Three Rivers Pharma Press News

2006
11/17/06

Cranberry Township, PA
Three Rivers Pharmaceuticals, LLC recently welcomed several government representatives at their facility in Cranberry Township, PA.

In September, State Representative Daryl Metcalfe toured the facility and met with the management team regarding current business issues. In October, Senator Bob Casey visited 3RP to learn more about the legislative issues facing the pharmaceutical industry today and to offer support for growing businesses in Pennsylvania.

Three Rivers Pharmaceuticals supports strong relationships with government officials since the industry is heavily regulated and with their assistance the pharmaceutical industry can bring life saving and cost-effective medicines to patients. In addition, government also offers small growing companies the funding assistance needed to expand and continue building successful businesses and bring employment opportunities to the community.

Senator Bob Casey Visit
Senator Bob Casey Visit

 

10/27/06

Cranberry Township, PA
Donald J. Kerrish, RPh, President and CEO of Three Rivers Pharmaceuticals, LLC will be speaking at Duquesne University

Donald J. Kerrish, RPh, President and CEO of Three Rivers Pharmaceuticals, LLC will be speaking at Duquesne University for students of the Mylan School of Pharmacy on Wednesday November 15th from 12-2pm.

Mr. Kerrish, a Duquesne University Alumni and Member of the Mylan School of Pharmacy Advisory Board will be speaking on the topics of Pharmaceutics and Drug Development.

 

6/17/06

Forbes.com BusinessWire
Award Winners of Ernst & Young Entrepreneur Of The Year(R) Award Announced in Upstate New York and Western Pennsylvania

Ernst & Young LLP today announced the winners of the Ernst & Young Entrepreneur Of The Year(R) 2006 award in the Upstate New York and Western Pennsylvania region. This year’s award winners were recognized at a special 20th anniversary gala event at the Pittsburgh Hilton with more than 540 people in attendance.

All of the award winners were selected by an independent panel of judges composed of area leaders from business, academic and civic organizations. The Upstate New York and Western Pennsylvania Ernst & Young Entrepreneur Of The Year 2006 award winners are:
— Business Services – Robert Joyce, Founder and President, Salvage Direct, Inc.
— Emerging – David Jardini, President, C/G Electrodes, LLC.
— Health & Life Sciences – Donald Kerrish, Co-Founder & CEO, Patrick Kerrish, Co-Founder & SVP, Betty Sue Rich, Co-Founder, Jeffrey Fisher, Co-Founder, and Paul Fagan, Co-Founder, EVP, General Counsel, Three Rivers Pharmaceuticals, LLC.
— Industrial Products & Services – I. Michael Coslov, Chairman & CEO, Tube City IMS Corporation
— Professional Services – Maurice Pisciottano, President & CEO, ProSolutions
— Real Estate & Construction Services – Merle Whitehead, President & CEO, RealtyUSA & 1st Priority Mortgage
— Master – Don Devorris, Chairman & Founder, The Blair Companies

 

4/4/06

Genetic Engineering News
SAMARITAN’S MARKETING AUTHORIZATION APPLICATION FOR AMPHOCIL® APPROVED IN GREECE

Samaritan Pharmaceuticals, Inc. is pleased to announce that its subsidiary Samaritan Pharmaceuticals Europe, S.A. has received notification by the National Pharmaceuticals Organization, (EOF) for a new marketing authorization for AMPHOCIL in Greece. The National Pharmaceutical Organization, (EOF), is the competent authority for granting approval to market pharmaceutical and medical products in Greece, similar to the FDA in the United States.

Read More>>>>

2005
12/5/05

Cranberry Township, PA
Three Rivers Pharmaceuticals announces FDA Final Approval of Ribasphere® (ribavirin, USP) Tablets 600mg, 400mg and 200mg for the Treatment of Chronic Hepatitis C

Three Rivers Pharmaceuticals, LLC today announced that the U.S. Food and Drug Administration (FDA) has granted final approval for its Ribasphere® (ribavirin, USP) Tablets 600 mg, 400 mg, and 200 mg in combination with interferon alfa-2a for the treatment of Hepatitis C (“HCV”). Three Rivers Pharmaceuticals and PAR Pharmaceuticals will be shipping product immediately.

Read More>>>>

 

5/24/05

Cranberry Township, PA
THREE RIVERS PHARMACEUTICALS ANNOUNCES ACQUISITION OF WORLDWIDE RIGHTS TO AMPHOTEC®/AMPHOCIL®

Three Rivers Pharmaceuticals, LLC announced today that it has completed the acquisition of worldwide ownership of Amphotec® / Amphocil® (amphotericin B cholesteryl sulfate complex for injection) from InterMune, Inc. (Nasdaq: ITMN). Amphotec is indicated for the treatment of invasive aspergillosis, a fungal infection that occurs in immunocompromised patients. Financial terms of the agreement, which was signed and executed on May 20, 2005, were not disclosed.

