Actavis in talks to combine with Warner Chilcott
PARSIPPANY, N.J. — Actavis is looking into the possibility of buying Warner Chilcott, the generic drug maker said Friday.
Actavis, the world’s third-largest generic drug maker, said it had entered into early-stage discussions with Warner Chilcott about a potential combination of the two, but that no agreement had been reached, and that it wouldn’t issue further comment about the matter.
Last month, according to published reports, a proposal by Canadian drug maker Valeant Pharmaceuticals International to acquire Actavis fell through. Valeant had been planning to pay more than $13 billion in stock to acquire the generic drug maker, but the two could not agree to terms of the deal.
Actavis reported sales of $5.91 billion in its fiscal year 2012 earnings, while Warner Chilcott had sales of $2.475 billion.
Congressional leaders are actively listening to what today’s health and wellness leaders have to say
More than 300 community pharmacists helped educate their legislators over crucial small business issues as part of the NCPA’s 2013 Legislative and Government Affairs conference. All told, the pharmacists conducted more than 500 meetings with congressional offices.
There is a reason why the industry is poised to play a larger role in health reform. Five years ago or more, the PBMs had Washington’s ear. But today, pharmacy is doing a much better job of telling its story. Counting NACDS’ recent RxImpaxt day, retail pharmacy has conducted more than 900 meetings with legislators in the past eight weeks or so.
The DSN Group put together a special report in honor of the occasion to help illustrate just how community pharmacy is making a difference. "Pharmacists do a lot more than just dispense prescriptions," DSN editor-in-chief Rob Eder wrote in the intro to the Congress leaders’ retail pharmacy digest. "They engage in a practice called medication therapy management, working closely with patients to ensure they take their medications correctly. This practice is returning about $12 in savings for every $1 invested in it."
And that’s just one example.
But the industry’s sharing of retail pharmacy’s success stories with Congress leaders has to continue, Steve Anderson, president and CEO for the National Association of Chain Drug Stores, told recent attendees of the association’s annual meeting. “I have talked before about our all-branches and all-levels of government approach to advocacy. Now we must go deeper: Beyond reaching every branch of government to reaching — and convincing — every bastion of government, each entrenched corner of Congress, governmental departments and agencies that holds to its own beliefs, despite the existence of a better way,” Anderson told attendees. “The healthcare reform experience has validated the proactive approach of NACDS. Yet our successes expose ever-greater challenges that lie ahead.”
And it’s not just retail pharmacy that’s proclaiming the value of retail health and wellness solutions. The Council for Responsible Nutrition and the Natural Products Association this year joined forces in sitting down with Congressional leaders over natural health initiatives.
Snacks often don’t provide kids’ nutritional needs, study finds
CINCINNATI — Kids in child care are not meeting their daily nutritional needs with the snacks they tend to eat, according to a new study.
The study, conducted by researchers at Cincinnati Children’s Hospital Medical Center and published online in the journal Childhood Obesity, found that despite efforts to improve the diets of children in child-care settings, meals, and especially snacks, lack nutritional quality despite constituting 26% of children’s daily calorie intake. The researchers reviewed menus at 258 child-care centers in southwestern Ohio and analyzed the average weekly frequency for servings of fruits, vegetables, lean meats, juice and sweet or salty foods, finding that the composition of lunches differed from snacks in all food categories.
The study found that fruits, vegetables and meats were rarely included in snacks, but were frequently found in lunches. But 87% of centers served sweet and salty foods like gummy snacks, pretzels and crackers at snack time more than three times a week. One-hundred percent fruit juice was also listed as a component of snacks at least three times per week in more than one-third of the centers surveyed, but rarely with lunch.
"Snack time for kids is a missed opportunity," lead study author and Cincinnati Children’s pediatrician Kristen Copeland said. "With some 75% of kids ages 3-5 in child care, revising the types of foods and beverages served at snacks in child care may be a way to address the growing obesity problem."