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Supplier News Breaks Archives PharmaSmart International and Microlife Corp. have formed a strategic partnership to develop what they call a "total cardiovascular risk factor solution." Innovation has been awarded a five-year pact to provide pharmacy automation solutions to th U.S. Navy. Parata Systems has teamed up with pharmacy business consultancy Pharmacy Development Services (PDS) to launch a medication adherence training program for retail pharmacists. Physicians Formula Holdings Inc. has agreed to be acquired by Swander Pace Capital for $65 million. TeleManager Technologies Inc. has added a component to its iRefill Connect suite that allows drug store customers to perform pharmacy functions through the social media site Facebook. Pfizer Inc. is slated to market over-the-counter Nexium (esomeprazole magnesium) under an agreement with AstraZeneca. Hangover Joe's, maker of The Hangover Recovery Shot, is expanding distribution to more retail stores in the United States and beyond. Sun Pharmaceutical Industries Ltd. and Taro Pharmaceutical Industries Ltd. have entered into a merger agreement in which Sun Pharma will buy out Taro for $571 million.
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