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Home > Company Index > Drugs > Drug Delivery > ALZA Corporation

ALZA Corporation
 NEWS FROM THE STANDARD
Early Market Movers: Crouching Gladiator
Mar 26 2001 08:57 AM PST

 PROFILE
Nobody just "takes" drugs any more, thanks in part to ALZA. The company designs controlled-dosage drug-delivery systems, which range from skin patches and implants to tablets and injectables. Key drugs that use ALZA's technology include Procardia XL oral angina/hypertension treatment (Pfizer); #1 smoking cessation patch NicoDerm CQ (GlaxoSmithKline); and implantable prostate cancer treatment Viadur (Bayer). ALZA also develops drugs for its own account, including Ditropan XL for overactive bladder, and cancer treatment Doxil. The company has been purchased by Johnson & Johnson, and will continue operating as a wholly-owned subsidiary.

 COMPETITION
Abbott Laboratories (ABT)
Elan Corporation, plc (ELN)
R.P. Scherer Corporation (dossier)

 DEALS
Deal: J&J Combines Forces with Alza
Date Announced: 03.27.01
Value of transaction (US $Mil): 10500
Description: Pharmaceutical research company Alza will merge with Johnson & Johnson in an exchange of stock. Alza will retain its name and management under the J&J umbrella.

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 988.50
1-Yr. Sales Growth: 24.2%
Employees: 2,442
Revenue per employee: $404,791.15

 KEY PEOPLE
• Samuel R. Saks
    CEO
• Matthew K. Fust
    CFO

 CONTACT INFO
1900 Charleston Rd.
Mountain View, CA 94039
US
Phone: 650-564-5000
Fax: 650-564-7070
Online: Web Site

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