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LITHOBID® Purchased by JDS Pharmaceuticals, LLC
Effective August 25, 2004, Solvay Pharmaceuticals, Inc. announced the sale of LITHOBID® (Lithium Carbonate, USP) Slow-Release Tablets 300 mg to JDS Pharmaceuticals, LLC.
JDS is a specialty pharmaceutical company focused on certain prescription products that treat disorders of the central nervous system. Founded in 2003 by Phillip M. Satow, a pharmaceutical executive with 30 years of experience at Pfizer and Forest Labs, JDS’s portfolio now includes LITHOBID®, the leading brand of sustained release lithium.
JDS sought to enter the central nervous system market with a proven product, and thus approached Solvay Pharmaceuticals to purchase LITHOBID®. Solvay Pharmaceuticals believed the transfer of LITHOBID® to JDS Pharmaceuticals offered the best solution to healthcare providers and patients who continue to seek LITHOBID®.
LITHOBID® will continue to be manufactured by Solvay Pharmaceuticals but marketed and distributed by JDS.
All LITHOBID® inquiries should be directed to JDS Pharmaceuticals/Kendle International, Inc. at 800-455-8070.
LITHOBID® is a registered trademark of JDS Pharmaceuticals, LLC.
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