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January 10, 2012

Over the past year, store-brand sales of over-the-counter products have helped maintain a slight growth through the sector, and with the number of proposed prescription-to-OTC switches on the horizon, the future looks especially bright, Joe Papa, Perrigo chairman, president and CEO, told attendees of the 30th Annual J.P. Morgan Healthcare Conference held Monday.

NEW YORK — Over the past year, store-brand sales of over-the-counter products have helped maintain a slight growth through the sector, and with the number of proposed prescription-to-OTC switches on the horizon, the future looks especially bright, Joe Papa, Perrigo chairman, president and CEO, told attendees of the 30th Annual J.P. Morgan Healthcare Conference held here Monday.

January 10, 2012

Walgreens on Tuesday brought the latest example of its flagship retail pharmacy to life in Chicago, tantalizing its hometown crowd with departments most shoppers normally wouldn't associate with a pharmacy.

CHICAGO — Walgreens on Tuesday brought the latest example of its flagship retail pharmacy to life here in Chicago, tantalizing its hometown crowd with departments most shoppers normally wouldn't associate with a pharmacy: a fully stocked sushi bar, quick-and-fresh deli offerings and a self-serve yogurt bar adjacent to a juice bar that, along with the healthy-for-you selection of juice, offers the “double-rich chocolate malted milk” that the retailer invented in 1922.

January 10, 2012

Schick, an Energizer Personal Care brand, has announced that it will debut a new custom power razor designed to reduce irritation at the Consumer Electronics Show in Las Vegas.

SHELTON, Conn. — Schick, an Energizer Personal Care brand, has announced that it will debut a new custom power razor designed to reduce irritation at the Consumer Electronics Show in Las Vegas.

The Schick Hydro Power Select wet shave razor, on shelves beginning in January 2012, features three vibration settings, easy-to-read indicators and a one-touch control button.

January 10, 2012

In a bipartisan effort, Sens. Kent Conrad, D-N.D., and Olympia Snowe, R-Maine, along with 12 of their colleagues, have expressed concerns with draft Federal Upper Limits lists for Medicaid generic drug reimbursement that recently have been published by the Centers for Medicare and Medicaid Services.

ALEXANDRIA, Va. — In a bipartisan effort, Sens. Kent Conrad, D-N.D., and Olympia Snowe, R-Maine, along with 12 of their colleagues, have expressed concerns with draft Federal Upper Limits lists for Medicaid generic drug reimbursement that recently have been published by the Centers for Medicare and Medicaid Services.

The National Association of Chain Drug Stores and National Community Pharmacists Association commended the Senators for the effort.

January 10, 2012

Shire has acquired U.S. rights to a drug used to treat chronic constipation in women from Johnson & Johnson, the company said Tuesday.

PHILADELPHIA — Shire has acquired U.S. rights to a drug used to treat chronic constipation in women from Johnson & Johnson, the company said Tuesday.

Shire announced the acquisition of rights to Resolor (prucalopride) from J&J subsidiary Janssen Pharmaceuticals. Financial terms were not disclosed.

Shire acquired European rights to the drug in 2010 when it bought Belgian drug maker Movetis, which itself had acquired rights to the drug from Janssen.

 

January 10, 2012

Mass merchandise chain Shopko has launched a new mobile application for pharmacy customers, the chain said Tuesday.

GREEN BAY, Wis. — Mass merchandise chain Shopko has launched a new mobile application for pharmacy customers, the chain said Tuesday.

Fresh off the heals of its merger with Pamida, Shopko announced the launch of an app for Blackberry, Android and iPhone users that will allow customers to refill and manage their pharmacy prescriptions.

January 10, 2012

A new lighter roast coffee from Starbucks has debuted at retail.

SEATTLE — A new lighter roast coffee from Starbucks has debuted at retail.

Starbucks said its new Starbucks Blonde Roast is designed to cater to coffee drinkers that prefer a lighter roast to the brewer's current portfolio of medium and dark roast coffees.

January 10, 2012

The SVP and CFO of Pepsi Bottling Group is heading to Sun Products.

WILTON, Conn. — The SVP and CFO of Pepsi Bottling Group is heading to Sun Products.

Sun Products, known for its laundry detergent, fabric softeners and other household products, announced that Al Drewes will join the company as EVP and CFO. In his role, Drewes will be responsible for all aspects of financial planning and accounting, tax, audit, treasury as well as IT, strategic planning, mergers and acquisitions for the company.

