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Lannett Company, Summit Biosciences Receives FDA Approval for Sumatriptan

LEXINGTON, Ky. (Feb. 22, 2016) — Lannett Company, Inc. announced today that it has received approval from the U.S. Food and Drug Administration (FDA) of its Abbreviated New Drug Application (ANDA) for Sumatriptan Nasal Spray USP, 5 mg/spray and 20 mg/spray, the therapeutic equivalent to the reference listed drug Imitrex® Nasal Spray, of GlaxoSmithKline. According to IMS, total U.S. sales in 2015 of Sumatriptan Nasal Spray USP, 5 mg/spray and 20 mg/spray at Average Wholesale Price (AWP) were approximately $62 million. 

Craig Carter Named President of American Veterinary Epidemiology Society

LEXINGTON, Ky. (Feb. 11, 2016) — Craig N. Carter, director and professor of epidemiology at the University of Kentucky Veterinary Diagnostic Laboratory (UKVDL), recently took the helm of the American Veterinary Epidemiology Society (AVES) as president for a five-year term.   

Piramal Pharma Solutions to invest $10M, add 40 jobs at Coldstream Laboratories

LEXINGTON, Ky. (Feb. 3, 2016) — Coldstream Laboratories, a pharmaceutical manufacturer now owned by Piramal Pharma Solutions, is planning a $10 million expansion that will add 40 jobs at their Coldstream Research Campus location in Lexington, KY.  

Proposed Water Tank on Legacy Trail to Include Restrooms, Tees, Bike Racks

LEXINGTON, Ky. (Dec. 17, 2015) — The city of Lexington plans to spend $1.75 million to build restrooms and add trees and other amenities around a 70-foot-tall water storage tank to be built on the popular Legacy Trail on the Coldstream Research Campus by the end of December 2016.   The Fayette Urban-County Council recently approved the revamped plans for the new rest area. The tank — to be five stories tall and 200 feet in diameter — must be operational by the end of 2016.  

UK's Coldstream Research Campus is Thriving

Over the years, skeptics have at times been publicly critical of what they perceived as a lack of activity on the University of Kentucky's Coldstream Research Campus. These days, there is plenty going on at Coldstream.  

UK sells interest in Coldstream Laboratories to major pharmaceutical company

Update: this transaction has been completed. Piramal would locate major pharmaceutical operations in Lexington at Coldstream Research Campus   LEXINGTON, KY. (Jan. 15, 2015) -- The University of Kentucky is considering a $30.65 million offer for Coldstream Laboratories Inc. (CLI) and its high-tech facility located at Coldstream Research Campus.  

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