Company intelligence / Profile preview
Hi-Tech Pharmacal
Amityville, New York, United Stateshitechpharm.com ↗
- Ownership
- Private
- Development stage
- Other
01
Overview
Hi-Tech Pharmacal was a specialty pharmaceutical company focused on developing and manufacturing generic and branded prescription as well as OTC products. It specialized in difficult-to-manufacture liquid/semi-solid dosage forms including sterile ophthalmic/otic/inhalation drugs. The company had a strong presence in the diabetes OTC market with brands like Diabetic Tussin® and DiabetiDerm®, as well as prescription launches such as levofloxacin oral solution/gabapentin oral solution under exclusivity periods[1][3][4].
As of April 2014 it became a subsidiary of Akorn Operating Company LLC[1].
No current clinical pipeline exists post-acquisition.
Notable past launches included generics for Flonase® (fluticasone propionate), Levaquin® (levofloxacin), gabapentin oral solution, lidocaine jelly etc.[3]
Branded subsidiaries included ECR Pharmaceuticals ("DexPak", "Bupap", "Tussi-Caps", etc.)[3].
The Health Care Products division focused on diabetes OTCs ("Diabetic Tussin", "DiabetiDerm")[5].
Customers included major US pharmacy chains/distributors such as Walgreens, CVS/Caremark/AmeriSourceBergen/McKesson/Walmart/Cardinal Health[5].
- Therapeutic areas
- NeurologyPulmonologyInfectious DiseasesDermatologyGastroenterologyEndocrinologyImmunologyRheumatology
- Modalities
- Small moleculeBiologic (for sterile ophthalmic, otic, and inhalation products)Protein (for some branded/sterile products)Device (nasal sprays, inhalers)
- Industry
- Biotech
02
Drug pipeline
1 asset03
Partnerships
Licensing agreement with Medifast for DiabetiTrim shake
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