BNET Industries
Last Fiscal Year Sales:$1.2B
- Public
- US
Dow Jones Description
Founded in 1984, Sepracor was originally comprised of several diverse business units. In 1989, we embarked on a strategy of developing single isomers and active metabolites of many of the world's largest selling drugs, with the objective of developing our own proprietary pipeline of pharmaceutical products. Sepracor became a publicly traded corporation in 1991, and we subsequently divested our non-pharmaceutical business units into four different companies, retaining our core pharmaceutical business. Sepracor was built on the premise that chiral drugs could, in essence, be divided into two or more "parts" and that certain of these parts could be brought to the market as new medicines with the possibility for reduced side effects, greater potency or new indications. Sepracor was a pioneer in this area of drug development, identifying new, viable compounds. This strategy enabled Sepracor to establish itself initially by out-licensing the rights to a number of compounds to large, established pharmaceutical companies who developed and ultimately commercialized them. Some of these compounds have grown to become well-known brands in the pharmaceutical industry: ALLEGRA brand fexofenadine HCl, CLARINEX brand desloratadine and XYZAL /XUSALTM brand levocetirizine. ...
Number of Employees 2,400
Peer Companies
NAICS Code Pharmaceutical and Medicine Manufacturing: 3254
Recent Events
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Sepracor CEO in line for $11M golden handshake
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Data Missing On US Drug Labels
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Sepracor deal closes, CEO in line for $11M
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Standard & Poor's Announces Changes To U.S. Indices - Update
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Dainippon Sumitomo To Acquire Sepracor For $2.6 Bln - Update
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Dainippon to buy U.S. drug firm Sepracor for $2.6 billion
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Japan firm acquires US drug maker Sepracor
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Zacks Industry Rank Analysis Highlights: CVS Caremark, Life Technology, NuVasive, Inc., Sepracor and Gilead Sciences
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Zacks Industry Rank Analysis Highlights: CVS Caremark, Life Technology, NuVasive, Inc.,...
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Perrigo Confirms That its Partner Synthon Has Filed for Generic Version of XyzalR Solution and...
News & Analysis
Filter by
jim edwards and sepracor inc. - All News and Analysis
Sepracor Has Stopped Advertising Lunesta, But Sales Still Go Up
Sepracor appears to have almost stopped advertising for sleeping pill Lunesta, and yet sales are still rising. Sepracor spent less than $1 million on ads for the brand in 2009, but Lunesta sales were up 2 percent to $151 million in Q2 2009. by Jim Edwards
Sepracor Sued Over Dainippon's Low Offer Despite Absence of Competing Suitors
Some Sepracor shareholders have sued the company's board alleging that their acceptance of Dainippon Sumitomo's acquisition offer of $23 a share, a premium of just 27.6 percent, isn't such a great deal. BNET suggested this might happen on Sept. 3. by Jim Edwards
The Dainippon-Sepracor Deal Worst-Case Scenario
Holders of Sepracor stock considering Dainippon's offer of $23 a share to take over the company might want to ask themselves, might this company be willing to pay more than a 27.6 percent premium? A brief look at the two companies suggests that Dainippon needs this more than Sepracor, and...
Sepracor Q2: More Miracles From Marlborough
Sepracor has once again achieved the impossible by growing sales of its sleeping pill Lunesta despite an almost infinite number of generic and OTC competitors. Lunesta sales were up 2 percent to $151 million in Q2 2009, the company reported. by Jim Edwards
Sepracor Tested Sleeping Pill Lunesta on Kids
The FDA stopped two clinical trials run by Sepracor studying sleeping pill Lunesta in children. The July 4 weekend is traditionally one of those times when companies drop bad news into the media in the hopes that America will be too busy eating and drinking to notice. This year was...
End of Sepracor-GSK Deal Raises Question in Lunesta Patent Fight
Here's something that few noticed in Sepracor's Q1 2009 earnings announcement: The company's $155 million marketing deal for insomnia drug Lunesta/Lunivia with GlaxoSmithKline in Europe fell through. The collapse of the deal was predictable. I noted in July 2008 that GSK's subsequent $3.3 billion deal with Actelion...
Sanofi, Sepracor Keep Local Politicians in Thrall Over Taxes
Two separate moves, by Sanofi-Aventis and Sepracor, illustrate the power that drug companies can have over the taxes of towns they base their headquarters in. Sanofi backed out of a deal in Pennsylvania that would have saved it 10 years of taxes in order to cut its...
Insomnia and Antidepressant Sales Give Lie to DTC Myths
Direct-to-consumer drug advertising has almost no relationship with consumer demand for prescriptions. That is one interpretation of a story in Ad Age showing that scrips for insomnia pills (such as Sanofi-Aventis's Ambien CR) and antidepressants (such as Eli Lilly's Cymbalta) are up, even though advertising in both those categories is...
Lilly, Barr, AZ and Sepracor Were Generous to Sen. Hatch's Utah Charity
Five drug and device companies, plus their lobbyist, PhRMA, are all very, very concerned about the welfare of Utah families. So concerned they gave $172,400 to the Utah Family Foundation over the last few years. By amazing coincidence, the foundation was founded by Sen. Orrin Hatch, who...
Ranking of 20 Drug Companies' Sales Forces Shows Productivity Flat or Declining
A ranking of drug company sales productivity shows Gilead gets the most revenues in return for every dollar invested in reps and marketing. At the other end of the table, Sepracor gets the least bang for its sales, general and administrative buck see table below. ...
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