Pliva Explained

Pliva d.o.o.
Type:Subsidiary
Industry:Pharmaceutical industry
Parent:Teva Pharmaceuticals
Location:Zagreb, Croatia
Key People:Mihael Furjan (CEO)
Num Employees:1,700
Products:Generic drugs
Revenue:$1.174 billion (2005)
Net Income:$0.336 billion (2005)
Footnotes:[1]

Pliva d.o.o. is a pharmaceutical company based in Zagreb, Croatia that primarily manufactures and sells generic drugs. It is a subsidiary of Teva Pharmaceuticals.

Pliva is one of the world's largest producers of generic Adderall.

History

The company was founded in 1921.[1]

A team of Pliva's researchers, Gabrijela Kobrehel, Gorjana Radobolja-Lazarevski and led by Dr. Slobodan Đokić, discovered azithromycin in 1980.

In June 2002, the company acquired Sidmak for $152.9 million.[2]

Also in June 2002, Zeljko Peric, the chief financial officer of the company, resigned.[3]

In May 2004, the company received approval from the Food and Drug Administration to sell trospium chloride.[4]

In June 2005, the company received approval to sell a generic version of erythropoietin in Croatia.[5]

In November 2005, the company received approval from the Food and Drug Administration to sell a generic version of Azithromycin,[6] Citalopram,[7] and Ondansetron.[8]

In October 2006, Barr Pharmaceuticals acquired Pliva.[9]

On December 23, 2008, Barr Pharmaceuticals was acquired by Teva Pharmaceuticals and the company became part of Teva Active Pharmaceutical Ingredients (TAPI).[10]

Notes and References

  1. Web site: Company Profile . Pliva.
  2. PLIVA announces acquisition of US-based Sidmak . Pliva . June 11, 2002.
  3. PLIVA announces management changes . Pliva . June 27, 2002.
  4. PLIVA Announces FDA Approval of SANCTURA . Pliva . May 31, 2004.
  5. PLIVA Registers generic EPO in Croatia . Pliva . June 21, 2005.
  6. PLIVA Announces Approval for Azithromycin Tablets . Pliva . November 15, 2005.
  7. PLIVA Announces Approval for Citalopram Hydrobromide Tablets . Pliva . November 3, 2005.
  8. PLIVA Announces Approval for Ondansetron Hydrochloride ODT . Pliva . November 21, 2005.
  9. Barr Acquires PLIVA d.d. . Pliva . October 12, 2006.
  10. TEVA COMPLETES ACQUISITION OF BARR . Pliva . December 23, 2008.