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Hi-Tech Pharmacal Co., Inc. Message Board

  • merklekranz merklekranz Mar 3, 2013 5:00 PM Flag

    Barrons article of interest .....

    The Barrons article mentions that the FDA will be taking a close look at manufacturing practices of foreign generic companies. I found this in the TEVA headlines. - MERK

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    • This cuts all ways. On the good side, flonase is supplied by 3 generic companies (plus hitk), one is produced in Canada (I believe), and there was a problem a couple of years ago that resulted in a price jump and an opening for hitk - I think they ( the Canadian company), won't do this to themselves again. Another competitor is from India, but they are an American subsidiary and produce it here (I think Illinois).

      Hitk has a product it is importing from France, although it has been a difficult row - this may make it harder.

      Maybe Hitk has other competitors that might be hurt on other products. But they can't have as much of an effect as a boost for flonase.

      This shouldn't act as a distraction from what this company needs to do - produce good products, get products approved by the fda, and sell them.

 
HITK
43.49-0.01(-0.02%)Apr 16 4:00 PMEDT

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