FTC comments on FDA biosimilar naming guidance
The staff of the Federal Trade Commission has submitted comment for the Food and Drug Administration’s draft guidance on nonproprietary names for biological products.
CDR
CFO Karst promoted at Rite Aid
Rite Aid Corp. chief financial officer Darren Karst has been promoted to senior executive vice president and added the title of chief administrative officer. Rite Aid said late Wednesday that the appointment is effective immediately. Karst previously was executive vice president and CFO.
Snyder’s-Lance to acquire Diamond Foods
Snyder’s-Lance Inc. plans to buy Diamond Foods Inc. in a cash and stock deal valued at about $1.91 billion. The companies said Wednesday that the agreement, which includes the assumption of about $640 million in debt, will create a complementary, diversified portfolio of branded snack products.
WBA sheds little light on Rite Aid deal
The morning after announcing its $17.2 billion agreement to acquire Rite Aid, Walgreens Boots Alliance (WBA) didn’t have much to say about the deal. In a conference call on WBA’s fiscal 2015 results, company executives cited the synergies of scale and broader U.S.
Walgreens Boots Alliance finishes fiscal 2015 on high note
The morning after announcing its blockbuster deal to acquire Rite Aid Corp., Walgreens Boots Alliance Inc. reported earnings for its fiscal 2015 fourth quarter and full year that topped Wall Street’s forecast. The company — closing its first full year following the combination of Walgreen Co.
It’s official: Walgreens to buy Rite Aid for $17.2B
After headlines surfaced earlier in the day, Walgreens Boots Alliance Inc. made it official: The company has reached a deal to acquire Rite Aid Corp. for a total value of $17.2 billion. The companies announced the deal late Tuesday. Under the agreement, Walgreens Boots Alliance will buy Rite
Americans like their vitamins
Not only do more than two-thirds of Americans take vitamins and dietary supplements, but the vast majority also trusts in them, according to research by the Council for Responsible Nutrition (CRN).
Aurobindo generic of Ultram ER OK’d by FDA
Aurobindo Pharma Ltd. has received final approval from the Food and Drug Administration for tramadol hydrochloride extended-release tablets, an opioid pain medication (Class IV), in dosages of 100 mg, 200 mg and 300 mg.
Rite Aid’s latest take on the Wellness Store
Opened earlier this year, Rite Aid’s spacious store on Jonestown Road in Harrisburg, Pa., represents one of the latest prototypes of the retailer’s successful “Wellness Store” format. The suburban corner location, situated at 4999 Jonestown Rd.
Report: Walgreens in talks to buy Rite Aid
Walgreens Boots Alliance is in discussions about a possible acquisition of Rite Aid Corp., the Wall Street Journal reported. The Journal report said Tuesday that the talks are advanced and that a deal could be announced as soon as Wednesday.
EQuIPP pharmacy quality platform extends reach
The EQuIPP platform for measuring pharmacy performance has reached a milestone. Pharmacy Quality Solutions Inc. (PQS) said Monday that EQuIPP — to which 90% of U.S.
Endo cleared to market Belbuca dissolving film painkiller
Endo Pharmaceuticals Inc. and BioDelivery Sciences International Inc. have gained approval from the Food and Drug Administration for Belbuca buccal film (buprenorphine), an opioid treatment for chronic pain.
SKYN to offer Movember special edition package
Ansell’s SKYN brand is introducing a special Movember edition box of condoms for purchase at major retailers in the United States and Canada.
RB’s Amope makes foray into nail care
Reckitt Benckiser’s Amope foot care brand is expanding into nail care with the rollout of the Amope Pedi Perfect Electronic Nail Care System. The company said Monday that Amope’s Electronic Nail Care System helps women get shiny, natural-looking nails with just the push of a button.
Study: Appointment-based med sync gets results
Pharmacies offering appointment-based medication synchronization (ABMS) can improve patients’ adherence to their prescriptions and, in turn, produce better health outcomes, a study conducted for the National Community Pharmacists Association and Arkansas Pharmacists Association finds.
Walgreens assesses relationship with Theranos
Walgreens is mulling its next steps in its partnership with clinical lab testing provider Theranos Inc., whose technology has come under fire in recent media reports.