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Examples
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Dr. Frost had been chairman and chief executive of Ivax since 1987, and the other insider buyer, Opko Vice Chairman and Chief Technical Officer Jane Hsiao worked with him there.
Opko CEO Frost Accelerates Share Purchases Kathy Shwiff 2011
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Quarterly earnings excluded a $1.40 per-share charge related to the January acquisition of Ivax.
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Forest Labs sued Ivax, which was acquired by Teva Pharmaceutical Industries this year, when it applied to make a generic version of Lexapro.
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The federal civil trial is being held in Delaware District Court; Ivax, a unit of Teva, and India's Cipla are challenging a patent held by Forest for its bestselling depression drug.
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Teva Pharmaceutical Industries, which completed the acquisition of Ivax in January, is one of Forman's favorites.
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The Morgan Stanley analyst said after Ivax filed the initial lawsuit in late 2003, they saw Forest's chances of winning at about 75%.
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Quarterly earnings excluded a $1.0 billion charge related to the January acquisition of Ivax.
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The analyst said Forest's next catalyst is a possible patent-dispute settlement with generic challenger Ivax over the depression treatment Lexapro.
Lexapro Settlement Would Boost Forest Labs As Much As 10% 2006
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TEVA, the world's biggest maker of generic drugs, founded Ivax Corp., a maker of generic drugs that Teva bought for $7.6 billion in 2006.
unknown title 2011
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Before Ivax, Dr. Frost headed a much smaller pharmaceutical company as chairman and CEO of Key Pharmaceuticals, which also ended up being bought out, in 1986.
Forbes.com: News Gene Marcial 2011
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