Introduction

Impax Laboratories, Inc. ("we," "us," "our," "the Company" or "IMPAX") is a specialty pharmaceutical company focused on the development and commercialization of specialty generic and branded pharmaceuticals, utilizing our in-house development and formulation expertise. In the specialty generic pharmaceuticals market, we are focusing our efforts on selected controlled-release generic versions of branded pharmaceuticals and on niche generic pharmaceuticals such as those that utilize difficult to obtain raw materials, require special handling or are technically challenging to develop. In the branded pharmaceuticals market, we are focusing our efforts on the...