Able Laboratories Files for Chapter 11 Bankruptcy as Recalls, Layoffs, and Investigations Take Their Toll
Able Laboratories Files Bankruptcy. Over the past 14 years, Able has had many problems with the FDA including: over 10 drug recalls; charges of selling medications which were either adulterated, mislabeled, or with incorrect potency; failure to report serious adverse reactions with respect to at least five drugs; improper … [Read more...] about Able Laboratories Files for Chapter 11 Bankruptcy as Recalls, Layoffs, and Investigations Take Their Toll
Able Laboratories, Now a Worthless Company, Will Sell Rather than Attempt a Comeback from Scandal
Able Laboratories declared In deciding to sell the company rather than attempt to obtain refinancing in order to return from bankruptcy, Able’s fall is now almost complete. The decision to sell follows the rejection by federal regulators of Able’s plan to rehabilitate itself and return its products to the market. It seems like … [Read more...] about Able Laboratories, Now a Worthless Company, Will Sell Rather than Attempt a Comeback from Scandal
Massive Drug Recall of Able Laboratories
Able Laboratories Drugs Are Being Recalled. Although several millions of doses of numerous generic prescriptions drugs were unexpectedly pulled from the market in a massive drug recall over one month ago, neither the FDA nor the manufacturer have come forward with any information to explain the matter. On May 19, Able Laboratories … [Read more...] about Massive Drug Recall of Able Laboratories
Generic Drug Maker Able Had Problems With FDA
Generic Drug Are Being Recalled. Generic drug maker Able Laboratories Inc., which this week recalled all of its drugs and shut down manufacturing over quality questions, has a long history of problems with regulators, government documents show. U.S. Food and Drug Administration reports and letters to the company detail repeated … [Read more...] about Generic Drug Maker Able Had Problems With FDA
