The new drug is indicated as a once-daily adjunctive treatment for Type 2 diabetes and works by increasing hormones that stimulate insulin production in the pancreas and that stimulate the liver to produce less glucose.
Hamacher Resource Group will examine the shift in our healthcare system from a professional healthcare setting to self-management and home-based care in the first of two upcoming GMDC Infocasts on Thursday, June 2, from 1 p.m. to 2 p.m., EDT.
The national brand equivalent of GlaxoSmithKline's Flonase will soon be shipping to store shelves with the announcement Monday that Perrigo and its partner West-Ward Pharmaceuticals on Tuesday gained approval from the U.S. Food and Drug Administration.
The Economic Times is reporting that drugmaker Sun Pharma recently received a subpoena from the Department of Justice looking for information about its U.S. subsidiary’s practices in selling and marketing the company’s generics. The report noted that this is the latest move in a larger regulatory interest in generic drug prices in the last year. (Economic Times)
The company’s adjusted earnings before interest, taxes, depreciation and amortization grew 35% to $15.7 million and its gross profit increased 3.1% to $141.3 million, compared to 137.1 million in the prior-year period.
The Washington Post is reporting that researches have identified a strain of E. coli in a Pennsylvania woman that is resistant to the last-resort antibiotic colistin. Centers for Disease Control and Prevention director Tom Frieden told the Post, “It basically shows us that the end of the road isn’t very far away for antibiotics — that we may be in a situation where we have patients in our intensive care units, or patients getting urinary-tract infections for which we do not have antibiotics.” (Washington Post)
Sephora has debuted a section for curly haired women on its website. Popsugar reports that the company has launched a special hub for its curly hair initiative, which seeks to match the right products to a woman's ringlets. Users can look at a series of photos on the site and determine which category their strands fall into. (Popsugar)
Just in time for summer, Mars has launched a new (and hilarious) ad for Snickers Ice Cream Bars. Adweek reports that earlier this month the brand also released another funny ad for its Snickers Bites, as well as a "Hungerithm" ad. (Adweek)
Beverage makers are introducing high-end ready-made chilled bottled and canned coffee, as U.S. shoppers embrace yet one more way to get their caffeine jolt. Bloomberg reports that Coca-Cola, Dr Pepper and other brands are jumping in as well. (Bloomberg)