Key Developments: Aceto Corp (ACET.O)

ACET.O on Nasdaq

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Latest Key Developments (Source: Significant Developments)

Aceto Corp's Rising Pharmaceuticals Inc Announces To Launch Generic Version Of Cleocin Pediatric
Monday, 26 Nov 2012 09:49am EST 

Aceto Corp's Rising Pharmaceuticals Inc. announced that it has launched the generic version of the 75mg/5mL strength of Clindamycin Palmitate Hydrochloride for Oral Solution, USP (Pediatric), an FDA approved generic version of Pfizer Inc.'s Cleocin Pediatric. According to IMS Health data, U.S. market sales for Clindamycin Palmitate Hydrochloride, which is an antibiotic that is used to treat serious infections caused by bacteria, were approximately $59 million for the twelve months ended June 30, 2012.  Full Article

Aceto Corp's Rising Pharmaceuticals Inc Announces to Launch First Generic Version of Gris-PEG
Monday, 19 Nov 2012 10:20am EST 

Aceto Corp's Rising Pharmaceuticals Inc announced that it will launch the first generic version of the 125mg and 250mg strengths of Ultramicrosize Griseofulvin Tablets USP, an FDA approved generic version of PEDiNOL Pharmacal, Inc.'s Gris-PEG. According to IMS Health data, U.S. market sales for Ultramicrosize Griseofulvin Tablets, which is an antifungal antibiotic that fights infections caused by fungus, were approximately $16.7 million for the twelve months ended June 30, 2012.  Full Article

Aceto Corp Outlines Chief Executive Officer Succession Plan
Friday, 7 Sep 2012 06:59am EDT 

Aceto Corp announced that as part of the Company's Management Succession Plan, effective January 2, 2013 Albert Eilender, Chairman and Chief Executive Officer will step down from his position as Chief Executive Officer while retaining his duties as Chairman of the Board. The Board of Directors elected Salvatore Guccione, currently President and Chief Operating Officer and member of the Board, to succeed him as Chief Executive Officer, effective January 2, 2013.  Full Article

Aceto Corp Declares Regular Quarterly Dividend Of $0.055 Per Share
Thursday, 6 Sep 2012 05:00pm EDT 

Aceto Corp announced that its Board of Directors declared a regular quarterly dividend of $0.055 per common share. This quarterly cash dividend will be distributed on September 28, 2012 to shareholders of record as of September 17, 2012. This quarterly dividend represents an increase of 10% on an annualized basis.  Full Article

CORRECTED-U.S./Canada daily earnings hits & misses Feb 06 - 1800 ET (Feb 6)

(In Feb. 6 table, corrects revenue estimate for Aceto Corp to $119.2 million from $147.0 million. The difference between the estimate and actual number changes accordingly. The incorrect data appeared in earlier versions of the same table) Feb 6 - The following U.S. and Canada-listed companies reported earnings on Thursday. This list shows whether they beat, met or missed Wall Street analysts' forecasts. It also shows the difference between analysts' expectations and reported resul

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