Read More>>>>

1/13/05

Lake Success , NY
Aceto Corporation Executes Its First Generic Biopharmaceutical Agreement; Joins Forces with Three Rivers Pharmaceuticals to Produce and Market Three Generic Biopharmaceuticals

(BUSINESS WIRE) – Aceto Corporation (NASDAQ:ACET), a global distributor of chemically-derived pharmaceuticals, biopharmaceuticals, specialty chemicals and agrochemicals, today announced that it signed an agreement with Three Rivers Pharmaceuticals, LLC to bring three generic biopharmaceutical products to market.

Read More>>>>

 

2004
6/4/04

Cranberry Township, PA
Three Rivers Pharmaceuticals Announces Dismissal of ICN Appeal Scheduled For Court Next Week

Three Rivers Pharmaceuticals, LLC today announced that the appeal filed by Valeant Pharmaceuticals International, formally ICN Pharmaceuticals Inc., scheduled for oral arguments next week in Washington, D.C. has been dismissed.

The dismissal came at ICN’s request. Three Rivers obtained summary judgment of non-infringement in the United States District Court for the Central District of California in July 2003.

Three Rivers Pharmaceuticals in conjunction with its marketing partner Par Pharmaceutical (PRX) commercially launched RIBASPHERE® (Ribavirin capsules) 200 mg at risk in April 2004 after receiving FDA approval.

“The dismissal of the appeal by ICN validates our position that the case was without merit,” said Donald J. Kerrish, President and CEO of Three Rivers. The dismissal by ICN eliminates the risk of further litigation regarding this case.

RIBASPHERE® (Ribavirin capsules) 200 mg is used in combination with interferon alpha to treat Hepatitis C. Hepatitis C affects as many as four million Americans.

Three Rivers Pharmaceuticals, LLC is a privately owned generic drug manufacturing company located in Cranberry Township, Pennsylvania, just north of Pittsburgh.

Back to Top

 

4/7/04

Cranberry Township, PA
Three Rivers Pharmaceuticals announces FDA Approval of Ribasphere™ (Ribavirin capsules) 200mg for the Treatment of Chronic Hepatitis C

Three Rivers Pharmaceuticals, LLC today announced that the U.S. Food and Drug Administration (FDA) has granted marketing approval for its Ribasphere® (Ribavirin capsules) 200mg in combination with interferon alfa-2b for the treatment of Hepatitis C (“HCV”).

The President and CEO of Three Rivers Pharmaceuticals, Donald J. Kerrish, RPh., stated, “The approval of Ribasphere® marks a milestone in the treatment of HCV. Ribasphere® is positioned to break down the economic barriers that have existed for the past decade in treating this chronic and potentially deadly disease.” Traditionally the cost of treatment for HCV can range from $20,000 – $25,000 annually. “Our aim is to bring affordable medicine to all individuals infected with this dreadful disease.” Mr. Kerrish continued.

“This victory for the approval of Ribasphere® did not come without a great deal of pain and persistence on the legal and regulatory fronts” said Paul F. Fagan, Executive Vice President and General Counsel of Three Rivers. The ANDA was filed with the FDA in July of 2001. During the past thirty-three months, Three Rivers has successfully battled multiple patent infringement lawsuits and overcome significant regulatory issues that both delayed and complicated the entry of Ribasphere® into the marketplace. Both Mr. Kerrish and Mr. Fagan agreed that enduring the long and complex process has been well worth it. They will now be able to see patients benefit from the fruits of the company’s labor.

Hepatitis C affects nearly 4 million Americans and 170 million people worldwide. HCV is responsible for 8,000 to 10,000 deaths per year in the United States and is the number one cause of liver transplants. HCV can also lead to cirrhosis, end-stage liver disease, and liver cancer. Over 30,000 new cases are diagnosed each year.

Three Rivers Pharmaceuticals plans to launch Ribasphere® immediately, assisted by its marketing partner PAR Pharmaceuticals (NYSE:PRX) of Spring Valley, New York. Three Rivers Pharmaceuticals is a closely held, privately owned company. Three Rivers Pharmaceuticals’ mission is to develop and market generic prescription drugs and select branded drugs that may be less appealing to the larger pharmaceutical companies but still have a very strong clinical value to the patient. Its plan is to focus in the areas of HCV / HIV, urology and oncology.

Back to Top

 

2/23/04

Cranberry Township, PA
Three Rivers Pharmaceuticals Announces Receipt of ‘Approvable’ Letter for RIBASPHERE® (Ribavirin, USP) Capsules 200mg

Three Rivers Pharmaceuticals announced today that it received an “Approvable” letter from the U.S. Food and Drug Administration (FDA) for RIBASPHERE® (Ribavirin, USP) Capsules 200mg.

Ribavirin is a synthetic nucleoside analog with antiviral activity used in combination therapy for the treatment of hepatitis C.

