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June 13, 2013

The Food and Drug Administration has approved a drug made by Amgen for treating a rare and usually noncancerous bone tumor, the agency said Thursday.

SILVER SPRING, Md. – The Food and Drug Administration has approved a drug made by Amgen for treating a rare and usually noncancerous bone tumor, the agency said Thursday.

June 13, 2013

Most of the growth in jobs in the healthcare sector comes from home health care, according to data released this month by the Bureau of Labor Statistics.

WASHINGTON — Most of the growth in jobs in the healthcare sector comes from home health care, according to data released this month by the Bureau of Labor Statistics.

June 13, 2013

A state legislator in Ohio is sponsoring an open-house event to demonstrate advances in telemedicine.

COLUMBUS, Ohio — A state legislator in Ohio is sponsoring an open-house event to demonstrate advances in telemedicine.

June 13, 2013

Target Corp. has increased quarterly payments to shareholders to 43 cents per share, the mass merchandise retailer said.

MINNEAPOLIS — Target Corp. has increased quarterly payments to shareholders to 43 cents per share, the mass merchandise retailer said.

The Minneapolis-based chain said the quarterly dividend represented a 19.4% increase over its previous dividend of 36 cents per share. The dividend will be payable Sept. 10.

June 12, 2013

Avella Specialty Pharmacy has released a new white paper for payers selecting new specialty pharmacy partners, the company said Wednesday.

PHOENIX — Avella Specialty Pharmacy has released a new white paper for payers selecting new specialty pharmacy partners, the company said Wednesday.

June 12, 2013

An industry network of 400 retailers, manufacturers and other companies has appointed the head of Dutch supermarket operator Royal Ahold to an executive position.

AMSTERDAM — An industry network of 400 retailers, manufacturers and other companies has appointed the head of Dutch supermarket operator Royal Ahold to an executive position.

June 12, 2013

Workers for Iran's airline and embassy in Japan will have to go somewhere else for their big packages of paper towels.

ISSAQUAH, Wash. — Workers for Iran's airline and embassy in Japan will have to go somewhere else for their big packages of paper towels.

Costco Wholesale Corp. said it found and canceled four employees of the Embassy of the Islamic Republic of Iran in Japan and two employees of Iran Air in the United Kingdom who had business memberships with the club retailer. The embassy employees spent about $5,497 at the store, while the Iran Air members didn't spend any money, for a total profit of less than $168.

June 12, 2013

Meijer will open two new stores in northern Indiana, the mass merchandise retailer said.

GRAND RAPIDS, Mich. — Meijer will open two new stores in northern Indiana, the mass merchandise retailer said Wednesday.

Meijer said the stores, in Portage and Warsaw, Ind., would open on Thursday. The Grand Rapids, Mich.-based chain currently operates 32 stores around the state and more than 200 throughout the Midwest. The company said the stores would feature the chain's free prescription program, whereby it gives select drugs for free to customers with valid prescriptions, including generic versions of the cholesterol drug Lipitor (atorvastatin).

June 12, 2013

Google has removed advertisements for websites that sell drugs without prescriptions, following a series of warning letters from a state attorney general, according to published reports.

NEW YORK — Google has removed advertisements for websites that sell drugs without prescriptions, following a series of warning letters from a state attorney general, according to published reports.

June 12, 2013

More than 200 drugs are under development for cardiovascular disease, according to a drug industry trade group.

WASHINGTON — More than 200 drugs are under development for cardiovascular disease, according to a drug industry trade group.

June 12, 2013

Pharmacy automation provider QS/1 has received certification for controlled substances prescribed electronically, the company said.

SPARTANBURG, S.C. — Pharmacy automation provider QS/1 has received certification for controlled substances prescribed electronically, the company said.

QS/1 said it received Electronic Prescriptions for Control Substances certification, making it one of the first pharmacy vendors to certify for EPCS in the 10.6 Script Standard.

June 12, 2013

Rite Aid will offer free informational resources in its stores and online on summer skin care, as well as sponsoring a cross-country tour offering full-body skin cancer screenings, the drug store chain said Wednesday.

CAMP HILL, Pa. — Rite Aid will offer free informational resources in its stores and online on summer skin care, as well as sponsoring a cross-country tour offering full-body skin cancer screenings, the drug store chain said Wednesday.

Rite Aid is partnering with the Skin Cancer Foundation for the program, which will last through July. A study published in the June edition of the Annals of Internal Medicine indicated that proper sun protection can keep skin looking younger as well as healthier.

June 12, 2013

Shopko will open five small-format stores in Minnesota and Wisconsin, the mass merchandise retailer said.

GREEN BAY, Wis. — Shopko will open five small-format stores in Minnesota and Wisconsin, the mass merchandise retailer said.

The five Shopko Hometown stores will be in Afton, Wyo., St. Peter, Minn., and Winneconne, Ellsworth and Tomahawk, Wis. The stores are expected to open in late fall. The Shopko Hometown format is designed to serve smaller, rural communities and augment the chain's larger stores and will total 181 out of the chain's more than 330 total stores once the new stores are completed.

June 12, 2013

Pfizer will receive more than $2 billion from Teva Pharmaceutical Industries and Sun Pharmaceutical Industries to settle a case concerning a gastroesophageal reflux disease drug.

NEW YORK — Pfizer will receive more than $2 billion from Teva Pharmaceutical Industries and Sun Pharmaceutical Industries to settle a case concerning a gastroesophageal reflux disease drug.

