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Senate passes bill to bolster Rx supply chain

Senate passes bill to bolster Rx supply chain

The National Association of Chain Drug Stores and the National Community Pharmacists Association hailed the Senate’s passage of the Drug Quality and Security Act, which provides more uniformity for regulation of the pharmaceutical supply chain, including pharmacy compounding.

Elan shareholders OK sale to Perrigo

The shareholders of Elan Corp. plc have approved the company’s acquisition by Perrigo Co. Ireland-based Elan said Monday that the approval came via two special meetings of shareholders: a special court-ordered meeting and an extraordinary general meeting.

Mylan releases generic version of Focalin XR

Mylan Inc. has launched dexmethylphenidate hydrochloride extended-release capsules (30 mg), a medication for attention deficit hyperactivity disorder (ADHD). The company said Monday that the product, launched by its Mylan Pharmaceuticals Inc.

Bristol-Myers Squibb makes senior management changes

Bristol-Myers Squibb Co. has made changes in its senior management team as part of a plan to evolve its business model, in which it’s creating a global, integrated commercial organization and expanding the scope of its finance organization.

Akorn to buy three ophthalmic products from Merck

Akorn Inc. plans to acquire the U.S. rights to three branded ophthalmic products from Merck & Co. Akorn said Friday that the move includes product rights obtained through the acquisition of Inspire Pharmaceuticals Inc., a subsidiary of Merck, for $52.8 million in cash.

Kimberly-Clark eyes spinoff of health unit

The board of Kimberly-Clark Corp. has authorized management to explore a potential tax-free spinoff of the company’s health care business. Kimberly-Clark said Thursday that a spinoff of K-C Health Care would create a stand-alone, publicly traded health care company with about $1.

Rite Aid tests new concept for beauty care

A new beauty care concept is being tested by Rite Aid Corp. at some of the drug chain’s "wellness store" locations. At the Rite Aid on Hudson Street in Manhattan’s Greenwich Village, fashion magazine-style photo signage is prominent throughout the beauty section.

Bartell pilots digital print media kiosk

Bartell Drugs is testing a state-of-the-art system that will let its customers print anything from a personal photo book to a classic novel in just minutes. The full-service digital-to-print media center features On Demand Books’ in-store Espresso Book Machine integrated with Kodak Picture Kiosks.