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March 19, 2012

More than 5.1 million seniors and people with disabilities on Medicare saved billions on prescription drugs, thanks to the Patient Protection and Affordable Care Act, according to Department of Health and Human Services secretary Kathleen Sebelius.

WASHINGTON — More than 5.1 million seniors and people with disabilities on Medicare saved billions on prescription drugs, thanks to the Patient Protection and Affordable Care Act, according to Department of Health and Human Services secretary Kathleen Sebelius.

New data found that these individuals saved more than $3.2 billion on prescription drugs, while savings for seniors included a one-time $250 rebate check to those who hit the "donut hole" coverage gap in 2010 and a 50% discount on covered brand-name drugs in the donut hole in 2011.

March 19, 2012

Cardinal Health's appeal to delay a Drug Enforcement Agency suspension of its license to distribute controlled substances out of its Lakeland, Fla., distribution center was denied Friday by the U.S. Court of Appeals for the District of Columbia Circuit.

WASHINGTON — Cardinal Health's appeal to delay a Drug Enforcement Agency suspension of its license to distribute controlled substances out of its Lakeland, Fla., distribution center was denied Friday by the U.S. Court of Appeals for the District of Columbia Circuit. The ruling lifts a previously granted emergency stay issued by the appellate court earlier this month.

March 19, 2012

American Idol sensation Crystal Bowersox will deliver an acoustic performance at the second Walk with Walgreens Family Fun Day and Health Fair, to be held March 24, the Diabetes Research Institute Foundation announced Friday.

HOLLYWOOD, Fla. — "American Idol" sensation Crystal Bowersox will deliver an acoustic performance at the second Walk with Walgreens Family Fun Day and Health Fair, to be held March 24, the Diabetes Research Institute Foundation announced Friday.

March 19, 2012

"Dateline NBC" on Sunday aired an exposé concerning certain outliers of the dietary supplement industry during its "Hansen Files" segment featuring Chris Hansen, charging that supplement manufacturers aren't ensuring that those ingredients on their labels are actually in the supplement.

NEW YORK — "Dateline NBC" on Sunday aired an exposé concerning certain outliers of the dietary supplement industry during its "Hansen Files" segment featuring Chris Hansen, charging that supplement manufacturers aren't ensuring that those ingredients on their labels are actually in the supplement.

March 19, 2012

Dentyne is boosting its gum portfolio with the introduction of a new flavor and new packaging.

NEW YORK — Dentyne is boosting its gum portfolio with the introduction of a new flavor and new packaging.

Dentyne said its Ice Mint Frost flavor brings a unique profile to the Dentyne lineup of intense breath-freshening gums. The company noted the new flavor is supported by the new Split2Fit pack, which designed to hold one-third more pieces of gum by holding 16 pieces of gum (versus the 12-piece pack) and can be split into two smaller, sleeker and easier-to-carry packs.

March 19, 2012

The Food and Drug Administration has approved the first generic version of a drug for treating and preventing osteoporosis in women after menopause, the agency said Monday.

SILVER SPRING, Md. — The Food and Drug Administration has approved the first generic version of a drug for treating and preventing osteoporosis in women after menopause, the agency said Monday.

The FDA announced the approval of ibandronate tablets in the 150-mg strength made by Apotex, Orchid Healthcare and Mylan Pharmaceuticals. Genentech makes the branded version of the drug.

March 19, 2012

Walgreens might be willing to acquire Rite Aid if it can't settle an ongoing contractual dispute with one of the country's largest pharmacy benefit managers, Walgreens' former CEO said in a conference call with investors Monday.

NEW YORK — Walgreens might be willing to acquire Rite Aid if it can't settle an ongoing contractual dispute with one of the country's largest pharmacy benefit managers, Walgreens' former CEO said in a conference call with investors Monday.

Interviewed by Credit Suisse analyst Edward Kelly, former Walgreens CEO Jeff Rein suggested that Walgreens' board "would have the stomach" to buy Rite Aid if it doesn't reach an agreement with Express Scripts, as buying Rite Aid's nearly 4,700 stores would give Walgreens considerable leverage against the PBM.

