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Ivax Pharmaceuticals, Inc.
A drug manufacturer is a business entity engaged in making, assembling, processing or modifying devices, or mixing, producing or preparing drugs in dosage forms by encapsulating, entableting or other process, or packaging, repackaging or otherwise changing the container, wrapper or label of any package containing a drug or device in furtherance of the distribution of the drug or device from the original place of manufacture to the person who makes final delivery or sale to the ultimate consumer.
IVAX Pharmaceuticals headquartered in Miami, Florida, develops, manufactures, and markets brand equivalent generic pharmaceutical products, which are sold to wholesalers, retail drug chains, retail pharmacies, hospital groups, nursing home providers, and government agencies in the United States.
The Company is a subsidiary of Miami based IVAX Corporation, which is engaged in the research; development, manufacture, and marketing of branded and brand equivalent pharmaceuticals worldwide. They are one of the premier brand equivalent drug companies in the U.S, with an estimated 6percent of the domestic market.
The Company offers a balanced product portfolio featuring specialty generics and a broad range of other brand equivalent products that meet the needs of its customers. Under the IVAX Pharmaceuticals and Goldline trade names, IVAX Pharmaceuticals manufactures and markets approximately 50 brand equivalent prescription drugs in capsule or tablet forms in an aggregate of approximately 120 dosage strengths. Also, IVAX Pharmaceuticals manufactures nutritional and over the counter softgel products in an FDA approved facility.
The Vision of IVAX Pharmaceuticals is to be an international, world class health care company specializing in generic pharmaceuticals with net revenue of $1 Billion by 2005.The Mission of IVAX Pharmaceuticals is to maximize shareholder value and customer satisfaction by maintaining a customer driven culture, Delivering high quality, low cost products and value-added services, Providing a rewarding and challenging environment to attract and retain highly skilled individuals, Being first to market with new generic products, Integrating efficient business processes, practices and standards, Forming long term business partnerships and alliances.
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