CINCINNATI -- Prasco Laboratories
Cesia is AB-Rated and therapeutically equivalent to the brand Cyclessa(R)
Prasco Laboratories, a privately-held pharmaceutical company located in Cincinnati, Ohio, announced today it has begun shipping its new oral contraceptive Cesia(TM)(1) (desogestrel/ethinyl estradiol) Tablets. Cesia (pronounced SESH-ah) is a Prasco Authorized Generic oral contraceptive, AB-Rated and therapeutically equivalent to the brand Cyclessa(R)(2) from Organon. Cesia will compete for generic sales with one other generic triphasal desogestrel/ethinyl estradiol oral contraceptive product in this market segment.
"Prasco is in the business of marketing Prasco Authorized Generics," said Prasco Chief Executive Officer E. Thomas Arington, "and our business model was developed to encourage more competition and innovations that meet market demands, which should ultimately benefit consumers through cost savings," said Arington.
Cesia tablets are presented in a hard, compact case and are packaged three units to a box.
"Cesia's three-unit packaging configuration was designed with our customers in mind. This pharmacy friendly package of three compacts will provide pharmacists more flexibility--regarding inventory and shelf space--than the other generic in this market segment," said Arington. "In addition, Cesia's compact case is identical to the brand product, which we believe is preferred by women over a blister-card wallet. Prasco Authorized Generics benefit the entire pharmaceutical supply chain because we supply brand quality at generic prices," Arington concluded.
About Prasco
Founded by Arington in 2002, Prasco's mission is to provide both quality products and significant cost-savings to the consumer. Prasco is a leading multi-source marketing company that utilizes a versatile, horizontally-integrated business approach. This strategy allows Prasco to combine its intellectual property with the special capabilities of selected partners to realize opportunities and benefit consumers by finding and filling unmet needs within the pharmaceutical marketplace.
Prasco's goal is to lead the field in Prasco Authorized Generics, which are brand products sold under the Prasco private label. Prasco's executive team has extensive experience working within both the brand and generic industries. A centerpiece of the company's corporate capabilities is its sales/marketing and business development teams. Prasco's product line is currently sold through the major distribution channels, including chains, independent pharmacies, distributors, wholesalers, and managed care providers.
The company operates from a 54,000 sq. ft. administrative office and warehouse facility and has complete control over product distribution management systems--including DEA-approved facilities for Schedule II-V controlled drug products.
(1) Cesia(TM) is a trademark of Prasco, LLC.
(2) Cyclessa(R) is a registered trademark of Organon N.V. Organon, OSS The Netherlands
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