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JHP Pharmaceuticals Launches Generic
Division
PARSIPPANY, NJ June 07, 2012 -- JHP
Pharmaceuticals, a US-based, fully integrated
specialty pharmaceutical company, has launched JHP
GENERICS.The launch of JHP GENERICS is the result
of JHP’s focus on meeting customer needs for an
affordable and reliable supply of high quality
products. The generic division will leverage JHP’s
established infrastructure in development,
manufacturing, marketing and distribution, and will
concentrate on the acute care market, which has been
challenged by product shortages in recent years.
Stuart Hinchen, President and CEO of JHP Pharmaceuticals commented, “The
initial generic portfolio, which are all currently
available for purchase, has a range of products in a
variety of therapeutic areas including
Anesthesiology, Gastroenterology, Infectious Disease
and Women’s Healthcare, and totals 13 product SKU’s.
Additionally, we have a strong pipeline with several
new products launching throughout the course of 2013
and beyond. These products will contribute toward
addressing market shortages in acute care and
oncology segments.”
The introduction of JHP’s generic division is part of a strategy to
expand the business through the establishment of
additional growth platforms. Hinchen added, “JHP
already has a very successful arm marketing a range
of brand products and a growing Contract
Manufacturing business. We continue to actively
market our brand name products including Aplisol®,
Brevital® and Dantrium®. Further, we have made
investments over the past several years to expand
capacity in our cGMP-compliant, Rochester Michigan
facility, to support growth in JHP labeled products
and provide enhanced benefit to our expanding
Contract Manufacturing customer base. We are well
poised to support future growth, fueled by a robust
pipeline, and look forward to providing an
affordable and reliable supply of high quality
products through the formation of this new generic
division.”
About JHP Pharmaceuticals, LLC
JHP Pharmaceuticals, headquartered in New
Jersey, is a fully integrated specialty Pharmaceutical company that
acquires, develops, manufactures and sells sterile injectable products.
JHP’s sterile manufacturing facility, located in Rochester Michigan sits
on over 80 acres of land and includes a 171,000 sq. ft. production
building and warehouse. JHP employs more than 370 staff in the USA in
its manufacturing, product development, sales & marketing and corporate
areas. For more information, please visit
www.jhppharma.com.
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