Just a couple of years ago, generics were all the rage in pharmaceutical development programs. Big pharma companies scrambled for ways to create generics franchises that would enable them to offer a broad array of products to managed care customers. But now, with HMR's sale of its Rugby-Darby Group to Watson Pharmaceuticals, we seem to be in the midst of a major bail out. It's now clear that the smartest generics strategy is a no-generics strategy.
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Series C investment of an undisclosed amount announced in early May follows $20m funding for the Los Angeles company from Volition Capital and angel investors.
Trademarks are registered and published for opposition with the US Patent and Trademark Office and are published weekly in the agency's Official Gazette.
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