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Post# of 89565
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Friday, 10/04/2002 9:11:33 AM

Friday, October 04, 2002 9:11:33 AM

Post# of 89565
Another longer term hold - IPXL
Schering-Plough announced today that Claritin OTC will take away from their prescription business. Here's where it's going:
June 24, 2002 -- IMPAX Laboratories, Inc. (Nasdaq NM: IPXL) today announced the signing of a Licensing, Contract Manufacturing and Supply Agreement with Schering-Plough Corporation relating to CLARITIN-D® 12 Hour (loratadine/pseudoephedrine sulfate, 5 mg/ 120 mg) Extended Release Tablets for the over-the-counter (OTC) market. CLARITIN-D 12 Hour is currently manufactured and marketed in the United States by Schering-Plough as a prescription drug for the relief of symptoms of seasonal allergic rhinitis (hay fever).

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