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October 28, 2011

Icagen officially is a wholly owned subsidiary of Pfizer.

NEW YORK — Icagen officially is a wholly owned subsidiary of Pfizer.

As part of the transaction, which first was announced in July, Icagen now will be part of Pfizer’s worldwide research and development organization and also will be integrated into Neusentis, Pfizer’s pain, sensory disorders and regenerative medicine research unit.

The aggregate transaction value, which includes the value of the shares that already were owned by Pfizer, was about $56 million.

October 28, 2011

A volunteer eye health and safety organization has introduced a new program that seeks to educate the public on the potential effects diabetes may have on one's vision.

CHICAGO — A volunteer eye health and safety organization has introduced a new program that seeks to educate the public on the potential effects diabetes may have on one's vision.

October 28, 2011

Rite Aid is collaborating with LifeScan to bring free diabetes testing, resources and materials to communities across the Northeast, the retail pharmacy chain said Friday.

CAMP HILL, Pa. — Rite Aid is collaborating with LifeScan to bring free diabetes testing, resources and materials to communities across the Northeast, the retail pharmacy chain said Friday.

The Rite Track Diabetes Tour will start in New York on Tuesday at 11 a.m. to mark American Diabetes Month. Chef Sam Talbot, who has Type 1 diabetes, will be aboard the bus to share his diabetes story and give away signed copies of his newly published cookbook, "The Sweet Life: Diabetes Without Boundaries."

October 28, 2011

The third annual Mobile Audit, released Thursday by e-commerce and digital marketing company Acquity Group, found that mobile adoption is on the rise. In fact, the percentage of retailers with a mobile site reached 37% in 2011, up from 12% in 2010 and only 4% in 2009 — a 210% increase over the past year alone.

CHICAGO — The third annual Mobile Audit, released Thursday by e-commerce and digital marketing company Acquity Group, found that mobile adoption is on the rise. In fact, the percentage of retailers with a mobile site reached 37% in 2011, up from 12% in 2010 and only 4% in 2009 — a 210% increase over the past year alone.

October 28, 2011

Two volumes of an animated series based on the Marvel Comics superhero team the Avengers has arrived on Disney DVD.

NEW YORK — Two volumes of an animated series based on the Marvel Comics superhero team the Avengers has arrived on Disney DVD.

Walt Disney Studios has launched "The Avengers: Earth's Mightiest Heroes, Vo1. 3: Iron Man Unleashed" and "The Avengers: Earth's Mightiest Heroes, Vo1. 4: Thor's Last Stand" on DVD. In each episode, the Avengers defend Earth from such threats as dangerous super villains, time-travelling conquerors, alien invaders and mythical beasts.

October 28, 2011

Weis Markets' board of directors on Thursday declared a quarterly dividend of 30 cents.

SUNBURY, Pa. — Weis Markets' board of directors on Thursday declared a quarterly dividend of 30 cents to.

In addition to the 30-cent dividend, the board also offered a special one-time dividend valued at $1 per share as a reward to shareholders, Weis chairman Robert Weis said. The special dividend will be paid to shareholders of record as of Nov. 7 and payable on Nov. 12.

Weis added that the company's $100 million 2011 capital expansion plan is 75% complete.

October 28, 2011

Whole Foods is promoting Share Our Strength's hunger awareness campaign.

AUSTIN — Whole Foods is promoting Share Our Strength's hunger awareness campaign.

Whole Foods is supporting Share Our Strength's No Kid Hungry campaign with several promotions:

  • Whole Foods will match donations up to $25,000 of funds donated online, WholeFoodsMarket.com/holidays, to the cause;

  • When shoppers purchase gift cards from Nov. 16 through Dec. 31, Whole Foods will donate $1 for every card purchased to No Kid Hungry;

October 28, 2011

Whole Foods is taking the opportunity to reach out to its Jewish consumers by reminding them that it has a number of kosher-certified items for Hannukah, which begins Dec. 20.

AUSTIN — Whole Foods is taking the opportunity to reach out to its Jewish consumers by reminding them that it has a number of kosher-certified items for Hannukah, which begins Dec. 20.

The retailer is touting its availability of whole organic turkeys, pumpkin puree and roasted chestnuts to latkes, matzo meal and Hanukkah gelt (chocolate coins).

