Categories
articles

MEDPOINTE ACQUIRES OPTIVAR®, FAST-GROWING RX TREATMENT FOR ITCHY EYES IN ALLERGIC CONJUNCTIVITIS

Purchase Strengthens MedPointe’s Allergy Franchise, Leverages Its Sales Force

Somerset, NJ – April 29, 2003 – MedPointe Inc. announced that it has completed the acquisition of all U.S. and Canadian rights to Optivar® (azelastine hydrochloride), a prescription-only treatment for itching of the eye associated with allergic conjunctivitis in adults and children ages three and older. Comprised of the same active ingredient, Optiva® is complementary to MedPointe’s flagship product, Astelin®, and a significant addition to the Company’s growing allergy/respiratory franchise.

Optivar® will be detailed in a co-primary position with Astelin® by MedPointe’s 304-territory U.S. sales force and promoted to more than 50,000 primary care physicians, allergists and ear, nose and throat specialists. In connection with the acquisition, MedPointe assumed a co-promotion agreement with Bausch & Lomb, which will continue to co-promote the product to the ophthalmic/eye care community. Launched in 2000 with exclusivity until 2010, Optivar® generated net sales in 2002 of $13 million and is experiencing year-over-year annual prescription growth in excess of 30 percent.

“We are extremely pleased to announce this strategically important acquisition for MedPointe,” said Anthony H. Wild, Ph.D., MedPointe’s Chairman and Chief Executive Officer. “Optivar is a young product with strong growth prospects that extends our presence in the allergy category and provides our sales force with another high-growth niche product to promote just as the allergy season is upon us. We have pursued this acquisition for a number of months, and its successful completion reaffirms our commitment to building a substantial specialty pharmaceuticals company.”

Allergic conjunctivitis is the most common ocular allergy, affecting 25 percent of the general population and 60 percent of people with nasal allergies, according to the American Academy of Allergy, Asthma and Immunology (AAAAI). The symptoms of allergic conjunctivitis – itching, burning and redness of the eyes – are highly seasonal and are triggered by the action of histamines in response to airborne allergens such as pollen, mold and dust. While sufferers would benefit from a prescribed treatment, few seek a physician’s care and most self-medicate with over-the-counter drugs. The US market for ocular allergy treatments is estimated at approximately $280 million.

Under the terms of the sale, MedPointe acquired Optivar®, including all commercial and intellectual property rights in the United States and Canada, from Viatris, Inc., Viatris GmbH & Co. KG, and Muro Pharmaceuticals, Inc. The purchase price was not disclosed.

MedPointe Inc. is a privately held specialty pharmaceutical company located at 265 Davidson Avenue, Suite 300, Somerset, New Jersey, 08873-4120; 732-564-2200. MedPointe specializes in respiratory, allergy, central nervous system, cough/cold and pediatric products. The company maintains a manufacturing facility in Decatur, Ill. For more information on MedPointe, visit www.medpointepharma.com.

For further information, contact:

John Hawkins
Executive Vice President
MedPointe, Inc.
732-564-2233
[email protected]
www.medpointepharma.com

Categories
articles Uncategorized

MedPointe Philosophy

MedPointe strives to be a progressive company that adopts best practices in all that it does, from the development of new formulations and products to the harnessing of new manufacturing and information technologies to the hiring and professional development of its colleagues. In all of these endeavors, we maintain the highest ethical principles throughout all functions and levels of our organization.The spirit of our company can best be described as a passion for performance and people. Our passion for performance means we will:

  • Strive for success in everything we do
  • Seek to meet and exceed challenging, measurable benchmarks
  • Monitor our performance and seek opportunities for improvement
  • Prize openness, transparency, speed, agility and creativity in our work
  • Value innovation
  • Be willing to take risks
  • Guard against acting with a “bureaucratic” mindset

In our passion for people, we are dedicated to identifying, recruiting and developing a world-class team of colleagues, which means:

  • Investing the time and resources in our people to help them succeed
  • Offering opportunities for advancement
  • Treating our colleagues fairly, openly and with transparency and respect
  • Managing conflict constructively and creatively

MedPointe is a progressive company looking for outstanding individuals. If you are interested in joining the MedPointe team, we look forward to hearing from you. We invite you to visit our Job Opportunities page for a list of current openings.

Categories
articles

MedPointe – Management 10

Mission Management Partnerships Sales & Marketing
  Investors
Board of Directors
Compliance
Management  
 

Beth P. Hecht

Executive Vice President, General Counsel and Secretary

Beth P. Hecht, Executive Vice President, General Counsel and Secretary of MedPointe, has more than 15 years of legal and corporate experience with pharmaceutical and high technology clients in the areas of mergers, acquisitions, divestitures, commercial transactions, litigation management, intellectual property counseling and securities reporting and compliance. Prior to joining MedPointe, Beth was Senior Vice President, General Counsel and Secretary of Warner Chilcott plc, a NASDAQ-traded multinational pharmaceutical company. Prior to that, she served as Vice President, General Counsel and Secretary of ChiRex, Inc., a NASDAQ-traded international specialty pharmaceutical ingredient and chemical manufacturer, and as Corporate Counsel and Secretary of Alpharma, Inc., an NYSE multinational pharmaceutical company. Beth began her legal career as an attorney at the New York offices of the national law firms Willkie, Farr & Gallagher and Kirkland & Ellis.

