Skip to content

Supplier News

New chief takes over at Boehringer Ingelheim USA

Paul Fonteyne has been named U.S. country managing director and president and chief executive officer of Boehringer Ingelheim USA Corp. The Germany-based drug maker said this week that Fonteyne takes over that post from J.

CVS adopts ACI check management solution

CVS/pharmacy has implemented a check management system from ACI Worldwide Inc. that the technology provider said enables the drug chain to automate and lower the cost of check authorization. ACI said Monday that CVS/pharmacy, part of CVS Caremark Corp.

Watson releases Yaz generic

Watson Pharmaceuticals Inc. has begun shipping a Vestura, an oral contraceptive. The company said late Wednesday that the product was launched by its Watson Pharma Inc. subsidiary. Vestura (drospirenone 3 mg and ethinyl estradiol 0.

Kodak files for Chapter 11 bankruptcy

Eastman Kodak Co., an iconic U.S. company and at one time a core supplier to chain drug stores, has filed for Chapter 11 bankruptcy protection. Kodak said Thursday that the company and its subsidiaries made the filing for Chapter 11 business reorganization in the U.S.

Gilead closes deal to acquire Pharmasset

Gilead Sciences Inc. has completed its acquisition of Pharmasset Inc., a clinical-stage pharmaceutical firm. Gilead said late Tuesday that its subsidiary, Royal Merger Sub II Inc., has finalized the transaction to buy Pharmasset for $137 per share in cash, or about $11.2 billion.

Kraft plans U.S. sales revamp, layoffs

Kraft Foods Inc. plans to realign its U.S. sales organization and lay off about 1,600 employees as it readies for a spin-off of its grocery business, splitting the food manufacturing giant into two public companies.

GE, Bionime partner on blood glucose meter

GE Healthcare has entered into a global licensing pact with medical testing product specialist Bionime Corp. to provide new GE-branded solutions for the diabetes market. The GE100 Blood Glucose Monitoring System is the lead-off product in the GE-Bionime partnership. The General Electric Co.