Sagent Pharmaceuticals Announces the Approval and Launch of Zoledronic Acid Injection 4 mg in a Plastic Vial
SCHAUMBURG, Ill., March 5, 2013 (GLOBE NEWSWIRE) -- Sagent Pharmaceuticals, Inc. (Nasdaq:SGNT) today announced the approval and launch of Zoledronic Acid Injection 4 mg, the generic form of the bisphosphonate Zometa®, in a latex-free plastic vial. According to IMS data for the 12 months ending January 2013, the U.S. market for Zoledronic Acid Injection 4 mg approximated $606 million. As with all products in Sagent's portfolio, Zoledronic Acid Injection features Sagent's PreventIV MeasuresSM packaging and labeling, designed to help reduce medication errors.
"Sagent is pleased to offer our customers an additional source of this important product. The launch of Zoledronic Acid Injection represents our seventh product launched at market formation," said Jeffrey M. Yordon, President, Chief Executive Officer and Chairman of the Board of Sagent.
About Zoledronic Acid Injection 4 mg
Zoledronic Acid Injection 4 mg is indicated for the treatment of hypercalcemia of malignancy, patients with multiple myeloma and patients with documented bone metastases from solid tumors, in conjunction with standard antineoplastic therapy. Prostate cancer should have progressed after treatment with at least one hormonal therapy.
The package insert, available at www.SagentPharma.com , contains the indications, complete side effect profile and prescribing information.
About Sagent Pharmaceuticals, Inc.
Sagent Pharmaceuticals, Inc., founded in 2006, is a specialty pharmaceutical company focused on developing, manufacturing, sourcing and marketing pharmaceutical products, with a specific emphasis on injectables. Sagent has created a unique global network of resources, comprising rapid development capabilities, sophisticated manufacturing and innovative drug delivery technologies, resulting in an extensive and rapidly expanding pharmaceutical product portfolio that fulfills the evolving needs of patients.
CONTACT: INVESTOR CONTACT: Jonathon Singer, Sagent 847-908-1605Source: Sagent Pharmaceuticals, Inc. 2013 GlobeNewswire, Inc.