Letters Of Intent Signed For Barr To Acquire Rights To Galen’s Loestrin(r) Oral Contraceptive Product

Barr Laboratories, Inc. and have announced that they have signed a letter of intent for Barr to acquire the exclusive rights in the United States and Canada for Loestrin(R) and Loestrin(R) FE oral contraceptive products.

The proposed transaction also would include a settlement of pending litigation between Barr and Galen regarding Galen’s femhrt(R) hormone therapy and Estrostep (R) oral contraceptive products that would allow Barr to launch generic versions of those products six months prior to patent expiry.

“These agreements would add a significant new product to Barr’s growing portfolio of oral contraceptive products,” said Bruce L. Downey, Barr’s Chairman and Chief Executive Officer. “It also would allow both parties to resolve pending patent litigation in a way that will ensure Barr can bring alternative femhrt(R) and Estrostep(R) products to market prior to patent expiration, which will benefit our female healthcare products consumers.”

Commenting on the announcement, Roger Boissonneault, Galen’s Chief Executive Officer said, “This is a good deal for both companies. We would exchange a non-core asset for significant value and for a fair resolution of outstanding patent issues. While we remain confident in the strength of the Estrostep(R) and femhrt(R) patents, this transaction would allow us to remove the uncertainties inherent in any litigation. In addition, the acquisition of a generic Ovcon(R), along with introduction of our Ovcon┬« line extension, will enable us to continue to grow this important asset.”

Under the terms of a separate letter of intent, Barr would grant Galen an option to acquire an exclusive license for Barr’s generic version of Galen’s Ovcon(R) 35 oral contraceptive.

Barr has a pending Abbreviated New Drug Application (ANDA) for the 0.4 mg norethindrone/35 mg ethinyl estradiol 21-day and 28-day generic Ovcon(R) products.These transactions are subject to negotiation of definitive agreements, completion of due diligence and other conditions, including Hart-Scott-Rodino antitrust review and final approval by the Boards of Directors of both Barr and Galen.

Barr and Galen expect to close the transaction by December 31, 2003.Under the terms of the letter of intent, Barr would acquire from Galen the exclusive rights to manufacture and market Loestrin (R) products in the United States and Canada.

Galen would grant Barr a non-exclusive license to launch a generic version of femhrt(R), six months prior to the expiration of the patent on femhrt(R). Galen would also grant Barr a non-exclusive license to launch a generic version of Estrostep(R), six months prior to the expiration of the patent on Estrostep(R). Finally, Barr would receive an exclusive royalty bearing license to develop certain oral contraceptives under a patent owned by Galen.

In consideration of these rights and assets, Barr would make a one-time payment to Galen of approximately $45 million.Under the terms of the exclusive option agreement, Barr would grant Galen an option to acquire an exclusive license under Barr’s ANDA for Ovcon(R) 35, which is currently pending at the U.S. Food & Drug Administration (FDA). Within 30 days of FDA approval of Barr’s ANDA for Ovcon(R), Galen would have the right to exercise its option.

If Galen chooses to exercise the option, it would be granted a five year exclusive license under Barr’s ANDA to sell the product.

At the end of the five-year term, Barr would grant Galen a non exclusive license to continue selling the product.

In consideration of this transaction, Galen would make a $1 million payment to Barr at the time of the grant of the option and a $19 million payment to Barr at the time the exclusive license agreement is signed.

Get Dragon Pharma Steroids

dragon-pharmaceutical
Generic drug giant Dragon Pharma is offering: https://www.1steroids.net/injectable-steroids-1162/masteron-200-21853.html.