January 10, 2012

Weis Markets on Monday announced it has lowered the prices on 1,700 staple items and that it will freeze the prices of these products for 90 days through April 2, marking the company’s eighth 90-day Price Freeze since 2009.

SUNBURY, Pa. — Weis Markets on Monday announced it has lowered the prices on 1,700 staple items and that it will freeze the prices of these products for 90 days through April 2, marking the company’s eighth 90-day Price Freeze since 2009.

January 10, 2012

Winn-Dixie on Tuesday joined the Diabetes Prevention and Control Alliance, an initiative aimed at tipping the scales against the epidemic of diabetes, prediabetes and obesity by expanding access to community-based programs that use evidence-based approaches to help prevent and control diabetes.

ORLANDO, Fla. — Winn-Dixie on Tuesday joined the Diabetes Prevention and Control Alliance, an initiative aimed at tipping the scales against the epidemic of diabetes, prediabetes and obesity by expanding access to community-based programs that use evidence-based approaches to help prevent and control diabetes.

January 9, 2012

The American Diabetes Association has announced its officers and board of directors for 2012.

ALEXANDRIA, Va. — The American Diabetes Association has announced its officers and board of directors for 2012.

This year's board includes:

  • Board chairman L. Hunter Limbaugh, who serves as southeastern counsel of the Wine Institute in Columbia, S.C.;

  • Healthcare and education president Geralyn Spollett, who is the associate director of the Yale Diabetes Center and adult nurse practitioner, endocrine at Yale University in New Haven, Conn.;

January 9, 2012

A decade ago, Unilever revolutionized the men’s grooming segment with the launch of Axe, which has since become a leading men’s grooming brand. Now the brand is looking to make history again with the launch of its first-ever, limited-edition fragrance for her.

ENGLEWOOD CLIFFS, N.J. — A decade ago, Unilever revolutionized the men’s grooming segment with the launch of Axe, which has since become a leading men’s grooming brand. Now the brand is looking to make history again with the launch of its first-ever, limited-edition fragrance for her.

The new Anarchy fragrance for him has a matching, limited-edition fragrance for her. Anarchy For Him and For Her mark the first-ever pair of body sprays to launch at the same time in mass market retail stores.

January 9, 2012

Bristol-Myers Squibb is buying Inhibitex for $2.5 billion, the companies said.

NEW YORK — Bristol-Myers Squibb is buying Inhibitex for $2.5 billion, the companies said.

In a $26-per-share tender offer, Bristol will acquire the Alpharetta, Ga.-based developer of treatments for hepatitis C. Inhibitex's lead product is INX-189, an orally administered drug currently in phase-2 clinical trials.

January 9, 2012

A former Dell executive has stepped into a new role at a consumer-driven marketing leader.

ST. PETERSBURG, Fla. — A former Dell executive has stepped into a new role at a consumer-driven marketing leader.

Catalina Marketing said John Miles will serve as EVP and chief information officer and will be responsible for leading IT strategy, research and development and new product development. Prior to joining the company, Miles served as CIO for Dell's global commercial and consumer businesses.

Miles replaces Eric Williams, a 19-year company veteran.

January 9, 2012

CVS Caremark has entered into a definitive agreement to purchase the stand-alone Medicare Part D prescription drug plan business from Health Net for approximately $160 million in cash.

LOS ANGELES and WOONSOCKET, R.I. — CVS Caremark has entered into a definitive agreement to purchase the stand-alone Medicare Part D prescription drug plan business from Health Net for approximately $160 million in cash.

The transaction is anticipated to close in the second quarter of 2012, subject to customary closing conditions and applicable regulatory approvals, including approval from the Centers for Medicare and Medicaid Services.

January 9, 2012

A CVS Caremark study found that the company's integrated pharmacy-based program — Pharmacy Advisor — increased medication adherence rates and physician initiation of prescriptions for concomitant medications, improving care for diabetes patients and resulting in savings for health plans, the company announced on Monday.

WOONSOCKET, R.I. — A CVS Caremark study found that the company's integrated pharmacy-based program — Pharmacy Advisor — increased medication adherence rates and physician initiation of prescriptions for concomitant medications, improving care for diabetes patients and resulting in savings for health plans, the company announced on Monday.

January 9, 2012

Diplomat Specialty Pharmacy has received limited distribution rights for a neovascular age-related macular degeneration treatment.

FLINT, Mich. — Diplomat Specialty Pharmacy has received limited distribution rights for a neovascular age-related macular degeneration treatment.

