Intangible Assets (Tables)

6 Months Ended

Dec. 31, 2012

Intangible Assets

Summary of Intangible assets, net

	Gross Carrying Amount				Accumulated Amortization						Intangible Assets, Net
(In thousands)	December 31, 2012		June 30, 2012		December 31, 2012			June 30, 2012			December 31, 2012		June 30, 2012
JSP Marketing and Dist. Rights	$	16,062	$	16,062	$	(13,831	)	$	(12,939	)	$	2,231	$	3,123
Cody Labs Import License	582		582		(173		)	(154		)	409		428
Morphine Sulfate Oral Solution NDA	398		398		(38		)	(24		)	360		374
Other ANDA Product Rights(A)	600		600		(112		)	(96		)	488		504
	$	17,642	$	17,642	$	(14,154	)	$	(13,213	)	$	3,488	$	4,429

(A)  The amounts above include the product line covered by the ANDA’s purchased in August 2009 for $149.  These ANDA’s are not being amortized at this time and will continue to be un-amortized intangible assets until such time as the Company begins shipping these products.

Summary of intangible assets, net activity

(In thousands)	Intangible assets, net
Balances at July 1, 2012	$	4,429
Additions	—
Amortization	(941		)
Impairments	—
Balances at December 31, 2012	$	3,488

Summary of future annual amortization expense

(In thousands) Fiscal Year Ending June 30,	Annual Amortization Expense
2013	$	941
2014	1,435
2015	97
2016	97
2017	97
Thereafter	672
	$	3,339