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Pharmacy

Government shutdown having major effect on FDA

Government shutdown having major effect on FDA

The U.S. Food and Drug Administration has roughly five weeks of funding left to review new drug applications during the shutdown, commissioner Dr. Scott Gottlieb reported this past week on Twitter.

CVS, Walmart reach new PBM network deal

CVS, Walmart reach new PBM network deal

CVS Health and Walmart today announced the companies have reached a multi-year agreement on terms under which Walmart will continue participating in the CVS Caremark pharmacy benefit management (PBM) commercial and Managed Medicaid retail pharmacy networks.

Express Scripts recognized for supplier diversity

Express Scripts recognized for supplier diversity

ST. LOUIS –  Express Scripts, part of Cigna Corp., was recently named “Corporation of the Year” for its commitment to sustainable strategic partnerships with minority business enterprises by the Mid-States Minority Supplier Development Council (Mid-States MSDC).

Shopko files for Chapter 11 bankruptcy

Shopko files for Chapter 11 bankruptcy

Shopko Stores Operating Co. announced today that it has filed for Chapter 11 bankruptcy protection. The retailer reported that it would also be closing 38 stores as part of a reorganization process that was prompted by “excess debt and ongoing competitive pressures.

Aurobindo receives FDA approval for letrozole tablets

Aurobindo receives FDA approval for letrozole tablets

EAST WINDSOR, N.J. – Aurobindo Pharma has received final approval from U.S. Food and Drug Administration for its Abbreviated New Drug Application for letrozole tablets USP, 2.5 mg. Aurobindo’s letrozole tablets are an AB-rated generic equivalent to the reference listed drug, Novartis’ Femara.

Camber Pharmaceuticals launches generic Albenza

Camber Pharmaceuticals launches generic Albenza

Camber Pharmaceuticals announces the addition of albendazole tablets to its growing portfolio of products. Albendazole tablets are the generic version of Albenza from Impax Labs and is used to treat infections of tapeworms or other parasites.