Cambrex ingredient part of recalled drug

Date : 03/21/2008 @ 5:00PM
Source : TFN
Stock : Cambrex Corp (CBM)
Quote : 5.2  0.61 (13.29%) @ 8:00PM
<< BackQuote Chart Financials

 



Cambrex ingredient part of recalled drug

        EAST RUTHERFORD, N.J. (AP) - Cambrex Corp., which makes active
pharmaceutical ingredients, said Friday a product containing one of its
materials was recalled for undisclosed reasons.
    Cambrex declined to reveal the name of the company, its product, or the
reason for the recall, citing a confidentiality agreement. But, in a statement,
it said the recall will hurt its 2008 financial performance, though it is unsure
of the extent.
    According to the Food and Drug Administration's Web site, American Health
Packaging, a unit of AmerisourceBergen Corp., on Thursday recalled 1,421 units
of the blood thinner heparin because it could contain a potentially dangerous
contaminant. The move was part of a broader, ongoing recall, in which
contaminated heparin from a different manufacturer was associated with 19 deaths
and hundreds of allergic reactions.
    Cambrex, in its statement, said the recall decision from the unnamed company
is likely not linked to Cambrex's performance as a manufacturer.
    On Friday, B. Braun Medical Inc. also recalled lots of heparin after one of
its suppliers, Wisconsin-based Scientific Protein Laboratories, said an
ingredient it provided contained a potentially dangerous chemical.
    
Copyright 2008 Associated Press. All rights reserved. This material may not be
published, broadcast, rewritten, or redistributed.
<< Back


Cambrex Corp Historical Chart Cambrex Corp Intraday Chart  
Period


LSE and PLUS quotes are live. NYSE and AMEX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions :: Contact Us :: Request an Exchange :: Affiliate Scheme
Copyright1999-2008 ADVFN PLC. Copyright and limited reproduction :: Privacy Policy :: Investment Warning :: Advertise with us :: Data accreditations :: Investor Relations :: Press office :: Jobs
ADDITIONAL SERVICES AVAILABLE FROM ADVFN
Upgrade - Click here for more information on ADVFN premium services Money Words - ADVFN Financial Glossary Investor Training ADVFN Financial Bookshop Online Training Academy
31 site:2us 081007 04:40 Stock Message Boards ( 2001 | 2002 | 2003 | 2004 | 2005 | 2005 | 2007 )