Content about Business Relation

August 9, 2012

AstraZeneca paid $3.2 billion to Amylin Pharmaceuticals Thursday following the latter's acquisition by Bristol-Myers Squibb, AstraZeneca and Bristol said.

PRINCETON, N.J. — AstraZeneca paid $3.2 billion to Amylin Pharmaceuticals Thursday following the latter's acquisition by Bristol-Myers Squibb, AstraZeneca and Bristol said.

The payment was made as part of the expansion of a deal between the drug manufacturers made in 2007 to develop diabetes drugs. Bristol announced Wednesday that it had completed its acquisition of Amylin, making the San Diego-based drug maker a wholly owned subsidiary.

August 3, 2012

Mylan and Gilead Sciences have made an agreement under which Mylan will have rights to produce and market generic versions of Gilead drugs for HIV and AIDS in developing countries.

PITTSBURGH — Mylan and Gilead Sciences have made an agreement under which Mylan will have rights to produce and market generic versions of Gilead drugs for HIV and AIDS in developing countries.

The agreement, involving Gilead and Mylan subsidiary Mylan Labs Ltd., centers around drugs containing emtricitabine, the active ingredient in such drugs as Emtriva, and such fixed-dose combinations as Truvada (emtricitabine and tenofovir disoproxil fumarate) and the experimental Quad.

August 2, 2012

Walgreens and Alliance Boots on Thursday announced the completion of Walgreens' initial investment in the strategic partnership following receipt of all required regulatory approvals.

DEERFIELD, Ill. — Walgreens and Alliance Boots on Thursday announced the completion of Walgreens' initial investment in the strategic partnership following receipt of all required regulatory approvals. 

The Walgreens investment consists of approximately $4 billion in cash and 83.4 million shares of Walgreens common stock in exchange for a 45% equity stake in Alliance Boots. Walgreens has the option to proceed to a full combination in approximately three years’ time by acquiring the remaining 55% of Alliance Boots.

July 24, 2012

CVS Caremark Charitable Trust has teamed up with the National Association of Community Health Centers through a $3 million multiyear partnership.

WOONSOCKET, R.I. — CVS Caremark Charitable Trust has teamed up with the National Association of Community Health Centers through a $3 million multiyear partnership.

The charitable arm of CVS Caremark said that beginning next year, the "Innovations in Community Health" program will make grants available to community health centers across the country to support the development of innovative, community-based programs and initiatives to manage chronic diseases. Funding through the grant program will support a variety of programs, including:

July 17, 2012

In an effort to curb vehicle air pollution, Manhattan-based retailer Duane Reade, which is owned by Walgreens, has teamed up with Mission Electric to create a public outreach campaign to determine which of its stores should be served solely by electric trucks.

NEW YORK — In an effort to curb vehicle air pollution, Manhattan-based retailer Duane Reade, which is owned by Walgreens, has teamed up with Mission Electric to create a public outreach campaign to determine which of its stores should be served solely by electric trucks.

July 9, 2012

Narrow networks. They're all the rage.

WHAT IT MEANS AND WHY IT'S IMPORTANT — Narrow networks. They're all the rage. If nothing else, narrow pharmacy benefit management networks emphasize local; and one analysis thread common among all the pundits discussing Walgreens' recent acquisition of USA Drug is that Walgreens just got a whole lot more local across the Southeast.

June 22, 2012

Just a few days after announcing their merger, Walgreens and Alliance Boots leaders sat down to discuss the value of their deal before analysts on Friday.

DEERFIELD, Ill. — Just a few days after announcing their merger, Walgreens and Alliance Boots leaders sat down to discuss the value of their deal before analysts on Friday.

Kicking off the Q&A-style meeting, Walgreens president and CEO Greg Wasson outlined how the drug store chain’s partnership with Alliance Boots came to fruition, noting that the opportunity was identified about 18 months ago. “Along the way ... real opportunities began to come to light, [and we learned] how we could create more value for the two companies,” Wasson told analysts.

June 19, 2012

AstraZeneca and Rigel Pharmaceuticals have entered an exclusive worldwide license agreement for the global development and commercialization of an investigational treatment for moderate to severe chronic asthma.

SOUTH SAN FRANCISCO, Calif. — AstraZeneca and Rigel Pharmaceuticals have entered an exclusive worldwide license agreement for the global development and commercialization of an investigational treatment for moderate to severe chronic asthma.

