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Our business faces competition from manufacturers of patented brand products who do not face any significant regulatory approvals or barriers to entry into the generics market.
These manufacturers sell generic versions of their products to the market directly or by acquiring or forming strategic alliances with our competitor generic pharmaceutical companies or by granting them rights to sell "authorized generics." Moreover, manufacturers of patented brand buy xanax in europe products continually seek new ways to delay the introduction of generic products and decrease the impact of generic competition, such as filing new patents on drugs whose original patent protection is about to buy xanax in europe expire, buy delivery hydrocodone saturday developing patented controlled-release products, changing product claims and product labeling, or developing and marketing as over-the-counter products those patented brand products which are about to face generic competition. Our success and profitability depends on us being the go buy tramadol online first to market the generic version of a drug and benefitting from our first mover advantage. Any failure on our part to gain such an advantage could adversely affect our profitability and results of operations. We also operate in a rapidly consolidating industry. Our competitors are consolidating, and the strength of the combined companies could affect our buy xanax in europe competitive position in all of our business areas.
Furthermore, if one of our competitors or their customers acquires any of our customers or suppliers, we may lose business from the customer or lose a supplier of a critical raw material, which may adversely affect our business, prospects, results of operations and financial condition. 11.Any manufacturing or quality control problems may damage our reputation for high quality production and expose us to potential litigation or other liabilities, which would negatively impact our business, prospects, results of operations and financial condition. Pharmaceutical manufacturers are subject to significant regulatory scrutiny in most jurisdictions.
We must register our facilities, whether located in India or elsewhere with regulatory authorities and our products must be made in a manner consistent with current good manufacturing practices ("cGMP") stipulated by the FDA, WHO-GMP or similar standards in each territory in, or for, which we manufacture. In addition, regulatory authorities buy xanax in europe and other agencies periodically inspect our manufacturing facilities. Compliance with buy xanax in europe production and quality control regulations requires substantial expenditure of resources. Further, we also engage with contract manufacturers for production of certain of our products and expect that the party operating such facility will operate in a manner consistent with cGMP and obtain and maintain all required approvals. In addition, we are required to meet various quality standards and specifications for our customers under our supply contracts, including adhering to various good manufacturing practices in the international industry, and conditions imposed under statutory or regulatory approvals, and quality certifications.
Typically, disputes in connection with alleged non-conformity of our products with such quality standards and/or specifications are referred to independent testing laboratories, whose decision in that respect is typically deemed final.
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