Specifically, Whole Foods is offering:

  • Potato pancake, whole wheat matzo meal, latkes, natural cake, stuffing and soup mixes from Streit's, a family-owned purveyor of kosher food since 1925;

October 27, 2011

Abbott has introduced a new line of nutrition shakes and bars for people with diabetes.

ABBOTT PARK, Ill. — Abbott has introduced a new line of nutrition shakes and bars for people with diabetes.

Glucerna Hunger Smart includes two flavors of nutrition shakes, including homemade vanilla and rich chocolate, in addition to two flavors of nutrition bars, including chocolate peanut butter crisp and chocolate chip crisp.

October 27, 2011

A Supervalu banner is offering parents ways to have a healthier Halloween.

MALVERN, Pa. — A Supervalu banner is offering parents ways to have a healthier Halloween.

Acme Markets registered dietitian Jennifer Shea said that such ideas as making sure children sleep well the night before Halloween, not letting children overindulge and having kids wear a pedometer to track their steps can help make Halloween a healthier holiday.

October 27, 2011

Drug makers Bristol-Myers Squibb and Gilead Sciences announced an agreement to develop and commercialize a fixed-dose combination treatment for patients with HIV.

FOSTER CITY, Calif. — Drug makers Bristol-Myers Squibb and Gilead Sciences announced an agreement to develop and commercialize a fixed-dose combination treatment for patients with HIV.

The two companies said the drug will combine Bristol's Reyataz (atazanavir sulfate) and Gilead's boosting agent cobicistat, which is designed to increase blood levels of certain HIV medicines to potentially allow for one-pill, once-daily dosing. Gilead is currently studying Reyataz and cobicistat in phase-2 and phase-3 trials.

October 27, 2011

An online social health initiative for people with Type 1 and Type 2 diabetes will make its debut in honor of American Diabetes Month in November.

BOSTON — An online social health initiative for people with Type 1 and Type 2 diabetes will make its debut in honor of American Diabetes Month in November.

October 27, 2011

The maker of ZhuZhu Pets has introduced a new line of toys for this holiday season.

ST. LOUIS — The maker of ZhuZhu Pets has introduced a new line of toys for this holiday season.

Cepia said Xia-Xia (pronounced "shah-shah") consists of four colorful, collectible hermit crabs that dance and play. The line also includes playsets and accessories, the company said.

October 27, 2011

Colgate-Palmolive announced on Thursday that it experienced a boost in third-quarter sales and net income as its global market shares in toothpaste and manual toothbrushes both hit record highs year to date.

NEW YORK — Colgate-Palmolive announced on Thursday that it experienced a boost in third-quarter sales and net income as its global market shares in toothpaste and manual toothbrushes both hit record highs year to date.

Worldwide net sales totaled $4.38 billion, up 11% compared with the year-ago period. Organic sales rose 5%.

October 27, 2011

If employers want to best manage the health and productivity of their employees, they need to continue company-sponsored health plans — that was a key message that Troyen Brennan, EVP and chief medical officer of CVS Caremark, had for attendees at the National Business Group on Health's annual meeting on Thursday.

BOSTON — If employers want to best manage the health and productivity of their employees, they need to continue company-sponsored health plans — that was a key message that Troyen Brennan, EVP and chief medical officer of CVS Caremark, had for attendees at the National Business Group on Health's annual meeting on Thursday.

October 27, 2011

An experimental vaccine for hepatitis B made by Dynavax Technologies appears to work better in patients with diabetes than current treatments, the company said.

BERKELEY, Calif. — An experimental vaccine for hepatitis B made by Dynavax Technologies appears to work better in patients with diabetes than current treatments, the company said.

October 27, 2011

Pharmaceutical wholesaler H. D. Smith announced on Thursday that Dave Watkins, CFO, will leave the company to join Chicago Public Schools as its new CFO, effective Nov. 7.

SPRINGFIELD, Ill. – Pharmaceutical wholesaler H. D. Smith announced on Thursday that Dave Watkins, CFO, will leave the company to join Chicago Public Schools as its new CFO, effective Nov. 7.

H. D. Smith stated that it will soon name an executive to serve as interim CFO while a search for a replacement is conducted.

