Heritage Pharmaceuticals

From WikiMD's medical encyclopedia

Heritage Pharmaceuticals is a generic pharmaceutical company based in the United States. The company specializes in the acquisition, licensing, development, and marketing of prescription pharmaceutical products in the global marketplace.

History

Heritage Pharmaceuticals was established in 2006. The company's primary focus is on the pharmaceutical and healthcare sectors, with a commitment to providing high-quality, affordable medicines to patients.

Products

Heritage Pharmaceuticals offers a diverse portfolio of products that span a wide range of therapeutic areas, including cardiology, gastroenterology, neurology, and oncology. The company's product line includes both brand-name and generic medications.

Business Model

Heritage Pharmaceuticals operates on a business model that involves the acquisition and licensing of pharmaceutical products, as well as the development and marketing of these products. The company's strategy is to leverage its expertise in the generic pharmaceutical market to provide cost-effective solutions for patients.

Regulatory Compliance

Heritage Pharmaceuticals is committed to maintaining the highest standards of regulatory compliance. The company adheres to all relevant FDA regulations and guidelines, and ensures that its products meet the stringent quality standards set by the pharmaceutical industry.

Controversies

In 2016, two former executives of Heritage Pharmaceuticals were charged with price fixing, bid rigging, and customer allocation for certain generic drugs. The company has since taken steps to improve its corporate governance and compliance programs.

See Also

References

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