ICN Pharmaceuticals, Inc.: Company Report
There's no Panic at ICN Pharmaceuticals. The firm, once led by CEO Milan Panic (now only a director), makes and sells a variety of drugs including antibiotics, painkillers, tranquilizers, and hormones. Its best-known product is the highly-hyped antiviral ribavirin, Virazole. The drug is approved in the US to treat pediatric lung infection and as part of a two-drug regime for hepatitis C. It is also used to treat herpes, influenza, chicken pox, and HIV. ICN also sells research chemicals, diagnostics (immunoassay and neonatal diagnostic kits), dosimetry (radioactivity monitoring services), and medical equipment. The company's products are sold in more than 90 countries worldwide.
