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Supplier News

PharmaSmart names COO, hires former Safeway Rx exec

PharmaSmart International Inc. has promoted Ashton Maaraba to chief operations officer, a newly created position. The blood pressure management, health IT and pharmacy health services company also said this week that it has hired Matthew Bryant as corporate controller and former Safeway Inc.

Sandoz to acquire Fougera for $1.5 billion

Sandoz, the generic drug subsidiary of Novartis, plans to buy Fougera Pharmaceuticals in a cash deal of about $1.53 billion. Novartis said late Wednesday that, pending regulatory approvals, it expects to finalize the transaction in the second half of this year.

Sanofi launches glucose meter for iPhone, iPod

Sanofi has announced the U.S. launch of the iBGStar Blood Glucose Monitoring System, which the company said is the first Food and Drug Administration-approved blood glucose meter that connects directly to the Apple iPhone and iPod touch.