June 13, 2012

CVS Caremark’s MinuteClinic has announced that it is partnering with Florida Hospital Medical Group, a multispecialty physician group affiliated with Florida Hospital, in a clinical affiliation that expands access to healthcare services in central Florida.

WOONSOCKET, R.I. and MAITLAND, Fla. — CVS Caremark’s MinuteClinic has announced that it is partnering with Florida Hospital Medical Group, a multispecialty physician group affiliated with Florida Hospital, in a clinical affiliation that expands access to healthcare services in central Florida.

Under the agreement, FHMG physicians will serve as medical directors for 12 MinuteClinic walk-in medical clinics inside select CVS/pharmacy stores in Orlando and the surrounding counties of Lake, Orange, Osceola, Polk and Seminole.

May 24, 2012

CVS Caremark’s MinuteClinic has formed a clinical affiliation with Atlantic Health System to enhance access to healthcare services in northern and central New Jersey.

WOONSOCKET, R.I., and MORRISTOWN, N.J. — CVS Caremark’s MinuteClinic has formed a clinical affiliation with Atlantic Health System, one of the largest nonprofit healthcare systems in New Jersey — comprised of Morristown Medical Center, Goryeb Children's Hospital, Overlook Medical Center in Summit, N.J., and Newton Medical Center — to enhance access to healthcare services in northern and central New Jersey.

May 23, 2012

Retail-based clinic operator MinuteClinic, which is owned by CVS Caremark, is partnering with Hackensack University Health Network, the largest provider of inpatient and outpatient health services in New Jersey, in a clinical affiliation that expands access to healthcare services in northeast New Jersey.

WOONSOCKET, R.I., and HACKENSACK, N.J. — Retail-based clinic operator MinuteClinic, which is owned by CVS Caremark, is partnering with Hackensack University Health Network, the largest provider of inpatient and outpatient health services in New Jersey, in a clinical affiliation that expands access to healthcare services in northeast New Jersey.

May 21, 2012

The U.S. subsidiary of British drug maker GlaxoSmithKline and U.S.-based Auxilium Pharmaceuticals will co-promote a testosterone-replacement drug, the two said Monday.

MALVERN, Pa. — The U.S. subsidiary of British drug maker GlaxoSmithKline and U.S.-based Auxilium Pharmaceuticals will co-promote a testosterone-replacement drug, the two said Monday.

GSK and Auxilium announced an agreement for the co-promotion of Testim 1% (testosterone gel), used in men with conditions related to deficiency or absence of the hormone.

May 3, 2012

The recent loss of business from a key specialty pharmacy customer and the continued deluge of generic introductions will represent significant challenges for Cardinal Health in fiscal year 2013 as it approaches the year-end of its fiscal 2012, company executives told analysts during a conference call Thursday morning.

DUBLIN, Ohio — The recent loss of business from a key specialty pharmacy customer and the continued deluge of generic introductions will represent significant challenges for Cardinal Health in fiscal year 2013 as it approaches the year-end of its fiscal 2012, company executives told analysts during a conference call Thursday morning.

April 26, 2012

Shadow Beverages and GNC on Thursday launched a ready-to-drink GNC beverage line now available across Arizona and Nevada store locations.

PHOENIX — Shadow Beverages and GNC on Thursday launched a ready-to-drink GNC beverage line now available across Arizona and Nevada store locations.

The new GNC line consists of 14 beverages featuring scientifically advanced nutrition across the sports nutrition, nutritional waters and protein nutrition categories. It includes "extreme performance" drinks designed for the experienced athlete and "active" beverages formulated to meet the hydration and metabolic needs of everyday fitness enthusiasts.
 

April 17, 2012

A U.S. drug maker has made a deal with a Swiss company to manufacture and sell a new osteoporosis treatment in North America.

SAN ANTONIO — A U.S. drug maker has made a deal with a Swiss company to manufacture and sell a new osteoporosis treatment in North America.

Mission Pharmacal announced Tuesday a patent and technology licensing agreement with Freienbach, Switzerland-based EffRx Pharmaceuticals for Binosto (alendronate sodium) effervescent tablets in the United States and Canada. Financial terms were not disclosed.

April 13, 2012

Several health-and-wellness programs targeting professional drivers have been gaining traction in the past few months. And for the consumer packaged goods industry, professional drivers represent a crucial cog in the whole supply chain.