March 19, 2012

Gnu Foods has added three new additions to its line of baked Flavor and Fiber bars.

NEW YORK — Gnu Foods has added three new additions to its line of baked Flavor and Fiber bars.

The company said its blondie, blueberry cobbler and carrot cake bars combine flavor and 12 g of fiber. "With the introduction of these three new flavors, we're responding to consumer requests for more dessert-like choices. We created these 'guilty pleasures' without compromising our commitment to clean ingredients and great nutritionals," Gnu Foods founder Andrew Brooks said.

March 19, 2012

Internet.bs, huh? Hmm ... wonder what the BS stands for?

WHAT IT MEANS AND WHY IT'S IMPORTANT — Internet.bs, huh? Hmm ... wonder what the BS stands for?

(THE NEWS: At least one-third of rogue pharmacies under one domain name registrar, report finds. For the full story, click here)

LegitScript, a company that verifies online pharmacies, went undercover, saying that it was interested in having Internet.bs host its illegal online pharmacies.

March 19, 2012

Kroger announced that Tim Brown now will be responsible for stores in western Tennessee, Kentucky, Mississippi, Arkansas and Missouri as president of the company's Delta division.

CINCINNATI — Kroger announced that Tim Brown now will be responsible for stores in western Tennessee, Kentucky, Mississippi, Arkansas and Missouri as president of the company's Delta division.

Brown, 52, has been VP operations in the company's Delta division, based in Roanoke, Va., since 2011; before that, he served as the Mid-Atlantic division's VP merchandising since 2009.

March 19, 2012

Mederma, a maker of scar therapy products, has introduced its new Mederma advanced scar gel, which is designed to reduce the overall appearance of scars caused by injury, acne, surgery or burns with one daily application.

GREENSBORO, N.C. — Mederma, a maker of scar therapy products, has introduced its new Mederma advanced scar gel, which is designed to reduce the overall appearance of scars caused by injury, acne, surgery or burns with one daily application.

Mederma advanced scar gel is a transparent topical gel that contains Cepalin, the same proprietary botanical extract derived from onions used in all Mederma scar products and stretch marks therapy.

March 19, 2012

The National Community Pharmacists Association has applauded a member of its organization for participating in the organization's drug disposal program.

ALEXANDRIA, Va. — The National Community Pharmacists Association has applauded a member of its organization for participating in the organization's drug disposal program.

March 19, 2012

Safeway announced that its board of directors Friday declared a regular quarterly cash dividend of 14.5 cents per share.

PLEASANTON, Calif. — Safeway announced that its board of directors Friday declared a regular quarterly cash dividend of 14.5 cents per share.

The dividend will be payable on April 12 to stockholders of record at the close of business on March 22, the company noted.

March 19, 2012

The Skintimate brand of women’s shave gels and creams has launched the Skintimate Studios Ready for Everything photo contest.

SHELTON, Conn. — The Skintimate brand of women’s shave gels and creams has launched the Skintimate Studios Ready for Everything photo contest.

Skintimate will give women ages 13 years and older an opportunity to learn what it takes to "Step into the Spotlight" and appear in a national magazine advertorial spread, shot by celebrity photographer Eva Mueller.

March 19, 2012

The Global Market Development Center on Monday announced Party Animal has joined the manufacturer's association.

COLORADO SPRINGS, Colo. — The Global Market Development Center on Monday announced Party Animal — a manufacturer of flags, banners, collectible toys and knick-knacks featuring licenses from the National Football League, Major League Baseball, the National Basketball Association, the National Hockey League and more than 70 colleges and universities — has joined the manufacturer's association.

March 19, 2012

Powerful pharmacy benefit manager Medco Health Solutions has just unveiled the results of a large-scale study that points out the critical role that pharmacist interventions play in the health and safety of women.

Powerful pharmacy benefit manager Medco Health Solutions has just unveiled the results of a large-scale study that points out the critical role that pharmacist interventions play in the health and safety of women.

The results of the research, jointly conducted by Medco and the Society for Women's Health Research, came to light March 17 at Women's Health 2012: The 20th Annual Congress. The study shows a wide and worrisome gender gap when it comes to how men and women adhere to their medication regimens.

