Avanir to be acquired by Otsuka for $3.5 billion
Avanir Pharmaceuticals Inc. has entered into an agreement to be acquired by Otsuka Pharmaceutical Co. Ltd. in a deal valued at $3.5 billion.
Supplier News
Actavis ships generic version of Intuniv
Actavis plc has released guanfacine hydrochloride tablets as part of a settlement agreement with Shire plc. Actavis said Monday that its product is a generic version of Shire’s Intuniv tablets, a medication for attention deficit hyperactivity disorder (ADHD).
Teva rolls out Exforge HCT generic in U.S.
Teva Pharmaceutical Industries Ltd. has launched amlodipine/valsartan/hydrochlorothiazide tablets, a hypertension medication, in the United States. Teva said Monday that its product is a generic equivalent of Exforge HCT tablets from Novartis.
PepsiCo announces global leadership appointments
PepsiCo make has made a pair of key executive appointments for its global operations. The food and beverage giant said Monday that Enderson Guimaraes, currently chief executive officer of PepsiCo Europe, has been named executive vice president of global categories and operations for PepsiCo.
Jelly Belly unveils Draft Beer Jelly Bean Bottles
Jelly Belly Candy Co. has introduced Draft Beer Jelly Bean Bottles in their own point-of-purchase display. Jelly Belly said Tuesday that the miniature plastic bottle is filled with 1.5 ounces of the Jelly Belly Draft Beer jelly beans, which made their debut this past spring.
Endo acquires rights to Natesto testosterone nasal gel
Endo International plc has purchased the rights to Natesto testosterone nasal gel from Trimel BioPharma SRL, a subsidiary of Trimel Pharmaceuticals Corp.
Bayer Consumer Care’s Heist to retire
David Heist, director of industry affairs and customer relations at Bayer Consumer Care, has announced his retirement. In an e-mail message to industry colleagues on Monday, Heist said he plans to retire from Bayer on May 1, 2015. He has served in his current position at Bayer for 20 years.
Perrigo releases Protopic authorized generic
Perrigo Co. plc has launched an authorized generic version of Protopic Ointment 0.1% and 0.03%. Perrigo said Monday that it has begun shipping its generic product to pharmacies. Protopic Ointment (tacrolimus), from Astellas U.S. LLC, is indicated for the treatment of moderate to severe eczema.
McKesson to distribute generics to Omnicare
McKesson Corp. and Omnicare Inc. have expanded their distribution pact to include the sourcing and distribution of branded, specialty and generic pharmaceuticals. The companies said Monday that the new five-year distribution agreement extends to December 2019.
Cardinal, Henry Schein to merge physician office businesses
Cardinal Health Inc. has entered a long-term agreement in which it will consolidate its physician office commercial organization into the medical group of health care supplier Henry Schein Inc.
Purdue to roll out abuse-deterrent hydrocodone product
Purdue Pharma L.P. has received approval from the Food and Drug Administration for Hysingla ER (hydrocodone bitartrate) extended-release tablets CII, an opioid pain reliever.
Crossmark names Marketing Solutions Group president
Jim Norred has been appointed as president of the Marketing Solutions Group at Crossmark. Jim Norred The sales and marketing firm said Thursday that Norred will lead a group that provides insight-driven marketing solutions to address the day-to-day challenges that brands experience.
Dr. Reddy’s launches generic Allegra-D 12-Hour
Dr. Reddy’s Laboratories has announced the U.S. rollout of over-the-counter fexofenadine hydrochloride and pseudoephedrine hydrochloride extended-release tablets 60 mg/120 mg, a cold/allergy medication. Dr.
SensatioNail signs first celebrity ambassador
SensatioNail has signed actress Gabrielle Union as its first celebrity brand ambassador and creative advisor.
Moberg Pharma appoints U.S. GM
Moberg Pharma AB has named Jeff Vernimb as general manager of its U.S. operations. The Sweden-based pharmaceutical company said Thursday that Vernimb’s appointment, effective Dec. 15, also makes him a member of Moberg’s management team.
Amneal releases Activella authorized generic
Amneal Pharmaceuticals LLC has launed Lopreeza tablets (estradiol/norethindrone acetate), a menopause medication, in 0.5 mg/0.1 mg and 1 mg/0.5 mg strengths.