Drugmaker Stada Arzneimittel AG said Thursday it struck a deal to sell its stake in an American subsidiary for $40 million and plans to exit the U.S. market completely. The Bad Vilbel-based company said it would sell its stake in the Cranbury, New Jersey-based Stada Inc. to Dava Pharmaceuticals Inc.
MSN
Money
Simplifying Global Compliance
Recommended Products
GMP Inspection Preparation Checklist: A Tool for Internal Auditing
This management report includes more than 650 items organized in three sections covering all aspects of quality manufacturing.
Biological Risk Evaluation and Management for Medical Devices
Report shows how the FDA incorporates the two ISO standards in its medical device development policy, how the EU version of the two standards differs in significant ways and how the EU Medical Device Regulation may require further changes in the European standards.
Editor's Picks
FDA Extends UDI Deadlines Another Two Years for Class I, Unclassified Devices
The FDA said the new compliance date is Sept. 24, 2020.
United Exchange Warned for Inaccurate Listing Information
The agency had previously pointed out the deficiency in a February letter to the company.
FDAnews Drug Daily Bulletin
STADA SELLS U.S. UNIT TO DAVA FOR $40M
July 14, 2006