Purchasing Dragon Pharmaceuticals Overseas

Masteron 200 - Bulk Price
Masteron 200 - Bulk Price

Administration: Injection
Prime Ingredient: Drostanolone Enanthate
Producer: Dragon Pharma LLC
Pack: 10 x 10 mL vial (200 mg/mL)
Price: 10 x $67.00

NPP 150 - Cheap Price
NPP 150 - Cheap Price

Administration: Injection
Basal Ingredient: Nandrolone Phenylpropionate
Manufacturer: Dragon Pharma Labs
Package: 20 x 10 mL vial (150 mg/mL)
Price: 20 x $25.00

Cut Mix 150 - Bulk Price
Cut Mix 150 - Bulk Price

Administration: Injection
Primary Component: Testosterone Propionate, Drostanolone Propionate, Trenbolone Acetate
Branded by: Dragon Pharma Labs
Package: 10 x 10 mL vial (150 mg/mL)
Price: 10 x $52.00

Trenbolone 200 - Discount Price
Trenbolone 200 - Discount Price

Administration: Injection
Prime Substance: Trenbolone Enanthate
Produced by: Dragon Pharma Labs
Amount: 30 x 10 mL vial (200 mg/mL)
Price: 30 x $57.00

Tritren 150
Tritren 150

Injectable Anabolic Steroid
Principal Constituent: Trenbolones Blend
Made by: Dragon Pharma Labs
Amount: 1 X 10 ml (150 mg/ml)

Deca 500
Deca 500

Injectable Anabolic Steroid
Basal Constituent: Nandrolone Decanoate
Made by: Dragon Pharma
Package: 1 X 10 ml (500 mg/ml)

Deca 300 - Cheap Price
Deca 300 - Cheap Price

Administration: Injection
Active Substance: Nandrolone Decanoate
Made by: Dragon Pharmaceuticals
Amount: 20 x 10 mL vial (300 mg/mL)
Price: 20 x $37.00

Masteron 200
Masteron 200

Injectable Anabolic Steroid
Prime Component: Drostanolone Enanthate
Made by: Dragon Pharma LLC
Package: 1 X 10 ml (200 mg/ml)

Masteron 200 - Discount Price
Masteron 200 - Discount Price

Administration: Injection
Prime Substance: Drostanolone Enanthate
Producer: Dragon Pharmaceutical
Amount: 30 x 10 mL vial (200 mg/mL)
Price: 30 x $49.00

Nolvadex
Nolvadex

Selective Estrogen Receptor Modulator
Prime Substance: Tamoxifen Citrate
Producer: Dragon Pharma LLC
Pack: 1 X 100 tabs (20 mg/tablet)

TriTren 150 - Bulk Price
TriTren 150 - Bulk Price

Administration: Injection
Prime Ingredient: Tri Trenbolone
Manufacturer: Dragon Pharma
Unit: 10 x 10 mL vial (150 mg/mL)
Price: 10 x $72.00

Cut Long 300
Cut Long 300

Injectable Steroid for Muscle Growth
Mix of: Drostanolone Enanthate,
Testosterone Enanthate, Trenbolone Enanthate
Made by: Dragon Pharma
10 mL Sterile Multi-dose Vial (300 mg/mL)

Clomid
Clomid

Base Chemical Name: Clomiphene Citrate
Manufacturer: Dragon Pharma Labs
Unit: 100 tabs (50 mg/pastille)

Deca 300
Deca 300

Prime Chemical Name: Nandrolone Decanoate
Made by: Dragon Pharmaceuticals
Amount: 10 x 10 mL vial (300 mg/mL)

Cypionat 250
Cypionat 250

Main Chemical Name: Testosterone Cypionate
Branded by: Dragon Pharma Labs
Package: 10 x 10 mL vial (250 mg/mL)

Clomid
Clomid

Branded by: Dragon Pharma Labs
Active Ingredient: Clomiphene Citrate
Package: 100 tablets (50 mg/pill)

Clenbuterol Bulk Price
Clenbuterol Bulk Price

Manufacturer: Dragon Pharmaceutical
Main Component: Clenbuterol Hydrochloride
Pack: 20 x 100 tabs (40 mcg/tablet)
Package Price: 25 USD

Masteron 200
Masteron 200

Branded by: Dragon Pharma LLC
Principal Component: Drostanolone Enanthate
Amount: 10ml vial (200 mg/ml)

