Skip to content

CDR

Lannett ships Paxil CR generic

Lannett ships Paxil CR generic

Lannett Co. has been cleared by the Food and Drug Administration to market paroxetine extended-release tablets, an antidepressant, in strengths of 12.5 mg, 25 mg and 37.5 mg. The company said its product, a generic version of Paxil CR extended-release tablets (12.5 mg, 25 mg and 37.

Blistex acquires TUCKS brand

Blistex acquires TUCKS brand

Blistex Inc. has purchased the TUCKS brand of over-the-counter rectal medications from Johnson & Johnson Consumer Inc. Financial terms of the agreement weren’t disclosed. Blistex said Monday that the deal includes the TUCKS businesses in North America as well as international trademark rights.

Chief executive of Sobeys steps down

Chief executive of Sobeys steps down

Marc Poulin has left his posts as president and chief executive officer of Sobeys Inc. and the Canadian food and drug retailer’s parent company, Empire Co. His sudden departure, announced by Empire’s board on Friday, comes just over a week after Empire reported a $2.13 billion net loss for its 2016

WBA’s Gourlay: We’ll work with Valeant

WBA’s Gourlay: We’ll work with Valeant

During the Walgreens Boots Alliance’s conference call this week on its third-quarter results, co-COO Alex Gourlay told analysts that WBA will address Valeant Pharmaceuticals International’s concerns about its distribution arrangement with the company.

Pessina: WBA on target with Rite Aid deal

Pessina: WBA on target with Rite Aid deal

Stefano Pessina said Walgreens Boots Alliance remains in the ballpark in terms of likely store divestitures that the Federal Trade Commission will require for WBA to finalize its deal to acquire Rite Aid Corp. “We still believe that our initial estimate is correct.

Mylan releases Fenoglide generic

Mylan releases Fenoglide generic

Mylan N.V. has launched fenofibrate tablets 40 mg and 120 mg, a cholesterol-lowering drug, in the United States. Mylan said Wednesday that its fenofibrate product is a generic version of Fenoglide tablets from Santarus.

Walgreens Boots Alliance posts 3Q gains

Walgreens Boots Alliance posts 3Q gains

Walgreens Boots Alliance (WBA) saw sales and adjusted net earnings rise in its fiscal 2016 third quarter, with adjusted earnings per share exceeding Wall Street’s consensus forecast. WBA said Wednesday that its pending acquisition of Rite Aid Corp.

New Jean Coutu directors include Google Canada exec

New Jean Coutu directors include Google Canada exec

Stockholders of the Jean Coutu Group elected two new directors to the company’s board at its annual shareholders meeting. The Canadian pharmacy operator said late Tuesday that Marie-Josée Lamothe and Michael Hanley have joined the board.

Mirixa names Harvey as CEO

Mirixa names Harvey as CEO

Former Liberty Medical chairman and chief executive officer Frank Harvey has joined medication therapy management (MTM) service provider Mirixa Corp. as CEO. Mirixa, which announced the appointment Tuesday, said Harvey also will serve on the company’s board of directors.