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ANI Announces Launch of Polyethylene Glycol 3350, 17g/Packet
BAUDETTE, Minn., March 26, 2020 /PRNewswire/ -- ANI Pharmaceuticals, Inc. ("ANI") (Nasdaq: ANIP) today announced the launch of Polyethylene Glycol 3350,
About this update from Ani Pharmaceuticals, Inc.
[{"type":"text","content":"BAUDETTE, Minn., March 26, 2020 /PRNewswire/ -- ANI Pharmaceuticals, Inc. (\"ANI\") (Nasdaq: ANIP) today announced the launch of Polyethylene Glycol 3350, 17g/Packet (PEG-3350). The current annual market for this over the counter (OTC) product is approximately $21 million, according to IQVIA. This launch represents ANI's fourth new drug introduction in 2020. \nAbout Polyethylene Glycol 3350, 17g/Packet \nPolyethylene Glycol 3350 is indicated for the treatment of occasional constipation. For more information, including Uses, Warnings and Directions, please refer to the product's Drug Facts. \nAbout ANI \nANI Pharmaceuticals, Inc. (the \"Company\" or \"ANI\") is an integrated specialty pharmaceutical company developing, manufacturing, and marketing branded and generic prescription pharmaceuticals. The Company's targeted areas of product development currently include narcotics, oncolytics (anti-cancers), hormones and steroids, and complex formulations involving extended release and combination products. For more information, please visit our website www.anipharmaceuticals.com. \nForward-Looking Statements \nTo the extent any statements made in this release deal with information that is not historical, these are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about price increases, the Company's future operations, products, financial position, operating results and prospects , the Company's pipeline or potential markets therefor, and other statements that are not historical in nature, particularly those that utilize terminology such as \"anticipates,\" \"will,\" \"expects,\" \"plans,\" \"potential,\" \"future,\" \"believes,\" \"intends,\" \"continue,\" other words of similar meaning, derivations of such words and the use of future dates. \nUncertainties and risks may cause the Company's actual results to be materially different than those expressed in or implied by such forward-looking statements. Uncertainties and risks include, but are not limited to, the risk that the Company may face with respect to importing raw materials; increased competition; acquisitions; contract manufacturing arrangements; delays or failure in obtaining product approval from the U.S. Food and Drug Administration; general business and economic...