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Home > Drug Companies > Duramed Pharmaceuticals, Inc.
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Duramed Pharmaceuticals, Inc.
Duramed Pharmacueticals, Inc. was established as subsidiaries of Barr Pharmaceuticals. The action enabled the company to take full advantage of Delaware corporate law and created a corporate structure more optimally aligned for future growth. It develops, manufacture and market generic and proprietary pharmaceutical products, respectively. The Company’s generic products are marketed under the Barr label, and proprietary products are marketed under the Duramed label.
Duramed Pharmaceuticals, Inc. is founded in 1970 in New York. It was one of the first generic pharmaceutical companies in the United States. In 1972, the Company launched its first generic product and was one of the earliest producers of antibiotic products. However, the growth of the Company, and the generic pharmaceutical industry as it is known today, did not begin in earnest until more than a decade later. The milestone that is acknowledged as the start of the modern generic pharmaceutical industry was the Drug Price Competition and Patent.
Business Strategies, as a leading specialty pharmaceutical company, they focuses its resources on three principal strategies that developing and marketing selected generic pharmaceuticals, developing and marketing proprietary pharmaceuticals and pursuing development and marketing of biopharmaceuticals.
The people of the company are focused on developing, manufacturing and marketing quality generic and proprietary pharmaceuticals in specific therapeutic categories that generate sustainable profitability. Their confidence in their ability to achieve success is based on the skill and dedication of their employees and their commitment to excellence in science, manufacturing and customer satisfaction.
They focus is on meeting significant unmet medical needs and helping people live fuller and more satisfying lives. Through groundbreaking science and comprehensive patient support systems, it offers patients a continuum of products and services. They are committed to enhancing the patient experience by providing the necessary resources and information and partnering with patients throughout their treatment.
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