Ms. Hecht holds a B.A. degree (summa cum laude) from Amherst College and a J.D. degree (cum laude) from Harvard Law School.

 
 
Categories
articles

MedPointe – Management 9

Mission Management Partnerships Sales & Marketing
  Investors
Board of Directors
Compliance
Management  
 

Paul R. Edick

President & Chief Executive Officer; Board Director

As President and Chief Executive Officer of MedPointe Pharmaceuticals, Paul Edick has assembled over the last twenty-eight years an outstanding track record of success in leading pharmaceutical organizations.

Mr. Edick joined MedPointe in 2002 as President of its Wallace Pharmaceuticals division. Shortly thereafter, he was named MedPointe President. Between 1994 and 2002, in a series of positions at G. D. Searle and its acquirer, Pharmacia Corporation, he led Searle’s US managed care organization (1994-95), its US marketing organization (1995-96), and its Global Pain & Inflammation Business – including the development of the launch strategy for Celebrex� (1996-97). In 1998, he assumed his first international leadership role, as he was named Searle’s VP-Canada & Latin America. A year later, he became President of Asia Pacific, Canada & Latin America. In 2000, upon Pharmacia’s acquisition of Searle, Mr. Edick was named Group Vice President and President, Asia Pacific/Latin America at Pharmacia.

His early career was focused on building basic skills in consumer products and prescription pharmaceuticals sales and marketing. He began his career as a Sales Representative at Procter & Gamble (1977-1978) and then joined Ortho Pharmaceutical, a division of Johnson & Johnson (1978-1990), where he became a US Regional Sales Manager in 1988. His first general management role was with Caremark, the former homecare services division of Baxter Healthcare (1990-1991). He further broadened his pharmaceutical marketing experience, domestically and internationally, with a Vice President, Group Account Management role at pharmaceutical ad agency, Hamilton Carver & Lee (1991-1994).

Mr. Edick serves on the Board of Directors of Informed Medical Communications, a leading communications company that delivers integrated biotechnology and pharmaceutical marketing programs for targeted and active groups of patients and medical professionals. He is also a Trustee of the Healthcare Institute of New Jersey,

Mr. Edick is a native of upstate New York and a graduate of Hamilton College.

 
 
Categories
articles

MedPointe – Compliance

Mission Management Partnerships Sales & Marketing
  Investors
Board of Directors
Compliance
Compliance  
 

Annual Declaration of Compliance for Fiscal Year 2005

MedPointe Pharmaceuticals, MedPointe Healthcare Inc., declares to the best of its knowledge and based upon a good faith understanding of the statutory requirements, that it has established a Comprehensive Compliance Program that meets the requirements of the California Health and Safety Code, sections 119400-119402. As of December 31, 2005, MedPointe declares that it is, in all material respects, in compliance with its Compliance Program and the California Health and Safety Code, sections 119400-119402. As its compliance program is specific to the MedPointe business and, as the concept of compliance continues to evolve, MedPointe will review its program at least annually. Through this review, MedPointe will continue its efforts to address the issues raised by the California law and to enhance the effectiveness of the program as needed to maintain a program that is reasonably designed to prevent or to detect and address violations of law or company policy.

 
 
Categories
articles

Meda Pharmaceuticals – Contact Us

Meda Pharmaceuticals is headquartered in Somerset, New Jersey.

Meda Pharmaceuticals

265 Davidson Ave.

Somerset, NJ 08873-4120

(732) 564-2200

Click here for map and directions

Meda Pharmaceuticals also maintains an office in Marietta, Georgia.

Meda Pharmaceuticals

200 North Cobb Parkway

Bldg. 400, Suite 428

Marietta, GA 30062

(678) 589-7000

Click here for a map

Meda Pharmaceuticals also maintains a manufacturing facility in Decatur, Illinois.

Meda Pharmaceuticals

705 E. Eldorado Street

Decatur, IL 62523-1125

(217) 424-8400

Click here for a map

Meda Pharmaceuticals also maintains a manufacturing facility in Lakewood, New Jersey.

Meda Pharmaceuticals

745 Airport Road

Lakewood, NJ 08701

(732) 942-4700

Click here for a map

Click here to search our job opportunities.

Contact us by email at [email protected]

Categories
articles

MedPointe Pharmaceuticals: Cold & Cough Relief Products 7

MedPointe Pharmaceutcials


    Home   Hot Topics   Symptom Chart   Prescribing Information   Safety/Indications

What Is a Cold?

