Philadelphia, PA – June 9, 2017: Frontida BioPharm, Inc. a Contract Development and Manufacturing Organization with headquarters in Philadelphia, PA announced that it has entered into an exclusive agreement with TruPharma, LLC to market and distribute five ANDAs. TruPharma is a Florida based pharmaceutical company that markets its products to all national and regional accounts.
The products are scheduled to launch within the next 18 months, and have combined U.S. annual sales over $120 million, according to IMS Health. Under the terms of the agreement, Frontida will manufacture and supply the products exclusively for TruPharma, which will market and distribute the products under its own label in the United States. Financial terms related to the deal have not been disclosed.
“We are excited to enter into a partnership with TruPharma for the launch of our first 5 products. TruPharma’s strong commercial presence and expertise will ensure a successful launch”, said Song Li, CEO, Fronitda BioPharm.
“This partnership allows us to expand our portfolio of high quality products with high quality partners. We are looking forward to commercializing the first few products in the upcoming months”, said John Mooney, President, TruPharma.
About Frontida BioPharm, Inc.
Frontida BioPharm, Inc. is a leading provider of drug delivery technologies, product development and manufacturing services for both small and large pharmaceutical and consumer health companies. Combining the rich heritage of resources from URL/Mutual Pharmaceuticals in Philadelphia, PA and Aurora, IL with the development expertise from Frontage Laboratories and the region’s best pharma companies, Frontida is helping our partners reach the market faster, ensuring robust product performance and on-time supply of clinical and commercial supply. Our 300,000+ ft2 manufacturing facilities supply prescription and OTC products, Highly Potent Active Ingredient (HPAI) products, Fixed-dose Combination Products and DEA schedules II – V products. Our 4 packaging lines, with validated product serialization provide packaging services for both commercial products and clinical trial material supplies. Frontida is working with Philadelphia and Pennsylvania officials to implement job training programs for skilled workers and support the region’s efforts to retain highly talented pharmaceutical professionals. Frontida – Quality Manufacturing, Extraordinary Care.™ Visit www.frontidabiopharm.com for more details.
About TruPharma, LLC
TruPharma is a privately-held commercial sales & marketing company formed by seasoned pharmaceutical executives with broad commercial experience to evaluate and market high-quality prescription products. TruPharma in-licenses & develops products that it sells through its commercial platform on the TruPharma label. Visit www.trupharma.com for more details.