Our research and development strategies and focus are proving themselves as evidenced by our ability to file ANDAs, receive FDA approval and commence manufacturing and shipment of the product," stated C. Robert Cusick, Chairman and Chief Executive Officer of Able Laboratories, Inc. "We anticipate that these recent approvals will support revenue growth and bring us closer to profitability."

Able Laboratories (OTCBB:ABRX) is a rapidly growing developer and manufacturer of generic pharmaceuticals. Able has recently completed its transition to focus the company's activities primarily on generic drug development, manufacturing and sales.

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking Statements. Certain information included in this news release (as well as information included in oral statements or other written statements made or to be made by Able Laboratories, Inc. f/k/a DynaGen, Inc.) contain statements that are forward-looking, such statements relate to anticipated future revenues of the company success of current product offerings, research and development efforts and the timeliness of Food and Drug Administration (FDA) filings and approvals. There is no assurance that the company will achieve the sales levels that will make the operation profitable or that FDA filings and approvals will be completed as anticipated. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and accordingly, such results may differ materially from those expressed in any forward-looking statements made by or on behalf of Able Laboratories, Inc. f/k/a DynaGen, Inc. For a description of additional risks, and uncertainties, please refer to Able Laboratories, Inc. f/k/a DynaGen, Inc. filings with the Securities and Exchange Commission, including Forms 10 -KSB and 10-Q.

Fioricet, Ritalin and Ritalin SR are registered trademarks of Novartis.

Compazine is a registered trademark of Smithkline Beecham Pharmaceuticals.

Darvocet-N is a registered trademark of Eli Lilly.

Lomotil is a registered trademark of G. D. Searle

Soma is a registered trademark of Wallace Laboratories

COPYRIGHT 2001 Business Wire
COPYRIGHT 2001 Gale Group

 

 

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