In his new role, Watkins will be taking a leadership position in addressing the financial challenges of the third-largest school district in the United States, serving more than 400,000 students.

October 27, 2011

A company focused on developing niche generic and specialty pharmaceutical products has received regulatory approval from the Food and Drug Administration for its version of a psychiatric drug.

PISCATAWAY, N.J. — A company focused on developing niche generic and specialty pharmaceutical products has received regulatory approval from the Food and Drug Administration for its version of a psychiatric drug.

Innopharma said its abbreviated new drug application for olanzapine injection, a generic equivalent of Zyprexa injection. With this approval, Innopharma announced that it has entered an agreement with Sandoz, who will sell, market and distribute Innopharma's generic in the United States.

October 27, 2011

Mylan has received final approval from the Food and Drug Administration for a drug designed to treat moderate to severe pain.

PITTSBURGH — Mylan has received final approval from the Food and Drug Administration for a drug designed to treat moderate to severe pain.

Mylan said its abbreviated new drug application for morphine sulfate extended-release tablets in the 15-mg, 30-mg, 60-mg, 100-mg and 200-mg strengths was approved by the FDA. The opioid analgesic is a generic version of Purdue Pharma's MS Contin. Mylan said it is launching the product immediately.

Morphine sulfate ER tablets had U.S. sales of approximately $173 million for the 12 months ended in June, according to IMS Health.

October 27, 2011

Procter & Gamble delivered “strong” first-quarter sales growth, kicking off a “good start to the fiscal year” as net sales climbed 9% and organic sales grew 4%, the company announced on Thursday.

CINCINNATI — Procter & Gamble delivered “strong” first-quarter sales growth, kicking off a “good start to the fiscal year” as net sales climbed 9% and organic sales grew 4%, the company announced on Thursday.

October 27, 2011

Publix has partnered with Adheris, an inVentiv Health company, to provide medication education and adherence programs to Publix pharmacy customers.

BURLINGTON, Mass. — Publix has partnered with Adheris, an inVentiv Health company, to provide medication education and adherence programs to Publix pharmacy customers.

October 27, 2011

Same-store sales at Rite Aid increased by 2.9% in October, compared with the same period last year, the retail pharmacy chain said Thursday.

CAMP HILL, Pa. — Same-store sales at Rite Aid increased by 2.9% in October, compared with the same period last year, the retail pharmacy chain said Thursday.

The increase included a 1.3% increase in same-store sales on the front end, as well as a 3.6% increase in pharmacy same-store sales, including a negative offset of about 160 basis points due to the introduction of new generic drugs.

Total sales for the month were nearly $2 billion, a 2.8% increase over October 2010's $1.9 billion.

October 27, 2011

Revlon announced on Thursday an upswing in third-quarter net sales due in part to higher sales of Revlon color cosmetics and Revlon ColorSilk hair color.

NEW YORK — Revlon announced on Thursday an upswing in third-quarter net sales due in part to higher sales of Revlon color cosmetics and Revlon ColorSilk hair color.

October 27, 2011

With the aging population and the rise in the numbers of people with chronic disease states, the country has a huge need for more pharmacists, so what better place is there to look for them than the nation's middle and high schools?

WASHINGTON — With the aging population and the rise in the numbers of people with chronic disease states, the country has a huge need for more pharmacists, so what better place is there to look for them than the nation's middle and high schools?

The American Pharmacists Association and OptumRx announced Thursday the launch of Pharmacy is Right for Me, an educational initiative designed to encourage students in grades 8 through 12 to pursue careers in pharmacy.

October 27, 2011

Target has partnered with U.K. beauty expert Maria Hatzistefanis and now is carrying her Nip + Fab beauty brand in Target stores and online at Target.com.

MINNEAPOLIS — Target has partnered with U.K. beauty expert Maria Hatzistefanis and now is carrying her Nip + Fab beauty brand in Target stores and online at Target.com.

Launched in 2010 and previously available only across the pond, Nip + Fab is now available in the United States through its partnership with Target.

Beauty mavens can select from 14 different Nip + Fab skin solutions and body blends, including Nip + Fab Tummy Fix, Nip + Fab Pigmentation Fix and Nip + Fab Dark Circle Fix.

Hatzistefanis also has created the Rodial beauty brand.