not represent a worldwide view of the subject . you may improve this article discuss the issue on the talk page or create a new article as appropriate . december 2010 learn how and when to remove this template message hospira type subsidiary traded as nyse hsp founded may 3 2004 spun off from abbott laboratories headquarters lake forest illinois united states key people f. michael mike ball ceo ; john c. staley chairman of the board of directors products generic acute care and oncology injectables integrated infusion therapy medication management systems revenue 4.1 billion 2011 parent pfizer website www.hospira.com hospira is an american global pharmaceutical and medical device company with headquarters in lake forest illinois . it has approximately 15 000 employees . 1 hospira is the world s largest producer of generic injectable pharmaceuticals 2 manufacturing generic acute care and oncology injectables as well as integrated infusion therapy and medication management systems . hospira s products are used by hospitals and alternate site providers such as clinics home healthcare providers and long term care facilities . 3 it was formerly the hospital products division of abbott laboratories . on september 3 2015 hospira was acquired by pfizer . worldwide sales in 2011 were approximately 4.1 billion . 4 contents 1 history 2 sodium thiopental production 3 legislation and litigation 4 competitors 5 infusion pump system firmware vulnerability disclosures 6 references 7 external links history edit hospira corporate headquarters in lake forest illinois in january 2004 abbott announced it was spinning off its hospital products division . 5 hospira s name was picked by employee vote . the name is derived from the words hospital spirit inspire and the latin word spero which means hope . 3 hospira became an independent company on monday may 3 2004 with 14 000 employees 14 manufacturing sites and an estimated 2.5 billion in annual sales . 6 in 2007 hospira purchased mayne pharma ltd. an australian based specialty injectable pharmaceuticals company for 2.1 billion . the deal expanded hospira s international reach and its presence in the oncology market . 7 more recent acquisitions by hospira include biotechnology business from pliva croatia in 2009 the generic injectable pharmaceuticals business of orchid chemicals & pharmaceuticals ltd. a leading indian pharmaceuticals company for approximately 400 million announced in late 2009 and completed in 2010 ; 8 javelin pharmaceuticals inc. maker of post operative pain management drug dyloject for approximately 145 million in 2010 ; 9 and theradoc a clinical informatics company that develops hospital surveillance systems in 2009 . 10 in 2011 hospira s board chose mike ball formerly president of allergan as hospira s new ceo . ball became ceo in march 2011 . 11 hospira named john staley its non executive chairman with the retirement of former executive chairman christopher begley in january 2012 . begley had announced his retirement as hospira s chief executive in august 2010 but had remained as executive chairman . 12 in 2015 pfizer has signed agreement to acquire hospira . 13 sodium thiopental production edit sodium thiopental is an anesthetic discovered by abbott laboratories in the 1930s . 14 hospira manufactured the drug after splitting off from abbott under the brand name pentothal . the who considers it an essential drug . however it is also used as part of the lethal injection protocol in many us states . 15 though hospira has supplied these states with the drug it has said we do not support the use of any of our products in capital punishment procedures . 16 wikinews has related news final us manufacturer ceases production of lethal injection drug ; executions delayed on january 21 2011 the company announced that it would stop producing sodium thiopental . hospira had recently moved production of the drug from a plant in north carolina to a plant in liscate italy . however the italian government threatened to bar its export unless hospira monitored the entire supply chain all the way to the end user in order to ensure it only used for medical purposes and not converted for use in executions . the italian constitution bans the use of capital punishment . company officials determined there was no way it could prevent sodium thiopental from being used in executions and did not want to expose their employees to liability . 17 18 19 legislation and litigation edit oxaliplatin in august 2009 hospira introduced a generic version of sanofi aventis sa s sny colon cancer drug known generically as oxaliplatin and by the brand name eloxatin in the united states . in april 2010 hospira announced a legal settlement with sanofi aventis . under the settlement terms hospira agreed to stop selling oxaliplatin injection in the united states by june 30 2010 and can relaunch the product in the united states on aug. 9 2012 . 20 biosimilars in 2010 the u.s. congress passed legislation that would allow the marketing of biosimilar drugs in the united states . the legislation would allow 12 years of data exclusivity for brand name biologics . some consumer groups like aarp oppose this provision saying it would cause lack of access to the promise of such drugs . 21 competitors edit hospira s competitors in specialty injectable pharmaceuticals include fresenius ag baxter international inc. bedford laboratories mylan sandoz teva pharmaceuticals as well as divisions of several multinational pharmaceutical companies . its competitors in medication management systems include baxter b. braun melsungen ag carefusion and fresenius medical care ag . 22 infusion pump system firmware vulnerability disclosures edit in 2014 2015 two security researchers independently identified what were described as severe defects in hospira s pca system firmware the software controlling various of their drug infusion equipment cve 2015 3459 23 and further advisory icsa 15 125 01b 24 . numerous remote exploit vulnerabilities were found in what was believed to be the first fda safety advisory of its kind . 25 this was followed in july 2015 by a second fda recommendation that hospitals discontinue use of the affected pumps entirely . 