March 19, 2012

A miniature version of the spike in stock market activity that followed speculation about the prospects of a Walgreens-Rite Aid merger happened on Drug Store News' website as a quick writeup about the potential deal became the most-read story on the site. But for all the buzz that Credit Suisse analyst Edward Kelly created with his report, a Walgreens-Rite Aid merger appears pretty unlikely on closer inspection.

WHAT IT MEANS AND WHY IT'S IMPORTANT — A miniature version of the spike in stock market activity that followed speculation about the prospects of a Walgreens-Rite Aid merger happened on Drug Store News' website as a quick writeup about the potential deal became the most-read story on the site.

(THE NEWS: Reports: WAG-RAD merger speculation drives RAD stock to four-year high. For the full story, click here)

March 19, 2012

There is power in information. There is even more power in that information when it is conveniently available at the precise moment it is needed — in this case, during one of a patient's increasingly time-crunched appointments with a general healthcare practitioner.

WHAT IT MEANS AND WHY IT'S IMPORTANT — There is power in information. There is even more power in that information when it is conveniently available at the precise moment it is needed — in this case, during one of a patient's increasingly time-crunched appointments with a general healthcare practitioner. Today more than half (52%) of all office-based doctors are using that Surescripts network to streamline and help manage the prescriptions they write, which is connecting them to 94% of all retail pharmacies.

March 19, 2012

Watson Pharmaceuticals is challenging the patent protection on a drug made by Abbott for treating cholesterol, the company said.

PARSIPPANY, N.J. — Watson Pharmaceuticals is challenging the patent protection on a drug made by Abbott for treating cholesterol, the company said.

Watson, through a subsidiary, filed with the Food and Drug Administration for approval of niacin extended-release tablets in the 500-mg and 1,000-mg strengths. The drug is a generic version of Abbott's Niaspan.

March 19, 2012

Women take mental health drugs at a much higher rate than men, according to a new study by one of the country's largest pharmacy benefit managers.

WASHINGTON — Women take mental health drugs at a much higher rate than men, according to a new study by one of the country's largest pharmacy benefit managers.

Medco Health Solutions released results of the study Monday, showing that 25% of women use psychotropic drugs, compared with 15% of men. The study was based on the pharmacy claims of more than 2 million Americans and measured the use of drugs for treating depression, anxiety, attention deficit hyperactivity disorder and psychotic disorders between 2001 and 2010.

March 16, 2012

The Ethisphere Institute's sixth annual selection of the "World's Most Ethical Companies" included several of the nation's top retailers.

NEW YORK — The Ethisphere Institute's sixth annual selection of the "World's Most Ethical Companies" included several of the nation's top retailers.

Among this year's list of 145 organizations, Ethisphere — which describes itself as a leading international think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability — included Costco, Safeway, Target, Wegmans and Whole Foods.

March 16, 2012

Another generic drug maker has joined efforts to challenge the patent on a drug made by Forest Labs for treating hypertension.

NEW YORK — Another generic drug maker has joined efforts to challenge the patent on a drug made by Forest Labs for treating hypertension.

March 16, 2012

Doritos is rolling out a new product this month.

AUSTIN, Texas — Doritos is rolling out a new product this month.

The latest tortilla chips, Doritos Jacked, is 40% larger in size and thickness and will be available in two flavor combinations, Enchilada Supreme and Smoky Chipotle BBQ. The item debuted at the South by Southwest Music Conference and Festival.

March 16, 2012

Kraft Foods has nominated two candidates to serve on the company's board of directors.

NORTHFIELD, Ill. — Kraft Foods has nominated two candidates to serve on the company's board of directors.

March 16, 2012

Genomma Lab is planning to present a list of candidates to serve on the board of directors of Prestige Brands.

IRVINGTON, N.Y. — Genomma Lab is planning to present a list of candidates to serve on the board of directors of Prestige Brands.

The announcement followed Genomma Lab's unsolicited proposal to acquire Prestige Brands for $16.60 per share in cash. Although the deal was rejected, Genomma Lab intends to present the list at Prestige Brands' upcoming annual meeting in June.