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December 21, 2011

Researchers at the University of Massachusetts Medical School said a diabetes prevention program they created was able to reduce prediabetes indicators among Latinos who were at risk of developing the disease.

WORCESTER, Mass. — Researchers at the University of Massachusetts Medical School said a diabetes prevention program they created was able to reduce prediabetes indicators among Latinos who were at risk of developing the disease.

December 21, 2011

As Walgreens girds itself for life outside of the Express Scripts pharmacy network, company executives, over the course of a Wednesday morning first-quarter conference call, continued to maintain that they, along with healthcare payers and employers, will be better off for it.

DEERFIELD, Ill. — As Walgreens girds itself for life outside of the Express Scripts pharmacy network, company executives, over the course of a Wednesday morning first-quarter conference call, continued to maintain that they, along with healthcare payers and employers, will be better off for it.

December 21, 2011

Walgreens on Wednesday again made its case for keeping its more than 8,000 points of care in the Express Scripts pharmacy network: Excluding Walgreens will not afford Express Scripts' customers any cost savings.

DEERFIELD, Ill. — Walgreens on Wednesday again made its case for keeping its more than 8,000 points of care in the Express Scripts pharmacy network: Excluding Walgreens will not afford Express Scripts' customers any cost savings. Besides, if Walgreens does wind up out of the Express Scripts network at the top of the new year, many of those health plans and employers will start looking for ways to get Walgreens back in network, most likely by switching pharmacy benefit managers at their first opportunity.

December 21, 2011

An interdisciplinary research team at Worcester Polytechnic Institute is slated to develop a smartphone application that will help patients with advanced diabetes and foot ulcers.

WORCESTER, Mass. — An interdisciplinary research team at Worcester Polytechnic Institute is slated to develop a smartphone application that will help patients with advanced diabetes and foot ulcers.

December 20, 2011

Specialty pharmacy provider The Apothecary Shops is encouraging medication adherence with a cap for pill containers that cues patients with lights and sounds, the company said.

PHOENIX — Specialty pharmacy provider The Apothecary Shops is encouraging medication adherence with a cap for pill containers that cues patients with lights and sounds, the company said.

December 20, 2011

At its annual Analyst Day in New York on Tuesday, CVS Caremark executives outlined strong growth for 2012 and unveiled several new offerings and initiatives that are expected to help drive profitable long-term growth as it works to reinvent pharmacy and focus on its “integration sweet spots.”

NEW YORK — At its annual Analyst Day in New York on Tuesday, CVS Caremark executives outlined strong growth for 2012 and unveiled several new offerings and initiatives that are expected to help drive profitable long-term growth as it works to reinvent pharmacy and focus on its “integration sweet spots.”

December 20, 2011

Chobani announced that it broke ground on a new state-of-the-art, high capacity production facility.

NORWICH, N.Y. — Chobani announced that it broke ground on a new state-of-the-art, high capacity production facility.

The domestic manufacturing plant, based in Twin Falls, Idaho, will span 940,000 sq. ft. This facility, Chobani said, will create more than 400 jobs and allow the company to bring product innovations to market.

Production at the new plant is anticipated to start in the second half of 2012.

December 20, 2011

A Catalina Marketing online platform that provides digital and printable coupons is slated to launch a new consumer savings solution.

ST. PETERSBURG, Fla. — A Catalina Marketing online platform that provides digital and printable coupons is slated to launch a new consumer savings solution.

December 20, 2011

The tea market is expected to see a surge in sales this year and beyond, according to a Packaged Facts report.

NEW YORK — The tea market is expected to see a surge in sales this year and beyond, according to a Packaged Facts report.

"Tea and Ready-to-Drink Tea in the U.S.," which was published in October, projected that the tea market will grow 5.2% to $6.5 billion this year, with retail tea market growth climbing from 6.6% in 2012 to 8.7% in 2014, reaching $8.3 billion in that year.

December 20, 2011

A former Altria Group executive has joined the Jones Soda board of directors.

SEATTLE — A former Altria Group executive has joined the Jones Soda board of directors.

Richard Cautero was appointed to the role by the existing board, the company said. In addition to working at Altria Group for nearly 30 years (most recently serving as VP finance for corporate planning and strategy), he also served as chief financial and operating officer for Maxwell House, a division of Kraft Foods.

December 20, 2011

2012 may shape up to be a big year for Kraft Foods as the company prepares to launch more than 70 new products.

NORTHFIELD, Ill. — 2012 may shape up to be a big year for Kraft Foods as the company prepares to launch more than 70 new products.

The lineup of products includes items across the following categories:

  • Easy meal solutions, such as Kraft Sizzling Salads, Kraft Fresh Take and Velveeta Cheesy Skillets dinner kits;

  • Beverages with energy benefits, including new MiO water enhancer flavors and Crystal Light energy powdered drink mix;

December 20, 2011

Lego has introduced a new line of construction toys that caters to girls ages 5 years and older.

BILLUND, Denmark — Lego has introduced a new line of construction toys that caters to girls ages 5 years and older.

Lego Friends, the company said, is a collection that will consist of 23 products that tailor the Lego construction experience to the demographic, the company said. The sets now will roll out through summer 2012.

December 20, 2011

A Mars Chocolate North America brand will be showcased during Super Bowl XLVI.

HACKETTSTOWN, N.J. — A Mars Chocolate North America brand will be showcased during Super Bowl XLVI.

