ANI Pharmaceuticals (ANIP) Surges on Generic Products Acquis

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Shares of ANI Pharmaceuticals, Inc. (ANIP) surged on Friday's market activity after the company reported that it has acquired 31 previously marketed generic-drug products from Teva Pharmaceuticals for $12.5 million in cash and a percentage of future gross profits from product sales.

ANIP will begin work immediately on transferring these products into its manufacturing facilities in anticipation of product launches beginning in the fourth quarter of 2014. All of these products have been previously approved by FDA as abbreviated new drug-applications (ANDAs). The total current annual market for these products is $860 million per IMS Health.

According to ANIP , when launched, these products will strengthen the company's business by growing its revenue base and leveraging its manufacturing capabilities.

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ANIP is an integrated specialty pharmaceutical company developing, manufacturing, and marketing branded and generic prescription pharmaceuticals.

More about ANI Pharmaceuticals, Inc. (ANIP) at www.anipharmaceuticals.com .

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Social media are Internet sites where people interact freely, sharing and discussing information about each other and their lives, using a multimedia mix of personal words, pictures, videos and audio. At these Web sites, individuals and groups create and exchange content and engage in person-to-person conversations.

Crown Equity Holdings Inc. (CRWE) is looking to deliver value for its stockholders in both the near and long term, and to improve the potential future growth for the company, is targeting the multi-billion dollar social networking service market.

CRWE is currently developing a social networking service and phone app, CRWE Network (CRWE-PR), that is designed to target all the communities in every state of the United States.

CRWE ‘s business plan is based on selling advertising to local businesses. Its goal is to facilitate exchanges of goods and services in a manner similar to Craigslist, a classified advertisements website with sections devoted to jobs, housing, personals, for sale, items wanted, services, community, gigs, résumés, and discussion forums.

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CRWE offers advertising branding and marketing services as a worldwide online multi-media publisher.

More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com .

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