Content about Pharmaceuticals policy

October 12, 2010

Lupin Pharmaceuticals received regulatory approval last week for its generic antihypertensive agents, the drug maker...

BALTIMORE, Md. Lupin Pharmaceuticals received regulatory approval last week for its generic antihypertensive agents, the drug maker said.

Lupin was granted final approval for hydrochlorothiazide-losartan potassium and losartan potassium, the generic versions of Merck's Hyzaar and Cozaar.

Hyzaar and Cozaar had combined annual sales of approximately $1.6 billion in the United States, based on IMS sales data for the 12 months ended in June.

October 11, 2010

Actavis has received regulatory approval from the Food and Drug Administration for its high blood...

MORRISTOWN, N.J. Actavis has received regulatory approval from the Food and Drug Administration for its high blood pressure drug.

 

The drug maker said its losartan potassium tablets, USP, will be available in 25-mg, 50-mg and 100-mg strengths. The drug is a generic version of Merck's Cozaar.

 

 

Losartan potassium tablets, USP, had sales of approximately $940 million for the 12 months ended June 30, according to IMS Health.

 

October 11, 2010

The Medicare prescription drug benefit continues to enjoy strong support among the country’s seniors, according...

October 10, 2010

The new prescription requirement for over-the-counter medicines under flexible spending accounts, part of the new...

WASHINGTON Drug Store News, for the simple reason that the change actually hurts the people health reform was supposed to help—patients looking to save money on healthcare costs. —The new prescription requirement for over-the-counter medicines under flexible spending accounts, part of the new Affordable Care Act, may amount to bad medicine, many industry pundits have told

And the ramifications of that simple requirement also will be felt across the retail pharmacies that those in search of healthcare savings patronize.

October 7, 2010

The drug industry is undergoing a major paradigm shift. Companies that traditionally have relied on...

WHAT IT MEANS AND WHY IT'S IMPORTANT The drug industry is undergoing a major paradigm shift. Companies that traditionally have relied on blockbuster drugs are finding that model running dry as their biggest money-makers face competition from generics that eventually will lead to a heavily commoditized market for the disease states that have been the foundation for the model, such as high cholesterol, asthma, mental illness and gastroesophageal reflux disease.

October 6, 2010

The Community Anti-Drug Coalitions of America and the Consumer Healthcare Products Association on Wednesday joined...

WASHINGTON The Community Anti-Drug Coalitions of America and the Consumer Healthcare Products Association on Wednesday joined forces to kick off their annual National Medicine Abuse Awareness Month to raise awareness of the dangers of youth prescription and over-the-counter medicine abuse.

This initiative, annually held in October, features a coordinated and concentrated effort to educate parents and youth of the potential dangers associated with prescription and OTC medicine abuse.

October 6, 2010

The global pharmaceutical market will reach a value of $880 billion next year, according to...

NORWALK, Conn. The global pharmaceutical market will reach a value of $880 billion next year, according to a report by market research firm IMS Health.

 

IMS Health forecasted 5% to 7% growth in 2011 in its annual IMS Market Prognosis, compared with 4% to 5% growth this year.

 

 

October 6, 2010

Watson Pharmaceuticals has settled a patent lawsuit with Endo Pharmaceuticals concerning an Endo prescription painkiller,...

MORRISTOWN, N.J. Watson Pharmaceuticals has settled a patent lawsuit with Endo Pharmaceuticals concerning an Endo prescription painkiller, Watson said Thursday.

 

The generic drug maker said its subsidiary, Watson Labs, had received a royalty-free license to Endo’s patents covering the extended-release painkiller Opana ER (oxymorphone).

 

 

Watson will have the right to launch its version of the drug in September 2012. Other details of the settlement were not disclosed, Watson said.

 

October 5, 2010

AstraZeneca will provide medications free of charge to qualifying patients in Sacramento, Calif., through its...

WILMINGTON, Del. AstraZeneca will provide medications free of charge to qualifying patients in Sacramento, Calif., through its prescription savings program, the Anglo-Swedish drug maker said Wednesday.

 

October 5, 2010

The National Community Pharmacists Association is giving independent drug store owners some new help in...

October 4, 2010

Parents’ confusion over correctly administering over-the-counter medication to their children appears to be shared worldwide,...

PALM BEACH GARDENS, Fla. Parents’ confusion over correctly administering over-the-counter medication to their children appears to be shared worldwide, according to a new study presented this week in Lisbon, Portugal, by Rebekah Moles from the University of Sydney.