June 11, 2013

Amazon is giving a free trial of its fresh-food delivery service to premium customers in the Los Angeles area, according to published reports.

NEW YORK — Amazon is giving a free trial of its fresh-food delivery service to premium customers in the Los Angeles area, according to published reports.

The Seattle Times reported that the online retailer would offer a free, 90-day trial to AmazonPrime members in several parts of Los Angeles of same-day and early-morning delivery, allowing them to receive items like fresh foods, in addition to toys, electronics and half a million other items. The grocery delivery service has been in testing in Seattle for almost six years.

June 11, 2013

A new app for the iPhone allows users to have prints of their photos sent to the address of their choice or pick them up at CVS.

WHITE PLAINS, N.Y. — A new app for the iPhone allows users to have prints of their photos sent to the address of their choice or pick them up at CVS.

SmartPhoto Express includes features like selection of photos from the camera roll, selection of print size, editing and enhancement of photos, and multiple prints. The company said same-day pickup of photo prints was currently available at nationwide locations of the second-largest drug store chain in the United States.

June 11, 2013

Catamaran will provide pharmacy benefit management services to Cigna Corp. for 10 years under a new deal between the PBM and the health insurer.

BLOOMFIELD, Conn. — Catamaran will provide pharmacy benefit management services to Cigna Corp. for 10 years under a new deal between the PBM and the health insurer.

June 11, 2013

Fruth Pharmacy has launched a new mobile app and mobile website, the retail pharmacy chain said.

POINT PLEASANT, W.Va. — Fruth Pharmacy has launched a new mobile app and mobile website, the retail pharmacy chain said Tuesday.

Fruth, based in Point Pleasant, W.Va., said the app would allow customers to refill prescriptions, receive pickup and dosage reminders and locate stores and find weekly specials. Starting in three months, Fruth prescription bottles will include a 4-in. QR code to allow quick refills by scanning them with the app.

June 11, 2013

Giant Food Stores' private-label milk brand has received recognition for being produced entirely in Pennsylvania, the Ahold USA-owned supermarket banner said.

HARRISBURG, Pa. – Giant Food Stores' private-label milk brand has received recognition for being produced entirely in Pennsylvania, the Ahold USA-owned supermarket banner said Tuesday.

June 11, 2013

Krames StayWell has introduced a set of products for accountable care organizations that includes marketing and patient-engagement tools and a new system for ACO member health management.

YARDLEY, Pa. – Krames StayWell has introduced a set of products for accountable care organizations that includes marketing and patient-engagement tools and a new system for ACO member health management.

The company announced the launch of ACO 360, saying it was designed to help ACO patients take more responsibility for their own care with a collection of health outreach, acute care and population management products that support a growing number of government quality requirements for ACOs participating in the Medicare Shared Savings Program.

June 11, 2013

Aceto Corp. will sell an authorized generic version of a drug used to treat a rare but devastating degenerative disorder.

PORT WASHINGTON, N.Y. — Aceto Corp. will sell an authorized generic version of a drug used to treat a rare but devastating degenerative disorder.

Aceto said it would launch the authorized generic version of Covis Pharma's Rilutek (riluzole) tablets in the 50-mg strength through its Rising Pharmaceuticals subsidiary. The drug is used to treat amyotrophic lateral sclerosis, also known as Lou Gehrig's disease.

Sales of the drug were about $64 million in 2012, according to Aceto.

 

June 11, 2013

Misperceptions and stereotypes about opioid dependence that may affect how it's treated have persisted among the general public and physicians despite increased attention devoted to the issue, according to a new survey.

RICHMOND, Va. — Misperceptions and stereotypes about opioid dependence that may affect how it's treated have persisted among the general public and physicians, despite increased attention devoted to the issue, according to a new survey.

June 10, 2013

Drug maker Amag Pharmaceuticals has licensed the U.S. commercial rights to a treatment for a common side effect of cancer treatments from another company, Amag said Monday.

LEXINGTON, Mass. — Drug maker Amag Pharmaceuticals has licensed the U.S. commercial rights to a treatment for a common side effect of cancer treatments from another company, Amag said Monday.

Amag said it licensed the rights for MuGard, used to treat oral mucositis, a condition that affects about 400,000 cancer patients each year. The drug is an oral mucoadhesive that works by creating a gel coating over the oral mucosa to shield the membranes of the mouth and tongue.

June 10, 2013

Anglo-Swedish drug maker AstraZeneca will pay up to $1.15 billion for a U.S. developer of drugs for respiratory diseases, AstraZeneca said Monday.

LONDON — Anglo-Swedish drug maker AstraZeneca will pay up to $1.15 billion for a U.S. developer of drugs for respiratory diseases, AstraZeneca said Monday.

The company announced that it would buy Redwood City, Calif.-based Pearl Therapeutics, which has an inhaled drug for chronic obstructive pulmonary disease, called PT003 (formoterol fumarate; glycopyrrolate), in late-stage clinical development.

June 10, 2013

Warren Buffett's Berkshire Hathaway and 3G have completed their acquisition of condiment maker H.J. Heinz Co., Heinz said.

PITTSBURGH – Warren Buffett's Berkshire Hathaway and 3G have completed their acquisition of condiment maker H.J. Heinz Co., Heinz said.

Shareholders of Heinz will receive $72.50 per share in cash in the sale, whose total price is $28 billion. As a result of the deal, Heinz's stock is no longer trading on the New York Stock Exchange, and 3G Capital partner Bernardo Hees has been appointed as CEO.