Cardinal Health Inc. has finalized its acquisition of Healthcare Solutions Holding LLC. The pharmaceutical and health care products distributor announced the $517 million cash deal early last month, saying that the agreement would expand the company’s presence in specialty pharmaceutical services.
An advisory committee to the Food and Drug Administration has recommended that GlaxoSmithKline PLC’s (GSK) diabetes drug Avandia should remain on the market, but possibly with tough new restrictions and new warnings.
Dietary supplements supplier NBTY Inc. has agreed to be purchased by private equity firm Carlyle Group for $3.8 billion in one of the biggest private equity deals thus far in 2010. Carlyle’s $55 a share cash offer is 47% above NBTY’s stock close on Wednesday. NBTY announced the deal a day after
Pharmaceutical Research and Manufacturers of America (PhRMA) has named John Castellani its new president and chief executive officer, effective September 1.
Merck & Co. is planning to phase out operations at eight research sites and eight manufacturing sites. It is also continuing to consolidate office facilities worldwide as part of the global merger restructuring program that began last December following its acquisition of Schering-Plough Corp.
McNeil Consumer Healthcare is recalling 21 lots of over-the-counter medicines under the Benadryl, Tylenol, Children’s Tylenol and Motrin banners in a follow-up to a January recall.
Later this month, Walgreens drug stores in the Philadelphia area are slated to begin carrying Wings of Nature snack bars from Fresh Harvest Products Inc. Fresh Harvest said Thursday that plans call for the snack bars to be available in about 90 Walgreens stores in the Philadelphia region.
Later this year, Strativa Pharmaceuticals plans to ship Zuplenz oral soluble film for the prevention of postoperative, highly and moderately emetogenic cancer chemotherapy-induced and radiotherapy-induced nausea and vomiting.
Caraco Pharmaceutical Laboratories Ltd. has begun shipping azelastine ophthalmic solution 0.05%. The company said Tuesday that the product was recently approved by the Food and Drug Administration for Sun Pharma’s abbreviated new drug application.
The Coppertone Solar Research Center has initiated a call to action to improve Americans’ sun protection education and encourage adoption of healthier sun care behavior in the wake of an expert panel at its Suncare 2020 Symposium held recently in New York City.
Homeolab USA has added an analgesic and fever-reducing formula to its line of homeopathic remedies for children. The company said its Kids Relief Pain & Fever liquid offers a natural, safe and acetaminophen-free alternative to other children’s analgesics.
WellSpring Pharmaceutical Corp. offers over-the-counter medications that consumers have relied on for decades.
Sanofi-aventis and the Juvenile Diabetes Research Foundation (JDRF) are partnering to develop therapeutic treatments for people with type 1 diabetes at different stages of the disease, as well as to prevent diabetes in those at risk.
AstraZeneca has launched a patient support program for postmenopausal women with hormone receptor-positive early breast cancer who are prescribed Arimidex.
Scott Verner has been appointed president at Nipro Diagnostics Inc., which was formed last month with the merger of Home Diagnostics Inc. and Nipro Diabetes Systems.
Walgreen Co. this week plans to roll out what it calls a "hot" and "must-have" toy on store shelves nationwide. The drug store chain said Wednesday that it will carry Paper Jamz guitars, drums and amplifiers.