The specialty pharmacy chain said it has received distribution of Eylea (aflibercept) injection from Regeneron Pharmaceuticals, the drug's manufacturer. Macular degeneration is diagnosed as either nonvascular (dry) or vascular (wet) and is a leading cause of blindness in older adults. The vascular AMD usually leads to more serious vision loss, Diplomat said.

January 9, 2012

Dr Pepper is embracing its originality in flavor and as a brand with the debut of its latest advertising campaign.

PLANO, Texas — Dr Pepper is embracing its originality in flavor and as a brand with the debut of its latest advertising campaign.

The brand launched its “Always One of a Kind” campaign, which includes a new commercial that celebrates people's individuality by having fans show off their own original expressions on t-shirts that describe what makes them unique. The commercial also features a cover of “I’ve Gotta Be Me,” which is performed by singer/songwriter and OneRepublic front man Ryan Tedder.

January 9, 2012

Endo Pharmaceuticals announced a short-term supply constraint of analgesic products, including Opana ER, due to the temporary shutdown of a manufacturing facility operated by Novartis Consumer Health.

CHADDS FORD, Pa. — Endo Pharmaceuticals announced a short-term supply constraint of analgesic products, including Opana ER, due to the temporary shutdown of a manufacturing facility operated by Novartis Consumer Health.

January 9, 2012

Fisher-Price is introducing a new device that allows preschoolers to watch television shows on the go.

EAST AURORA, N.Y. — Fisher-Price is introducing a new device that allows preschoolers to watch television shows on the go.

January 9, 2012

Fresh & Easy has expanded its Eatwell and Goodness lines with more than 60 new products.

EL SEGUNDO, Calif. — Fresh & Easy has expanded its Eatwell and Goodness lines with more than 60 new products.

The Eatwell line, which now will include such items as breakfast cereals, whole grain pasta and turkey meatloaf, was launched in 2010 to offer customers seeking nutritionally balanced food without compromising taste. The Goodness line, which now includes such items as sunflower kernels multi-pack, chicken risotto and vanilla animal crackers, are products that provide wholesome options for fun meals and snacks for children, Fresh & Easy said.

January 9, 2012

GE Capital Corporate Retail Finance announced it is administrative agent and sole lender on a $65 million asset-based credit facility for Navarro Discount Pharmacy. The financing will be used to refinance debt and for general corporate purposes.

NORWALK, Conn. — GE Capital Corporate Retail Finance announced it is administrative agent and sole lender on a $65 million asset-based credit facility for Navarro Discount Pharmacy. The financing will be used to refinance debt and for general corporate purposes.

“GE Capital understands retailing and has a great deal of experience financing drug stores,” Navarro Discount Pharmacy CEO Juan Ortiz said. “This allowed us to secure the right capital structure to help build our business.”

January 9, 2012

Kodak has debuted its latest products, including two new cameras, at the 2012 Consumer Electronics Show in Las Vegas, despite rumors that the company will be seeking bankruptcy protection.

LAS VEGAS — Kodak is debuting its latest products, including two new cameras, at the 2012 Consumer Electronics Show in Las Vegas, despite rumors that the company will be seeking bankruptcy protection.

January 9, 2012

Generic drug maker Mylan is challenging the patent on a drug used to treat diabetes, the company said Monday.

PITTSBURGH — Generic drug maker Mylan is challenging the patent on a drug used to treat diabetes, the company said Monday.

Mylan said that it was sued by Takeda Pharmaceutical, Watson Pharmaceuticals and Andrx Labs in the U.S. District Court for the Southern District of New York in response to Mylan's filing a regulatory approval application with the Food and Drug Administration for a generic version of Actoplus Met XR (pioglitazone hydrochloride and metformin hydrochloride) extended-release tablets in the 15-mg/1,000-mg and 30-mg/1,000-mg strengths.

January 9, 2012

Following the recent voluntary suspension of operations and shipments from its Lincoln, Neb.-based facility, Novartis Consumer Health announced a voluntary recall of some of its over-the-counter products sold in the United States.

BASEL, Switzerland — Following the recent voluntary suspension of operations and shipments from its Lincoln, Neb.-based facility, Novartis Consumer Health announced a voluntary recall of some of its over-the-counter products sold in the United States.

The company said it is voluntarily recalling all lots of select bottle packaging configurations from retailers of Excedrin and NoDoz products with expiration dates of Dec. 20, 2014 or earlier, in addition to Bufferin and Gas-X Prevention products with expiration dates of Dec. 20, 2013 or earlier.