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Forest Laboratories Inc. (FRX)

-NYSE

37.92 Down 0.06(0.16%) 4:01PM EDT|After Hours : 37.92 0.00 (0.00%) 4:25PM EDT

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Forest Laboratories Inc.
909 Third Avenue
New York, NY 10022-4731
United States - Map
Phone: 212-421-7850
Fax: 212-750-9152
Website: http://www.frx.com

Details 
Index Membership:N/A
Sector:Healthcare
Industry:Drug Manufacturers - Other
Full Time Employees:N/A

Business Summary 

Forest Laboratories, Inc. develops, manufactures, and sells branded forms of ethical drug products primarily in the United States and Europe. It principally offers Namenda for the treatment of moderate and severe Alzheimer's disease; Bystolic for the treatment of hypertension; Savella for the management of fibromyalgia; Teflaro for the treatment of adults with skin and skin structure infections, and community-acquired bacterial pneumonia; Daliresp to reduce the risk of chronic obstructive pulmonary disease (COPD) exacerbations in patients with severe COPD; and Viibryd for the treatment of adults with major depressive disorder (MDD). The company has products under new drug application review by Food and Drug Administration comprising Aclidinium for the maintenance treatment of COPD; and Linaclotide for the treatment of constipation-predominant irritable bowel syndrome and chronic constipation. It also develops ceftaroline/avibactam combination, which is under Phase III clinical trials for complicated intra-abdominal infections, as well as has completed Phase II clinical trials for complicated urinary tract infections; and Cariprazine that is in Phase III clinical trials for the treatment of acute exacerbation of schizophrenia and acute mania associated with bipolar disorder. In addition, the company develops Levomilnacipran, which is under Phase III clinical trials for the treatment of MDD; GRT 6005 that is under Phase II clinical trials for nociceptive and neuropathic pain; TTP399, which is under Phase II clinical trials for the treatment of Type II diabetes; and RGH-618 that is under Phase I clinical trials for the treatment of anxiety, depression, and other central nervous system conditions. Forest Laboratories, Inc. sells its products directly to physicians, pharmacies, hospitals, managed care, and other healthcare organizations, as well as through independent distributors. The company was founded in 1956 and is headquartered in New York, New York.

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Corporate Governance 
Forest Laboratories Inc.’s ISS Governance QuickScore as of May 1, 2013 is 3. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 4; Compensation: 4.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Howard Solomon , 85
Chairman, Chief Exec. Officer and Pres
2.50M0.00
Mr. Francis I. Perier Jr., 53
Chief Financial Officer, Exec. VP of Fin. & Admin. and Member of Disclosure, Legal Compliance & Risk Management Committee
1.05M0.00
Ms. Elaine Hochberg , 56
Chief Commercial Officer, Exec. VP of Marketing and Member of Disclosure, Legal Compliance & Risk Management Committee
1.13M0.00
Mr. David Solomon ,
Sr. VP of Corp. Devel. & Strategic Planning
736.00K0.00
Dr. Marco Taglietti M.D., 53
Sr. VP of R&D, Member of Disclosure, Legal Compliance & Risk Management Committee and Pres of Forest Research Institute (FRI)
937.00K0.00
Amounts are as of Dec 30, 2012 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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