The common cold is caused by any one of more than 200 viruses that infect the upper respiratory system. These viruses affect the mucous membranes of the nose and throat and cause a variety of symptoms, such as:

  • Nasal congestion
  • Sneezing
  • Sore throat
  • Runny nose
  • Headache
  • Watery eyes
  • Coughing
  • Sinus inflammation and congestion
  • Slight fever
Next »  
Categories
articles

MedPointe – Management 11

Mission Management Partnerships Sales & Marketing
  Investors
Board of Directors
Compliance
Management  
 

Christopher Maltese

Senior Vice President
Business Information and Analytics

Christopher Maltese, Senior Vice President, Business Information and Analytics, has over twenty years of experience in leading teams within the finance, business development, information systems and market research areas. Over fifteen of those years are in the specialty pharmaceutical arena.
Mr. Maltese began his career in auditing for Litton Industries, Inc., a leading defense contractor. From 1986-1989, he worked as an internal auditor, moving in 1988 to the Airtron division working in product costing and pricing for the electronic warfare group.

In 1989, Mr. Maltese joined Carter-Wallace Inc. in the Wallace Pharmaceutical Division where he held many positions within the organization. During his tenure at Wallace Pharmaceutical, he held several senior positions within the finance, market research and business development groups. In 2001, Mr. Maltese joined MedPointe as the Senior Director of Market Analysis when it acquired Carter-Wallace. Mr. Maltese was promoted to Vice President – Business Analytics in 2002 and in early 2005 to his current position.

He plays a key leadership role in the Company’s business information (IT), business development, analytics and market research activities.

  • Information Technology group – SAP enterprise systems, information infrastructure, communication systems
  • Sales Systems – sales force automation systems and sample monitoring and analysis
  • Sales Analysis – sales force design, territory mapping incentive compensation plans and processing
  • Market Research – productions and analysis of primary and secondary data in support of MedPointe’s marketed brands and potential business development deals

Chris received his BS in accounting from Rider University. He is a Certified Public Accountant licensed in NJ.

 
 
Categories
articles

MedPointe – Board Of Directors

Mission Management Partnerships Sales & Marketing
  Investors
Board of Directors
Compliance
Board Of Directors  
 
Anthony H. Wild, Ph.D.
Non-Executive Chairman

As Non-Executive Chairman of MedPointe, Tony Wild brings a wealth of experience gained in a global career of 30 years in the pharmaceutical industry. Until the merger of Warner-Lambert with Pfizer in June 2000, he served as Executive Vice President of Warner-Lambert and President of its Pharmaceutical Sector, with worldwide responsibility for Warner-Lambert’s pharmaceutical commercial operations and research and development. Under Tony’s leadership, Warner-Lambert’s pharmaceutical business grew from $2.1 billion in sales with 14,000 employees in 199

Categories
articles

MedPointe – Management 5

Mission Management Partnerships Sales & Marketing
Investors Board of Directors
Management  
 

Anthony H. Wild, PhD

Chairman and CEO

Anthony H. Wild, Ph.D., is Chairman and CEO of MedPointe. He brings a wealth of experience gained in a global career of 30 years in the pharmaceutical industry.

Prior to joining MedPointe, Tony served as Executive Vice President of Warner-Lambert and President of its Pharmaceutical Sector (until the merger with Pfizer in June 2000), with worldwide responsibility for Warner-Lambert’s pharmaceutical commercial operations and research and development. Under his leadership, Warner-Lambert’s pharmaceutical business grew from $2.1 billion in sales with 14,000 employees in 1995 to an estimated $9.5 billion in 2000 with 21,000 employees and a $1.3 billion R&D budget. During this period, Tony oversaw a number of acquisitions including those of Jouveinal (France), Hickson (Eire) and Agouron (La Jolla), the setting up of the US joint-venture with Sankyo and that of the Pfizer global LIPITOR partnership.

Prior to joining Warner-Lambert in 1995 (initially as President of Parke-Davis North America before assuming global responsibilities in 1996), Tony spent 22 years with Schering-Plough Corporation in Switzerland, Sweden, South Africa, the Netherlands, United States, and culminating as President of Schering-Plough’s Japanese operations, a $500 million business, including a complex web of licensee/ licensor partnerships with major Japanese companies. Prior to that, he was employed at Sandoz AG in Basel, Switzerland, as a Development Chemist, where he worked on optimization and simulation of chemical processes.

Dr. Wild is a member of the Board of Advisors to the Joseph L. Mailman School of Public Health at Columbia University, a Trustee of the Healthcare Institute of New Jersey, past Chairman of the International Section of Pharmaceutical Research and Manufacturers of America, and past Governor of the American Chamber of Commerce in Japan.

Dr. Wild graduated from the University of York with a B.A. honors degree in Chemistry and received a Ph.D. in Physical Chemistry from the University of Cambridge (Churchill College), both in the U.K.