Stock Report: Hi-Tech Pharmacal Co. Inc. (HITK) Report Updated: May 20, 2013 | Print This Page

Hi Tech Pharmacal Co., Inc., a specialty pharmaceutical company, engages in developing, manufacturing, and marketing prescription, over-the-counter (OTC), and nutritional products in the United States. The company offers a range of products for various disease states, including glaucoma, asthma, bronchial disorders, dermatological disorders, allergies, pain, stomach, and oral care. Its generic pharmaceutical products include oral solutions and suspensions, topical creams and ointments, and nasal sprays. The company also manufactures liquid ophthalmic, otic, and inhalation products. In addition, it markets a line of OTC branded products, such as Diabetic Tussin, DiabetiDerm, Multi-betic, Mag-Ox, Choice DM, and DiabetiSweet primarily for people with diabetes; capsaicin products under the Zostrix name for pain management of conditions comprising arthritis and foot pain; Nasal Ease homeopathic allergy reliever; and Sinus Buster homeopathic sinus congestion reliever. Further, the company markets and distributes branded prescription pharmaceutical products to treat various disease states, including tension headache, pain, contact dermatitis, wound care, sleep disorders, and swimmer’s ear. Hi Tech Pharmacal Co., Inc. market its products to chain drug stores, drug wholesalers, managed care purchasing organizations, federal government agencies, generic distributors, mass merchandisers, and mail order pharmacies. The company was founded in 1982 and is based in Amityville, New York.