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Supplier News

Kraft gives timetable for grocery business spin-off

Kraft Foods Inc. plans to spin off its North American grocery business on Oct. 1. The packaged foods giant said Thursday that the spin-off of Kraft Foods Group Inc. to shareholders is scheduled for 5 p.m. EST on Oct. 1, with the final effective date and terms of the spin-off subject to

Crest, Oral-B team with actress Jennie Garth

In tandem with the launch of a new power toothbrush for kids, Crest and Oral-B have allied with actress and mom Jennie Garth to encourage children to brush up on their oral hygiene before heading back to school this fall. The Procter & Gamble oral care brands said Thursday that along with Garth,

Watson gets OK for children’s asthma drug

Watson Pharmaceuticals Inc. has received approval from the Food and Drug Administration for budesonide inhalation suspension 0.25mg/2ml and 0.5mg/2ml (unit-dose ampules), an asthma medication for children.

McLane to buy foodservice wholesaler

McLane Co. plans to acquire Meadowbrook Meat Co. (MBM), a national foodservice distributor. Financial terms of the deal weren’t disclosed. McLane chief executive officer Grady Rosier stated Thursday that the acquisition expands McLane’s portfolio of companies in the food and beverage industries.

Taro nixes Sun Pharma buyout bid

Taro Pharmaceutical Industries Ltd. has given a thumbs-down to an unsolicited buyout proposal by Sun Pharmaceutical Industries Ltd. Taro said Thursday that a special committee of its board unanimously rejected the Oct.

Not Your Mother’s supports breast cancer organization

Not Your Mother’s hair care plans to donate 10% of all of its online sales during October to the Young Survival Coalition (YSC) in recognition of Breast Cancer Awareness Month. The company said that in addition to the donation through business on its nymbrands.

VIVUS gets FDA OK for obesity drug

VIVUS Inc. has been cleared by the Food and Drug Administration to market Qsymia, a weight-loss pill aimed at adults struggling with obesity and related health conditions.

Lannett appoints new chairman

Jeffrey Farber, vice chairman at Lannett Co., has been named chairman, succeeding Ronald West. The generic drug maker said Monday that Farber takes over the chairman’s post effective immediately.