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ANI, Sterling Enter Generic Drug Pact

ANI to provide commercial manufacturing services

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By: Kristin Brooks

Managing Editor, Contract Pharma

ANI Pharmaceuticals, Inc. has entered into a fee-for-service development agreement with Sterling Pharmaceutical Services for an undisclosed generic drug product. The product will be developed by Sterling and transferred to ANI’s facilities for commercial manufacture and marketing. According to IMS Health, the annual market for the product is valued at $60 million.   Arthur S. Przybyl, ANI’s president and chief executive officer, said, “We are pleased to have entered into this i...

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