26 the devices extent of their flaws and implications were widely discussed . 27 28 29 references edit hospira investor relations shareholder faq . us based hospira to buy orchid chemicals injectables biz for 400 mn . the economic times . 16 december 2009 . a b about hospira . hsp key statistics . yahoo.com . higginbotham stacey 25 january 2004 . abbott labs to spin off unit . austin business journal . 1 dead link sherman debra 28 february 2007 . hospira quarterly earnings rise 78 percent . reuters . us based hospira to buy orchid chemical s injectables biz for 400 mn . the economic times . 16 december 2009 . hospira to close 145m javelin deal this week . businessweek . 29 june 2010 . hospira acquires theradoc enhances medication safety and infection management offerings . infection control today . 2 december 2009 . hospira names allergan s michael ball as ceo . daily herald . 8 march 2011 . http articles.marketwatch.com 2011 12 07 news 30959308 1 hospira christopher begley chairman http www.cnbc.com id 102376540 thatcher virginia s. 1953 . chapter 7 illegal or legal pdf . history of anesthesia with emphasis on the nurse specialist . j.b. lippincott . allen nick 27 september 2010 . us executions on hold due to lethal injection drug shortage . london the telegraph . welsh huggins andrew 27 september 2010 . shortage of drug holds up some u.s. executions . msnbc . ap . eckholm erik ; zezima katie 21 january 2011 . states face shortage of key lethal injection drug . new york times . koppel nathan january 22 2011 . drug halt hinders executions in the u.s. . the wall street journal . hospira investor relations press release . corporate ir.net . sanofi aventis settles additional eloxatin suits . marketwatch . 6 april 2010 . home aarp online community . aarp.org . hsp . cnn . nvd detail . nist.gov . hospira lifecare pca infusion system vulnerabilities update b ics cert . us cert.gov . billy bk rios . xs sniper.com . symbiq infusion system by hospira fda safety communication cybersecurity vulnerabilities . fda.gov . researcher drug pump the least secure ip device i ve ever seen the security ledger . the security ledger . serious security flaws found in hospira lifecare drug pumps securityweek.com . securityweek.com . andrea peterson 3 august 2015 . connected medical devices the internet of things that could kill you . washington post . external links edit official website v t e pharmaceutical companies of the united states abbott laboratories acorda therapeutics actavis aderis pharmaceuticals adolor corporation alcon alexion pharmaceuticals alkermes allergan alza amgen amylin pharmaceuticals ariad pharmaceuticals aryx therapeutics avax technologies baxter international biocryst pharmaceuticals biogen biolex biovest biovista bradley pharmaceuticals bristol myers squibb cancervax century pharmaceuticals cephalon ceragenix pharmaceuticals combe incorporated cortex pharmaceuticals cotherix covance covidien cubist pharmaceuticals cutter laboratories cytosport cytrx danco laboratories dnaprint genomics epix pharmaceuticals eli lilly and company elorac endo pharmaceuticals ethicon endo surgery ethicon inc. forest laboratories galena biopharma genvec genentech genta gilead sciences hospira imclone systems institute for oneworld health intercept pharmaceuticals ista pharmaceuticals ivax corporation janssen biotech johnson & johnson kinetic concepts king pharmaceuticals kinray kv pharmaceutical leiner health products mallinckrodt martek biosciences corporation s. e. massengill company mckesson corporation mcneil laboratories melior discovery mentholatum merck & co. miles laboratories mylan myriad genetics naurex nereus pharmaceuticals northwest biotherapeutics norwich pharma services novabay pharmaceuticals nuvelo organon international ortho pharmaceutical ortho mcneil pharmaceutical osi pharmaceuticals ovation pharmaceuticals par pharmaceutical parke davis perrigo pfizer pharmaceutical product development prasco laboratories procter & gamble proteon therapeutics purdue pharma qualitest quark pharmaceuticals regeneron repros therapeutics rib x pharmaceuticals sarepta therapeutics savage laboratories schering plough g. d. searle & company sheffield pharmaceuticals smith kline & french spectrum pharmaceuticals sterling drug tanox tap pharmaceutical products tec laboratories teva pharmaceutical industries tiens biotech group titan pharmaceuticals trevena inc trubion upjohn upsher smith laboratories valeant pharmaceuticals ventria bioscience vertex pharmaceuticals verus pharmaceuticals vion pharmaceuticals inc. viropharma west pharmaceutical services wyeth zonite products corporation list of pharmaceutical companies v t e illinois based corporations fortune 500 corporations by 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group jones lang lasalle kemper corporation nalco holding company nicor rli corp. rubicon technology stericycle titan international tribune media tronc tootsie roll industries ulta beauty usg corporation westell zebra technologies other major private companies alphabetically ace hardware baker & mckenzie blue cross blue shield association claire s country financial danfoss power solutions dot foods eby brown electro motive diesel flex n gate follett corporation gardner denver grant thornton llp health care service corporation heico cos. hendrickson international hub international jenner & block kirkland & ellis marmon group mayer brown medline industries molex nestl frozen pizza osi group pactiv reyes holdings ryerson inc. sidley austin skidmore owings & merrill solo cup company tellabs transunion true value us foods wirtz corporation related topics breweries in illinois companies in the chicago metropolitan area food manufacturers of chicago newspapers in illinois retailers on the magnificent mile wineries in illinois retrieved from https en.wikipedia.org w index.php title hospira & oldid 743160375 categories companies formerly listed on the new york stock exchangepharmaceutical companies established in 2004companies based in lake forest illinoisgeneric drug manufacturersamerican brandshidden