Several health-and-wellness programs targeting professional drivers have been gaining traction in the past few months. And for the consumer packaged goods industry, professional drivers represent a crucial cog in the whole supply chain. But it’s a cog that happens to be heavily indexed across many chronic disease states (e.g., obesity, diabetes, heart health) — and for a simple reason. There just aren’t that many healthy choices for those drivers putting the hammer down on the big road.


April 13, 2012

Walmart and healthcare partner Humana are out with a new prescription drug program called Rx4Value that guarantees savings and relies on the proven strategy of improving affordability by restricting choice to generic drugs.

BENTONVILLE, Ark. — Walmart and healthcare partner Humana are out with a new prescription drug program called Rx4Value that guarantees savings and relies on the proven strategy of improving affordability by restricting choice to generic drugs.

April 11, 2012

A Supervalu banner announced that it will offer patients access to a program created by UnitedHealth Group's Diabetes Prevention and Control Alliance.

MINNETONKA, Minn. — A Supervalu banner announced that it will offer patients access to a program created by UnitedHealth Group's Diabetes Prevention and Control Alliance.

April 11, 2012

Pacific Shaving, a maker of natural and eco-friendly shaving essentials, is celebrating in partnership with nonprofit organization Trees for the Future the planting of its 100,000th tree across 15 countries — from Brazil to Uganda.

SAN FRANCISCO — Pacific Shaving, a maker of natural and eco-friendly shaving essentials, is celebrating in partnership with nonprofit organization Trees for the Future the planting of its 100,000th tree across 15 countries — from Brazil to Uganda.

March 8, 2012

The market for drugs to treat diabetes — especially Type 2 diabetes — has shown quite a bit of activity lately.

The market for drugs to treat diabetes — especially Type 2 diabetes — has shown quite a bit of activity lately. At the end of January, the Food and Drug Administration approved Bydureon (exenatide), a once-weekly version of the drug Byetta, which was originally developed by Alkermes and subsequently developed further under an alliance between Amylin Pharmaceuticals and Eli Lilly that the two companies formed in 2002. In November 2011, however, Amylin and Lilly terminated their alliance in the wake of an announced diabetes drug partnership between Lilly and Boehringer Ingelheim.

March 7, 2012

Dove Men+Care, a Unilever men’s personal care brand, is giving sports fans a look inside the lives of basketball legends just in time for the start of the 2012 NCAA Division I men’s basketball championship.

ENGLEWOOD CLIFFS, N.J. — Dove Men+Care, a Unilever men’s personal care brand, is giving sports fans a look inside the lives of basketball legends just in time for the start of the 2012 NCAA Division I men’s basketball championship.

March 7, 2012

Rolling Strong, a health-and-wellness coordinator for professional drivers, named Kroger a preferred provider for wellness solutions for its trucking clients and drivers.

LAS VEGAS — Rolling Strong, a health-and-wellness coordinator for professional drivers, named Kroger a preferred provider for wellness solutions for its trucking clients and drivers.

March 5, 2012

Energizer has teamed up with Liown Electronics for its latest line of flameless wax candles.

ST. LOUIS — Energizer has teamed up with Liown Electronics for its latest line of flameless wax candles.

Made with real wax and featuring advanced LED technology, Energizer said the candles offer the same benefits of a traditional flamed candle without the worry of open flames. The collection will include a broad range of colors and scents, traditional size pillars, as well as votives and a full assortment of seasonal options.

February 29, 2012

Accordant Health Services, a CVS Caremark company, and the Michael J. Fox Foundation for Parkinson's Research on Wednesday announced a collaboration to provide to patients with Parkinson's disease who are enrolled in Accordant-sponsored care management programs information about resources available through the foundation.

WOONSOCKET, R.I., and NEW YORK  — Accordant Health Services, a CVS Caremark company, and the Michael J. Fox Foundation for Parkinson's Research on Wednesday announced a collaboration to provide to patients with Parkinson's disease who are enrolled in Accordant-sponsored care management programs information about resources available through the foundation.

February 29, 2012

Mylan has launched a generic drug for treating depression and anxiety, the company said Wednesday.

PITTSBURGH — Mylan has launched a generic drug for treating depression and anxiety, the company said Wednesday.

Mylan announced the launch of escitalopram tablets in the 5-mg, 10-mg and 20-mg strengths, the first generic version of Forest Labs' Lexapro. The drug is used for treating major depressive disorder and generalized anxiety disorder.