Heritage Pharmaceuticals

From WikiMD's Food, Medicine & Wellness Encyclopedia

Heritage Pharmaceuticals is a generic pharmaceutical company based in the United States. The company specializes in the acquisition, licensing, development, and marketing of prescription pharmaceutical products in the global marketplace.

History[edit | edit source]

Heritage Pharmaceuticals was established in 2006. The company's primary focus is on the pharmaceutical and healthcare sectors, with a commitment to providing high-quality, affordable medicines to patients.

Products[edit | edit source]

Heritage Pharmaceuticals offers a diverse portfolio of products that span a wide range of therapeutic areas, including cardiology, gastroenterology, neurology, and oncology. The company's product line includes both brand-name and generic medications.

Business Model[edit | edit source]

Heritage Pharmaceuticals operates on a business model that involves the acquisition and licensing of pharmaceutical products, as well as the development and marketing of these products. The company's strategy is to leverage its expertise in the generic pharmaceutical market to provide cost-effective solutions for patients.

Regulatory Compliance[edit | edit source]

Heritage Pharmaceuticals is committed to maintaining the highest standards of regulatory compliance. The company adheres to all relevant FDA regulations and guidelines, and ensures that its products meet the stringent quality standards set by the pharmaceutical industry.

Controversies[edit | edit source]

In 2016, two former executives of Heritage Pharmaceuticals were charged with price fixing, bid rigging, and customer allocation for certain generic drugs. The company has since taken steps to improve its corporate governance and compliance programs.

See Also[edit | edit source]

References[edit | edit source]

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Contributors: Prab R. Tumpati, MD