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Bradley Pharmaceuticals creates A. Aarons subsidiary to market generic drugs
By Angela McDaniels
Seattle, Jan. 4 - Bradley Pharmaceuticals Inc. said it has established a subsidiary, A. Aarons Inc., to market generic therapies provided by Bradley's Doak Dermatologics and Kenwood Therapeutics operating units.
The new subsidiary was created to mitigate revenue lost to generic competition.
A. Aarons will be headed by William Renzo, vice president of trade and managed care relations for Bradley Pharmaceuticals, and will likely begin operations during the first quarter of 2006.
"The Bradley management team believes that the establishment of A. Aarons as a Bradley subsidiary reflects the company's ongoing commitment to life cycle management," Bradley president and chief executive officer Daniel Glassman said in a company news release.
Bradley is a specialty pharmaceutical company based in Fairfield, N.J., with a focus on acquiring, improving and promoting branded pharmaceutical products.
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