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Supplier News

Senior management changes at Bristol-Myers Squibb

Bristol-Myers Squibb Co. has announced some executive moves within its senior management team. The company said Wednesday that Giovanni Caforio has been promoted to president of U.S. Pharmaceuticals. He previously was senior vice president of oncology and immunology global commercialization.

Prasco to distribute Aspen branded drugs

Prasco Laboratories has been named the exclusive U.S. distributor and pharmaceutical services provider for Aspen Global branded prescription drugs. Prasco said Tuesday that Aspen Global, a subsidiary of South Africa-based Aspen Pharmacare Holdings Ltd., is Africa’s largest pharmaceutical company.

Sandoz to add Falcon eye products from Alcon

The ophthalmic and otic products of Falcon Pharmaceuticals Ltd., the U.S. generics business of Alcon Inc., are being brought under the Sandoz umbrella. Sandoz, the generic pharmaceuticals arm of Novartis, said Tuesday that the Falcon products are slated to become part of its U.S.

Lannett ships three new generics

Lannett Co. has launched a trio of new generic drug products recently approved by the Food and Drug Administration. The new generic medications include two appetite suppressants — diethylpropion tablets (25 mg) and phentermine HCI capsules (37.

Teva wraps up Cephalon acquisition

Teva Pharmaceutical Industries Ltd. has closed its acquisition of Cephalon Inc. Teva said that as of Friday, Cephalon became a wholly owned subsidiary of and ceased to be traded on Nasdaq. The two pharmaceutical companies unveiled the $6.8 billion deal this past spring.

Beiersdorf sets CEO succession plan

Next spring, Beiersdorf AG will have a new chief executive officer at the helm. The supervisory board of the skin care and cosmetics manufacturer has named Stefan Heidenreich as the company’s next chief executive officer. Plans call for Heidenreich to take the reins as CEO on April 26, 2012.