Anavar
Anavar

Oral Anabolic Steroid
Principal Constituent: Oxandrolone
Branded by: Dragon Pharma LLC
Pack: 100 tablets (50 mg/pill)

Turanabol
Turanabol

Oral Anabolic Steroid
Base Chemical Name: Chlorodehydromethyltestosterone
Made by: Dragon Pharmaceuticals
Unit: 100 tablets (20 mg/tablet)

EQ 200 / Test E 200
EQ 200 / Test E 200

Producer: Dragon Pharmaceutical
Base Ingredient: Boldenone Undecylenate, Testosterone Enanthate
Pack: 10 mL vial (400 mg/mL)

Sustanon 350
Sustanon 350

Made by: Dragon Pharma
Main Ingredient: Testosterone Blend
Amount: 10 mL vial (200 mg/mL)

EQ 300
EQ 300

Injectable Anabolic Steroid
Basal Constituent: Boldenone Undecylenate
Producer: Dragon Pharma
Amount: 10 mL vial (300 mg/mL)

Deca 300 Cheap Price
Deca 300 Cheap Price

Producer: Dragon Pharma LLC
Main Chemical Name: Nandrolone Decanoate
Pack: 10 x 10 mL vial (300 mg/mL)
Package Price: 45.00 USD

NPP 150
NPP 150

Made by: Dragon Pharma
Base Ingredient: Nandrolone Phenylpropionate
Amount: 10 mL vial (150 mg/mL)

1-Test Cyp 200
1-Test Cyp 200

Branded by: Dragon Pharmaceuticals
Principal Ingredient: Dihydroboldenone Cypionate
Package: 10 mL vial (200 mg/mL)

Primobolan 100
Primobolan 100

Manufacturer: Dragon Pharma
Primary Component: Methenolone Enanthate
Amount: 10 mL vial (100 mg/mL)

Masteron 100
Masteron 100

Manufacturer: Dragon Pharma
Basal Constituent: Drostanolone Di-Propionate
Package: 10 mL vial (100 mg/mL)

EQ 500
EQ 500

Injectable Anabolic Steroid
Basic Constituent: Boldenone Undecylenate
Branded by: Dragon Pharma LLC
Pack: 10 mL vial (500 mg/mL)

Clenbuterol Cheap Priced
Clenbuterol Cheap Priced

Oral Anabolic Steroid
Active Substance: Clenbuterol Hydrochloride
Made by: Dragon Pharmaceuticals
Pack: 20 x 100 tablets (40 mcg/pastille)
Price per Package: 25 USD

Sustanon 350 Best Price
Sustanon 350 Best Price

Producer: Dragon Pharma
Principal Chemical Name: Testosterone Blend
Unit: 30 x 10 mL vial (350 mg/mL)
Unit Price: 32.00 USD

Winstrol Tabs for Sale
Winstrol Tabs for Sale

Oral Anabolic Steroid
Main Constituent: Stanozolol
Branded by: Dragon Pharmaceutical
Package: 10 x 100 tabs (50 mg/tablet)
Price per Package: 63.00 USD

EQ 200 / Test E 200
EQ 200 / Test E 200

Active Chemical Name: Boldenone Undecylenate, Testosterone Enanthate
Manufacturer: Dragon Pharma
Unit: 10 mL vial (400 mg/mL)

TriTren 150 for Sale
TriTren 150 for Sale

Injectable Anabolic Steroid
Main Ingredient: Tri Trenbolone
Branded by: Dragon Pharmaceutical
Amount: 10 x 10 mL vial (150 mg/mL)
Price per Unit: 72.00 USD

EQ 300
EQ 300

Produced by: Dragon Pharma Labs
Active Component: Boldenone Undecylenate
Amount: 10 mL vial (300 mg/mL)

Winstrol
Winstrol

Principal Substance: Stanozolol
Producer: Dragon Pharmaceuticals
Package: 100 pills (50 mg/tablet)