BNET Industries

Morton Grove Pharmaceuticals Inc.

is in the Manufacturing Industry

Last Fiscal Year Sales:$300.0M
  • Private
  • US
Dow Jones Description

Morton Grove Pharmaceuticals, Inc., located in Morton Grove, Illinois, is a specialty pharmaceutical company that develops, manufactures and markets prescription oral liquid and topical liquid pharmaceuticals. The company manufactures and markets over 50 products. Morton Grove Pharmaceuticals is today a leading manufacturer and marketer of prescription oral liquid pharmaceuticals in the United States. All of the company's core products are manufactured in Morton Grove Pharmaceuticals' 125,000 square foot, state-of-the-art facility. The company owns, manufactures and markets 52 prescription ANDA drugs, 33 prescription non-ANDA drugs and 3 OTC ANDA products. Currently, there are 11 ANDAs under active review. Morton Grove Pharmaceuticals distributes its products through Wholesalers, Chain Drug Stores and other Distributors throughout the United States. The company has a sales force of four National Accounts Directors in the field and three inside sales representatives. In total, Morton Grove has a work force of 300 employees.

CFO & Vice President
Rick Lopatin
Number of Employees 270
Contact Information

6451 W Main St

Morton Grove, Illinois 60053-2633

www.mgp-online....

(847) 967-5600

NAICS Code Soap and Other Detergent Manufacturing: 325611

News & Analysis

morton grove pharmaceuticals inc. - All News and Analysis

  • Morton Grove Pharmaceuticals

    - 2008-01-01

    Morton Grove, IL DDMAC reviewed promotional pieces for Lindane Shampoo, USP,1% Lindane Shampoo issued by Morton Grove and by Alliant Pharmaceuticals Alliant. These pieces include websites promoting Lindane Shampoo and a promotional piece entitled "The Nit Picking News." The agency found that the websites and newsletter are misleading...

    Tags: FDA, Morton Grove Pharmaceuticals Inc.

  • Morton Grove Pharmaceuticals Inc

    - 2006-09-25

    CHICAGO -- Morton Grove Pharmaceuticals Inc. MGP is a Chicago-based specialty manufacturer of generic liquid pharmaceuticals and over-the-counter drug products. "Our specialty and focus is in liquids and such related products as nasal delivery," explains Richard O'Hara, director of sales and the field sales group. "We manufacture pharmaceuticals across...

    Tags: Morton Grove Pharmaceuticals Inc.

  • Morton Grove Pharmaceuticals Inc

    - 2004-09-27

    Morton Grove Pharmaceuticals Inc. 6451 West Main St. Morton Grove, Ill. 60053 Phone: (847) 967-5600 Fax: (847) 967-2211 Website: mgp-online.com Key contact: Frank Stiefel vice president of sales and marketing MORTON GROVE, Ill. -- Morton Grove Pharmaceuticals Inc. has been a leading supplier...

    Tags: Morton Grove Pharmaceuticals Inc.

  • Morton Grove Pharmaceuticals

    - 2000-03-13

    Morton Grove Pharmaceuticals, Morton Grove, IL, Jan. 14 Chicago. FDA cited Morton Grove for lack of a "documented action plan, conclusion or corrective action" in instances of stability failures in two lots of topical Clindamycin phosphate and one of topical Tretinoin solution. The stability failure investigation for Myphetene...

    Tags: FDA, Morton Grove Pharmaceuticals Inc.

  • Morton Grove Pharmaceuticals

    - 1999-07-12

    Morton Grove Pharmaceuticals, Morton Grove, IL, May 25 Chicago. Non-compliance with GMPs included commercial release of nystatin oral suspension USP, despite an out-of-specification OOS aerobic count; inadequate procedures to prevent microbiological contamination; inadequate cleaning procedures, leading to the contamination of Diphen AF with promethazine HCl and hyoscyamine oral drops with...

    Tags: Morton Grove Pharmaceuticals Inc.

Decision Makers

Name (plus bio) Position
Rick Lopatin CFO & Vice President
Ned Jannotta
Arda M. Minocherhomjee Director

Board of Directors

Name (plus bio) Position
Edgar D. Jannotta Board Director

Organization Position Status
Morton Grove Pharmaceuticals, Inc. CFO & Vice President Current
Baxter International Inc. Former
Grant Thornton LLP Former
University of Illinois Bs In Accountancy Former

Ned Jannotta began his career as an associate with GTCR in 1985. After spending three years with GTCR, he left to join William Blair Capital Partners, where he was a managing director for over nine years. He rejoined GTCR in 1998 and became managing principal in 2002. Mr. Jannotta holds an AB in Politics, cum laude, from Princeton University and an MBA from Harvard University. Mr. Jannotta is a director of Chester Valley Pharmaceuticals, ForeFront Education, GeneraMedix Pharmaceuticals, Morton Grove Pharmaceuticals, Ovation Pharmaceuticals, and Trans Healthcare. In addition, Mr. Jannotta was a director and played a key role in GTCR's highly successful past investments in CuraScript and LifeCare Management Services.

Organization Position Status
Morton Grove Pharmaceuticals, Inc. Current
Ovation Pharmaceuticals, Inc. Current
William Blair Capital Partners Managing Director Former
Harvard University Mba Former
Princeton University Ab Former

Organization Position Status
Chicago Growth Partners Founding Partner Current
Oakwood Medical Investors Current
Genoptix, Inc. Current
Morton Grove Pharmaceuticals, Inc. Director Current
NuVasive, Inc. Director Current
Cypress Medical Products Ltd. Director Current
Inhibitex, Inc. Director Current
Favrille, Inc. Board of Directors Current
Cubic Wafer, Inc Board of Directors Current
William Blair Capital Partners Managing Member Current
William Blair & Company, L.L.C. Managing Member Current
William Blair & Company LLC Senior Health Care Analyst Former
William Blair Capital Partners managing member Former
University of Washington School of Medicine post-doctoral fellow in Pharmacology Former
Point Biomedical Corporation Board of Directors Former
University of British Columbia Ph.D Former
University of Toronto MS Former
University of British Columbia MBA Former

Organization Position Status
GTCR Golder Rauner, LLC Senior Advisor Current
William Blair Capital Partners Chairman Current
William Blair International, Limited Chairman Current
ComEd Board of Directors Current
Aon Corporation Board of Directors Current
Molex Incorporated Director Current
Sloan Valve Company Director Current
Morton Grove Pharmaceuticals, Inc. Board Director Current
Ovation Pharmaceuticals, Inc. Board Director Current
Commercial Club of Chicago President Former
Economic Club of Chicago President Former
William Blair Capital Partners managing director Former
GTCR Golder Rauner, LLC Managing Principal Former
LifeCare Management Services LLC Director Former
LifeCare Management Services LLC Investor Former
Harvard University MBA Former
Princeton University AB Former

Executive News

  • Fail, Part Three: The Insiders

    Chicago Reader - 8/06/09 - View Story