The company said M&M's will be spotlighted in a 30-second spot that will premiere during the first quarter of the game, which will air Feb. 5, 2012. Last year, Mars' utilized its Snickers brand via the "You're Not You When You're Hungry" campaign during the National Football League championship.

December 20, 2011

Following recent e-commerce trends released by ComScore, online spending continues to grow at a consistent 15% rate. As reported earlier, holiday e-commerce spending rose 15% year-over-year to $26.8 billion for the first 42 days of the shopping season, through Dec. 12.

RESTON, Va. — Following recent e-commerce trends released by ComScore, online spending continues to grow at a consistent 15% rate. As reported earlier, holiday e-commerce spending rose 15% year over year to $26.8 billion for the first 42 days of the shopping season, through Dec. 12.

And on Sunday, ComScore released its latest findings, that online sales surpassed $1 billion on four days during the work week of Dec.12 to 16, a 15% increase over the same period last year.

December 20, 2011

Pfizer is seeking approval from the Food and Drug Administration for its investigational treatment of moderately to severely active rheumatoid arthritis.

NEW YORK — Pfizer is seeking approval from the Food and Drug Administration for its investigational treatment of moderately to severely active rheumatoid arthritis.

The company said the FDA accepted a new drug application for tofacitinib for review. The agency also has provided an anticipated Prescription Drug User Fee Act action date of August 2012. Tofacitinib, which is a novel, oral JAK inhibitor, currently is under review by the European Medicines Agency.

December 20, 2011

Prestige on Tuesday acquired 17 over-the-counter brands from GlaxoSmithKline for a total of $660 million in cash.

IRVINGTON, N.Y. — Prestige on Tuesday acquired 17 over-the-counter brands from GlaxoSmithKline for a total of $660 million in cash. Among the brands Prestige acquired are the pain relievers BC, Goody's and Ecotrin brands; digestive brands Beano, Gaviscon, Phazyme, Tagamet and Fiber Choice; and the Sominex sleep aid brand.

December 20, 2011

The Pharmacy Technician Certification Board on Tuesday announced a push to inform patients with practical solutions on how to best utilize remaining 2011 flexible spending account funds.

WASHINGTON — The Pharmacy Technician Certification Board on Tuesday announced a push to inform patients with practical solutions on how to best utilize remaining 2011 flexible spending account funds.

December 20, 2011

Israeli drug maker Teva Pharmaceutical Industries is developing a protein that could offer a new way to treat Type 1 diabetes, according to published reports.

NEW YORK — Israeli drug maker Teva Pharmaceutical Industries is developing a protein that could offer a new way to treat Type 1 diabetes, according to published reports.

Type 1 diabetes is an autoimmune disorder in which the immune system attacks the pancreas's beta cells, but the drug, DiaPep277, stops that from happening, according to Bloomberg.

December 20, 2011

According to new research released Tuesday, Georgia Health Sciences University researchers have identified one of the internal bodily functions of vitamin E: The antioxidant found in most foods helps repair tears in the plasma membranes that protect cells from outside forces and screen what enters and exits.

AUGUSTA, Ga. — According to new research released Tuesday, Georgia Health Sciences University researchers have identified one of the internal bodily functions of vitamin E: The antioxidant found in most foods helps repair tears in the plasma membranes that protect cells from outside forces and screen what enters and exits.

December 20, 2011

AstraZeneca and Targacept released results of the second of four phase-3 clinical trials that investigated the efficacy and tolerability of a drug that could serve as an adjunct therapy to major depressive disorder patients that had an inadequate response to initial antidepressant therapies.

WINSTON-SALEM, N.C. — AstraZeneca and Targacept released results of the second of four phase-3 clinical trials that investigated the efficacy and tolerability of a drug that could serve as an adjunct therapy to major depressive disorder patients that had an inadequate response to initial antidepressant therapies.

December 20, 2011

A hike in blood pressure during middle age significantly raises the risk of having a heart attack or a stroke, according to new Northwestern Medicine research released Monday.

CHICAGO — A hike in blood pressure during middle age significantly raises the risk of having a heart attack or a stroke, according to new Northwestern Medicine research released Monday. The study offers a new understanding on the importance of maintaining low blood pressure early in middle age to prevent heart disease later in life.

December 20, 2011

The market for drugs to treat ulcerative colitis will increase from 2010's $1.7 billion to $3 billion in 2020, according to a new report by market research firm Decision Resources.

BURLINGTON, Mass. — The market for drugs to treat ulcerative colitis will increase from 2010's $1.7 billion to $3 billion in 2020, according to a new report by market research firm Decision Resources.

December 20, 2011

Upsher-Smith has launched an online portal for advanced-practice clinicians interested in women's health, the company said.

MAPLE GROVE, Minn. — Upsher-Smith has launched an online portal for advanced-practice clinicians interested in women's health, the company said.

Clinicians Corner provides nurse practitioners, physician assistants, nurses and midwives with resources and educational materials.

December 20, 2011

A new survey conducted by Visa revealed that 77% of consumers still need to buy holiday gifts this week.

SAN FRANCISCO — A new survey conducted by Visa revealed that 77% of consumers still need to buy holiday gifts this week. These last-minute shoppers will spend an average of $278 in the final days leading up to Christmas and Hanukkah.

December 20, 2011

Generic drug maker Watson and biotech manufacturer Amgen will work together to develop biosimilar antibodies for treating cancer, the two companies said.

PARSIPPANY, N.J. — Generic drug maker Watson and biotech manufacturer Amgen will work together to develop biosimilar antibodies for treating cancer, the two companies said.