Amneal Pharmaceuticals to acquire assets of Interpharm Holdings Amneal Pharmaceuticals, LLC has announced the execution of a secured asset Purchase Agreement for Amneal’s wholly-owned subsidiary, Amneal Pharmaceuticals of New York, LLC, to obtain the assets, facilities and business of Interpharm. The acquisition contains Interpharm’s facilities on Long Island, NY and also the intellectual house including ANDA’s, processes and technology. Amneal use its solid leadership and budget to totally realize the potential of Interpharm’s powerful product line, ensure acceptance of its well described advancement pipeline and leverage the initial manufacturing capabilities recommended treatment course . Utilizing Amneal’s financial power, superb quality administration, R&D and manufacturing experience with Interpharm’s outstanding facilities, leading market share and high value pipeline creates incredible opportunities for rapid development and exceptional client satisfaction, stated Chintu Patel, CEO of Amneal.

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Thomas O'Donnell, MD, Senior Vascular Cosmetic surgeon at Tufts Medical Center commented, ‘Ligation methods and technology for internal vessels offers remained unchanged for many years. As a clinician, I am always aware of the prospect of ligating clips to become dislodged following placement, leading to a bunch of complications, both through the medical procedure and thereafter. The Amsel Occluder Device represents a fresh approach to facilitating accurate, secure and complete vessel closure. The Amsel Occluder Gadget offers a minimally invasive method for transfixing a tubular framework, such as a blood vessel, and provides security, identical to a suture ligation performed through an open up technique. I am thrilled to see the Amsel Occluder Gadget enter medical practice once it receives FDA pre-market clearance.’ Arnold Miller, MD, President and Founder of Amsel Medical Corporation commented, ‘We are thrilled to have got filed the initial Pre-Advertising Notification ) with FDA for the Amsel Occluder Gadget.

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