Skip to content

CDR

Lannett cleared to market Cosopt generic

Lannett Co. has received approval from the Food and Drug Administration for dorzolamide hydrochloride and timolol maleate ophthalmic solution (2%/0.5%). Lannett said Thursday that its product is a generic equivalent of Cosopt Ophthalmic Solution (2%/0.5%) from Oak Pharmaceuticals Inc.

Kraft Foods chairman to become CEO

John Cahill, chairman of Kraft Foods Group Inc., is slated to add the title of chief executive officer, succeeding Tony Vernon, who is retiring. Kraft said Thursday that Vernon plans to retire as CEO on Dec. 27, the end of the company’s fiscal year. Plans call for him to remain as a

Rite Aid 3Q earnings top Wall Street’s forecast

Rite Aid Corp. posted fiscal 2015 third-quarter earnings per share well above Wall Street’s projections. Rite Aid said Thursday that for the third quarter ended Nov. 29, net income came in at $104.8 million, or 10 cents per diluted share, up from $71.5 million, or 4 cents per diluted share, a

Coca-Cola appoints chief customer officer

Julie Hamilton has been named chief customer and commercial leadership officer at The Coca-Cola Co. The beverage giant said Tuesday that Hamilton will assume the post effective April 1 and report directly to chairman and chief executive officer Muhtar Kent.

Endo plans changes to senior management team

Endo International plc is implementing a new management structure that will bring changes to its executive leadership and senior management team. Plans call for Endo’s U.S. Branded Pharmaceuticals and U.S.

McKesson solution helps pharmacists offer Rx savings

McKesson Patient Relationship Solutions (MPRS) has launched LoyaltyScript@Retail, a solution designed to give pharmacists a convenient way to provide patients with savings and enhanced care at the point of dispensing. The McKesson Corp.

CeraVe to expand skin care lineup

Early next year, Valeant Pharmaceuticals North America plans to add four new products to its CeraVe skin care line. CeraVe’s new products include the Skin Renewing Cream Serum, Skin Renewing Night Cream, Renewing SA Cleanser and Hydrating Cleanser Bar.

Johnson & Johnson names consumer worldwide chairman

Johnson & Johnson has hired former Procter & Gamble Co. executive Jorge Mesquita as worldwide chairman for the Johnson & Johnson Family of Consumer Companies. J&J said Wednesday that Mesquita is slated to start in the new position on Dec. 15.

Generic Celebrex products hit the market

In the wake of patent settlements with Pfizer Inc. earlier this year, Teva Pharmaceutical Industries Ltd., Mylan Inc. and Actavis plc have rolled out generic versions of the blockbuster anti-inflammatory pain relief drug Celebrex.