmaceuticals"
116:(Sabril), which was under development at the time.
299:"Martin Shkreli's Arrest Gives Drug Makers Cover"
146:"OVATION Pharmaceuticals Honored for Innovation"
22:is an American manufacturer and distributor of
1157:Pharmaceutical companies of the United States
389:Pharmaceutical companies of the United States
373:
8:
1162:Pharmaceutical companies established in 2000
774:
380:
366:
358:
325:"The FTC Loses in Ovation Pharmaceuticals"
213:Rockoff, Johnathan D. (February 9, 2009).
1177:Health care companies based in Illinois
137:
1167:Companies based in Deerfield, Illinois
244:Federal Trade Commission press release
73:, an anticonvulsant that inhibits the
34:. A major office is also located near
297:Pollack, Andrew (December 17, 2015).
7:
26:products. It was founded in 2000 by
16:American pharmaceutical manufacturer
667:Pharmaceutical Product Development
323:Wright, Josh (September 2, 2010).
14:
1136:List of pharmaceutical companies
353:Ovation Pharmaceuticals Web site
1172:2000 establishments in Illinois
1:
543:Institute for OneWorld Health
170:Graham, Meg (July 13, 2015).
762:West Pharmaceutical Services
200:PRnewswire. 7 August 2003.
1193:
568:McNeil Consumer Healthcare
1131:
1074:Smith, Kline & French
625:Northwest Biotherapeutics
610:Merrimack Pharmaceuticals
126:patent ductus arteriosus
30:and is headquartered in
219:The Wall Street Journal
107:Dimercaptosuccinic acid
20:Ovation Pharmaceuticals
999:Leiner Health Products
443:Amneal Pharmaceuticals
97:sold its interests in
553:Johnson & Johnson
85:and substance abuse.
81:and is indicated for
847:Jazz Pharmaceuticals
837:Horizon Therapeutics
707:Sarepta Therapeutics
682:Proteon Therapeutics
677:Procter & Gamble
590:Melinta Therapeutics
483:Bristol Myers Squibb
150:www.businesswire.com
69:hydrochloride), and
1054:Repros Therapeutics
969:Forest Laboratories
954:Cutter Laboratories
672:Prasco Laboratories
413:Acorda Therapeutics
403:Abbott Laboratories
329:Truth on the Market
270:The Washington Post
246:. December 16, 2008
103:Methylphenobarbital
36:Lebanon, New Jersey
32:Deerfield, Illinois
1014:Miles Laboratories
1004:Martek Biosciences
827:Endo International
747:Ventria Bioscience
513:Danco Laboratories
303:The New York Times
1144:
1143:
1127:
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959:DNAPrint Genomics
448:Avax Technologies
1184:
775:
722:Tec Laboratories
595:Melior Discovery
580:Kinetic Concepts
523:Galena Biopharma
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182:on 13 April 2020
178:. Archived from
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65:(brand name for
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615:Myriad Genetics
605:Merck & Co.
563:Janssen Biotech
533:Gilead Sciences
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347:External links
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272:. 2008-12-17.
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857:Mallinckrodt
742:Upsher-Smith
644:
573:Ortho-McNeil
332:. Retrieved
328:
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306:. Retrieved
302:
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281:. Retrieved
269:
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248:. Retrieved
243:
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218:
208:
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184:. Retrieved
180:the original
175:
165:
154:. Retrieved
152:. 2007-10-22
149:
140:
123:
111:
109:to Ovation.
92:
56:
48:
19:
18:
1049:Parke-Davis
732:Trevena Inc
600:Mentholatum
408:AbbVie Inc.
120:Controversy
1151:Categories
1109:ViroPharma
1009:Massengill
737:Ultragenyx
468:Bioverativ
283:2016-07-20
156:2020-04-16
132:References
114:vigabatrin
99:stanozolol
75:catabolism
71:vigabatrin
61:medicine,
1059:Qualitest
929:CancerVax
712:Sheffield
702:RespireRx
697:Regeneron
548:Intercept
528:Genentech
518:Eli Lilly
503:CytoSport
493:Ceragenix
278:0190-8286
93:In 2003,
89:Purchases
939:CoTherix
934:Cephalon
817:Covidien
807:Allergan
797:Alkermes
717:Spectrum
585:McKesson
478:Biovista
458:BioCryst
83:epilepsy
53:Products
44:Lundbeck
1094:Trubion
944:Covance
924:Bradley
873:, 2013)
871:Ireland
867:Perrigo
863:, 2013)
861:Ireland
853:, 2012)
851:Ireland
843:, 2014)
841:Ireland
833:, 2014)
831:Ireland
823:, 2007)
821:Ireland
813:, 2015)
811:Ireland
803:, 2011)
801:Ireland
793:, 2013)
791:Ireland
787:Actavis
757:Viatris
655:Hospira
645:Ovation
640:Organon
635:NovaBay
620:Moderna
558:Ethicon
488:Century
473:Biovest
433:Alnylam
428:Alexion
418:Advaxis
396:Current
63:Desoxyn
1119:Zonite
1099:Upjohn
1034:Nuvelo
1029:Nereus
1024:Naurex
949:Cubist
919:Biolex
904:Amylin
771:Former
752:Vertex
660:Searle
650:Pfizer
463:Biogen
453:Baxter
334:2 July
308:2 July
276:
250:2 July
224:2 July
186:2 July
105:, and
95:Sanofi
1114:Wyeth
1104:Verus
1084:Tanox
1064:Rib-X
1039:Ortho
1019:Mylan
974:Genta
909:ARIAD
887:Other
727:Titan
692:Quark
538:Ionis
508:CytRx
498:Combe
438:Amgen
423:Alcon
989:King
984:ISTA
964:Epix
914:Barr
894:Alza
336:2016
310:2016
274:ISSN
252:2016
226:2016
188:2016
79:GABA
59:ADHD
1089:TAP
1044:OSI
77:of
40:FDA
1153::
994:KV
327:.
301:.
268:.
242:.
217:.
174:.
148:.
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159:.
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