October 4, 2010

Ranbaxy has won the right to sell a generic version of an Alzheimer’s disease drug...

NEW YORK Ranbaxy has won the right to sell a generic version of an Alzheimer’s disease drug made by Eisai, according to published reports.

Bloomberg reported Tuesday that the Indian drug maker had won 180 days’ exclusivity in which to market a generic version of Eisai’s Aricept (donepezil hydrochloride) tablets, pending final Food and Drug Administration approval, beating out Israel-based Teva Pharmaceutical Industries.

October 4, 2010

Shortly after Walmart and Humana announced that they would offer a Medicare Part D prescription...

BENTONVILLE, Ark. Shortly after Walmart and Humana announced that they would offer a Medicare Part D prescription drug program to customers, signage in Walmart stores popped up.

 

October 4, 2010

Generic drug maker Watson Pharmaceuticals is seeking approval for a generic treatment for Parkinson’s disease,...

MORRISTOWN, N.J. Generic drug maker Watson Pharmaceuticals is seeking approval for a generic treatment for Parkinson’s disease, prompting a lawsuit from the drug’s manufacturer.

 

Watson said Tuesday that Watson Labs, a subsidiary of the company, had filed for approval for rasagiline mesylate tablets, a treatment for Parkinson’s used either alone or with the drug levodopa. The drug is a generic version of Teva Neuroscience’s Azilect.

 

 

October 3, 2010

A local supermarket chain is offering $4 prescription and over-the-counter medications at its pharmacies....

October 3, 2010

Privately owned drug-development company ProteoTech will work with a Chinese company to develop a drug...

KIRKLAND, Wash. Privately owned drug-development company ProteoTech will work with a Chinese company to develop a drug to treat Alzheimer’s disease, ProteoTech said Monday.

 

October 3, 2010

Sam's Club pharmacies are saluting pharmacists across the nation with an awareness campaign in line...

October 1, 2010

Walmart and Humana on Friday unveiled a new Medicare Part D prescription drug offering designed to help both companies gain market share and save money for those enrolled in the program ...

BENTONVILLE , Ark. (Oct. 1) Walmart and Humana on Friday unveiled a new Medicare Part D prescription drug offering designed to help both companies gain market share and save money for those enrolled in the program.

September 30, 2010

Harris Teeter is offering customers more ways to save on their prescriptions....

September 30, 2010

The independent pharmacy industry is crying foul over a new plan by Walmart and insurance...

September 30, 2010

Launching a pre-emptive campaign to capture a major share of the Medicare prescription market, Walmart...

WHAT IT MEANS AND WHY IT'S IMPORTANT Launching a pre-emptive campaign to capture a major share of the Medicare prescription market, Walmart and Humana have unveiled a boldly conceived, co-branded Medicare Part D prescription drug plan that offers steeply discounted premiums and co-payments.

(THE NEWS: Walmart, Humana unveil new Medicare Part D prescription drug offering. For the full story, click here)

September 29, 2010

The Food and Drug Administration has given tentative approval to a generic cholesterol drug made...

MUMBAI, India The Food and Drug Administration has given tentative approval to a generic cholesterol drug made by Sun Pharmaceutical Industries.

Sun announced Wednesday the tentative approval of rosuvastatin calcium tablets in the 5-mg, 10-mg, 20-mg and 40-mg strengths.

September 29, 2010

The Food and Drug Administration declined to approve a Teva biosimilar, the generic drug maker...

JERUSALEM The Food and Drug Administration declined to approve a Teva biosimilar, the generic drug maker said Thursday.

 

Teva said it received a complete response letter from the FDA concerning Neutroval (filgrastim), for neutropenia in patients receiving chemotherapy for cancer. The FDA issues complete response letters when it needs additional information before it can approve a drug.

 

 

Neutroval is a biosimilar of Amgen’s Neupogen and is marketed in Europe under the name TevaGrastim.

 

September 29, 2010

Walgreens has teamed up with Sharps Compliance to launch the drug store chain's first-ever safe...

September 29, 2010

Walgreens announced Thursday that Jeffrey Berkowitz, a former SVP at drug maker Merck, has joined...

DEERFIELD, Ill. Walgreens announced Thursday that Jeffrey Berkowitz, a former SVP at drug maker Merck, has joined the company.

Berkowitz will serve as Walgreens' SVP pharmaceutical development and market access, responsible for the overall pharmacy contracting strategy for the company, both on the pharmaceutical manufacturing side and on the retail payer side, the drug store chain said. He will report to Walgreens' pharmacy services president Kermit Crawford.