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
-
Sepracor CEO in line for $11M golden handshake
-
Data Missing On US Drug Labels
-
Sepracor deal closes, CEO in line for $11M
-
Standard & Poor's Announces Changes To U.S. Indices - Update
-
Levi & Korsinsky, LLP Announces Class Action Lawsuit Against Sepracor, Inc. -- SEPR
-
Sepracor investors try to derail $2.6B Dainippon buyout
-
Japanese Pharma on the Move Again With Lots of Acquisitions, Globalization
-
Dainippon Sumitomo to buy Sepracor
-
Dainippon Agrees to Buy Sepracor
-
Sepracor to Merge With Dainippon in $2.6 Billion Deal
-
Nikkei nudges down 0.2 pct, Daiwa and SMFG slip
-
Willkie Farr and Paul Weiss on $2.6 Billion Japanese Pharma Deal
-
Asian markets mixed as China soars while US data weighs
-
Sepracor Accepts $2.6 Billion Dainippon Bid
-
Stocks Await Service Sector Data To Break Lackluster Phase - RTTNews Daily Market Analysis
-
Japanese company to buy Sepracor for $2.6 billion
-
Dainippon to buy Sepracor
-
Dainippon Sumitomo Pharma to acquire Sepracor for $2.6 billion
News & Analysis
Filter by
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
Sepracor's Suitor Is Hard to Understand
Derek Lowe submits: Well, I didn't see this one coming. Dainippon Sumitomo has announced that it's buying Sepracor SEPR. My first thought on reading this was "Are they sure they want to do that?" I say that because the ostensible reason that the Japanese company is...
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...
Dainippon to buy Sepracor
Japanese drugmaker Dainippon Sumitomo Pharma plans to offer about $2.7 billion to acquire U.S. drugmaker Sepracor, a source with knowledge of the situation said on Wednesday. Dainippon would gain Sepracor's insomnia drug Lunesta and asthma drug Xopenex, as well as an experimental epilepsy drug and Sepracor's sales force of...
Sepracor?s Great Value Recognized by Japan?s Dainippon Sumitomo
Ockham Research submits: Sepracor SEPR shares surged up to 30% higher in early afternoon trading as news broke from the Nikkei of an approximately $2.71 billion offer from Dainippon Sumitomo. Sepracor’s stock has been hammered over the last few years, and recently there have been some disappointing clinical...
Sepracor Inc. Q2 2009 Earnings Call Transcript
Sepracor Inc. SEPR Q2 2009 Earnings Call Transcript July 24, 2009 8:30 am ET
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 Inc. Q2 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. Ladies and gentlemen the floor is now opened for questions. Operator instructions Our first question comes from the line of Chris Schott with JP Morgan. Please go ahead. Chris Schott – JP Morgan Great. Thanks. Just a couple of quick questions. May be to start...
Earnings Preview: Sepracor
Sepracor SEPR is expected to report Q2 earnings Friday, July 24 before market open with a conference call scheduled for 8:30 am ET. Guidance Analysts are looking for EPS of 39c on revenue of $280M. The consensus range is 31c-50c for EPS, and $268M-$295 for revenue, according to First...
Those who viewed this also viewed...
- At Sepracor, a Cost-Cutting Exercise Proves Expensive
- Schering-Plough, Sepracor Sign Deal to End Clarinex Exclusivity in 2012
- Sepracor Announces 940 Layoffs; Achieves the Impossible on Lunesta Sales
- Insomnia and Antidepressant Sales Give Lie to DTC Myths
- Sanofi, Sepracor Keep Local Politicians in Thrall Over Taxes
Industry Transcripts by Seeking Alpha
-
Palatin Technologies F1Q10 (Qtr End 9/30/09) Earnings Call Transcript
on Nov 16, 2009about PTN
-
Flamel Technologies SA Q3 2009 Earnings Call Transcript
on Nov 16, 2009about FLML
-
NexMed Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about NEXM
-
InterMune, Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about ITMN
-
Arena Pharmaceuticals Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about ARNA
Glass Door
Sepracor
IndustryTop Rated
- How NOT to Write a Biotech Press Release: Just Ask Epeius 5 votes
- Biogen Idec's Social Media Ties Save Tysabri Again; FDA Watching 3 votes
- More Tysabri Problems; Time for a Biogen-Idec Credibility Check 3 votes
- BioCryst's Antiviral Drug Peramivir Aims to Keep Swine-Flu Body Count Low 3 votes
- The 10 Weirdest Drug Stories of the Month 3 votes
