Depomed
Public company | |
Traded as | NASDAQ: DEPO |
Industry | Pharmaceutical Industry |
Founded | 1995[1] |
Headquarters | Newark, California |
Products | Pharmaceutics |
Website |
www |
Depomed, Inc. is an international pharmaceutical company, which mainly develops products for treatment in neurology, pain and diseases of the central nervous system.[2] The company is a publicly traded company on NASDAQ under the symbol "DEPO", with several products approved and recognized by the U.S. Food and Drug Administration (FDA).
Products
The company's products include Glumetza, Gralise, Serada and DM-1992, which mainly focus on neurology and central nervous system diseases.[3]
For postherpetic neuralgia
In Jan 2011, the company's product, Gralise (gabapentin) was approved by the US FDA for the treatment of postherpetic neuralgia, which was the 3rd approval of FDA for Depomed products.[4] The drug has also received Orphan Drug designation from the FDA.
For diabetes and others
The company's another treatment, the metformin hydrochloride extended release tablets Glumetza, was also approved for treatment with diabetes type II in adults, and is mainly sold in the US.[5]
Corporate affairs
Acquisition
In June 2012, all rights to Zipsor Liquid Filled Capsules was acquired by Depomed, Inc. from Xanodyne Pharmaceuticals, Inc., the revenue of the latter was approximately $19 million as within the twelve months from Jun 2011 to May 2012.[6]
Lawsuits
In March 2012, the company filed a patent infringement lawsuit against three companies that had filed Abbreviated New Drug Applications with the US FDA, claiming infringement of Depomed's six US patents listed for Gralise in the FDA's Orange Book.[7]
References
- ↑ "DEPO Profile – Depomed, Inc. Stock - Yahoo! Finance". finance.yahoo.com. Retrieved 2014-02-08.
- ↑ "Depomed Inc". Retrieved Jan 29, 2014.
- ↑ "Depomed Inc: NASDAQ:DEPO quotes & news - Google Finance". google.com. Retrieved 2014-02-05.
- ↑ "Depomed - Investor Relations - Press Release". investor.depomedinc.com. Retrieved 2014-02-05.
- ↑ "Depomed Inc (DEPO.O) Company Profile | Reuters.com". reuters.com. Retrieved 2014-02-05.
- ↑ "Depomed Announces Acquisition Of Zipsor® (diclofenac potassium) From Xanodyne Pharmaceuticals, Inc. -- MENLO PARK, Calif., June 21, 2012 /PRNewswire/ --". prnewswire.com. Retrieved 2014-02-05.
- ↑ "Depomed Files Patent Infringement Lawsuit Against Gralise(R) ANDA Filers".