This letter indicates to Three Rivers Pharmaceuticals that the FDA has completed its review of the Abbreviated New Drug Application submitted by Three Rivers Pharmaceuticals in July, 2001, and that the application satisfies all FDA pre-market approval requirements except for resolution by the FDA of certain labeling issues. In July, 2003 the United States District Court for the Central District of California granted summary judgment in favor of Three Rivers Pharmaceuticals ruling it was not infringing certain patents held by ICN Pharmaceuticals, Inc. and Ribapharm, Inc. involving ribavirin.

“We will work diligently with the FDA to resolve any remaining labeling issues in order to gain final approval for RIBASPHERE® (Ribavirin, USP) Capsules 200mg”, said Donald J. Kerrish, RPh., Three Rivers Pharmaceuticals’ President and Chief Executive Officer. “With over 2.4 million patients infected with Hepatitis C in the United States, we are encouraged that there will soon be an affordable alternative available for patients. Three Rivers Pharmaceuticals will be working closely in this process with its marketing partner PAR Pharmaceutical, Inc.

Three Rivers Pharmaceuticals is a privately-owned generic drug manufacturing company located in Cranberry Township, Pennsylvania, just north of Pittsburgh.

Back to Top

 

2003
7/16/03

Cranberry Township, PA
Three Rivers Pharmaceuticals Announces Victory on Summary Judgment Motion in case with ICN Pharmaceuticals

Three Rivers Pharmaceuticals, LLC today announced that the United States District Court for the Central District of California granted its motion for Summary Judgment in the patent infringement case filed against it by ICN Pharmaceuticals.

The district court determined that the Three Rivers’ product did not infringe any of the patents asserted by ICN Pharmaceuticals in the litigation. This decision removes the final patent barrier for Three Rivers in its pursuit to manufacture and commercially market a generic form of the drug ribavirin.

Three Rivers, in conjunction with its marketing partner Par Pharmaceutical (NYSE:PRX), will not commercially launch their ribavirin drug product until receiving FDA approval and a final determination on the 180-day exclusivity period granted to generic filers under the Hatch-Waxman Act of 1984.

“We view this as a tremendous victory, not only for Three Rivers and Par, but also for the hepatitis C community. We are committed to providing affordable ribavirin to persons afflicted with hepatitis C.” said Donald J. Kerrish, President of Three Rivers.

Three Rivers was represented in this case by attorneys Steven A. Maddox and David L. Rosen, formerly of McDermott, Will, & Emery, now with GrayCary.

Ribavirin, marketed by Schering-Plough under the brand name RebetolÒ is indicated for the treatment of chronic hepatitis C and had U.S. sales of approximately $800 million in the past year.

Back to Top

 

2/7/03

Cranberry Township, PA
Three Rivers Pharmaceuticals Announces Settlement Reached with Schering Corporation Over Ribavirin Lawsuit

Three Rivers Pharmaceuticals, LLC today announced that it had reached final settlement with Schering Corporation in the patent litigation case involving the drug ribavirin (Rebetol).

Three Rivers is currently seeking approval from the U.S. Food and Drug Administration to manufacture and commercially market a generic form of the drug ribavirin.

Under the terms of the settlement Schering has provided a non-exclusive license to Three Rivers for all its U.S. patents related to this drug product. In return for this license, Three Rivers will pay Schering a reasonable royalty based upon net sales of its generic version of the product. The parties have been in litigation in the U.S. District Court for the Western District of Pennsylvania. The Agreement is subject to the Court’s dismissal of the relevant lawsuits.

Three Rivers is also currently in litigation with Ribapharm, Inc., regarding certain patents that Ribapharm asserts relate to ribavirin. A trial date in that litigation is scheduled for May 2003. Three Rivers does not have tentative approval from the FDA at this time, although the company anticipates an approval within a reasonable period of time. The product will not be launched until the Ribapharm litigation is satisfactorily resolved and FDA approval obtained.

“We are very pleased with the terms of the settlement. It places Three Rivers one step closer to providing an affordable version of ribavirin to persons afflicted with hepatitis C.” said Donald Kerrish, President of Three Rivers.

Rebetol is indicated for the treatment of chronic hepatitis C and had branded sales of approximately $800 million in the past year.

Three Rivers Pharmaceuticals, LLC, is a privately-owned generic drug manufacturing company located in Cranberry Township, Pennsylvania, just north of Pittsburgh.

Three Rivers Pharmaceuticals, LLC is represented by McDermott, Will, & Emery. Founded in 1934, McDermott, Will & Emery is an international law firm with more than 925 laywers who practice in the firm’s offices in Boston, Chicago, Dusseldorf, London, Los Angeles, Miami, Munich, New York, Orange County, Silicon Valley, and Washington, D.C. www.mwe.com

Back to Top

 

Begin typing your search term above and press enter to search. Press ESC to cancel.

Back To Top