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Aegerion receives FDA approval for cholesterol drug, with strongest warning

BY Rebecca Haughey

CAMBRIDGE, Mass. — The Food and Drug Administration on Monday approved Aegerion Pharmaceuticals’ cholesterol drug, Juxtapid.

The drug — an alternative treatment for patients who have a genetic predisposition to high cholesterol — will carry a boxed warning, the strongest level of FDA warning. Juxtapid will be available only through a restricted program due to risk of liver damage.

Aegerion also will conduct a post-approval study to test the long-term safety and efficacy of Juxtapid, the company said. It plans to launch the drug in January.

 

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Winn-Dixie Foundation invests $1.5 million across 123 nonprofit organizations

BY Michael Johnsen

JACKSONVILLE, Fla. — The Winn-Dixie Foundation last week announced it is investing $1.5 million in neighborhoods across the Southeast through partnerships with 123 nonprofit organizations, providing a broad range of services.

“Winn Dixie is not only committed to serving our communities as a business and employer, but to do our part to make our communities stronger,” stated Mary Kellmanson, marketing SVP of Winn-Dixie Stores and president of the Winn-Dixie Foundation. “We are truly honored to be able to support so many organizations and the dedicated people within them. We are awed each year at the inspiring stories of courage and triumph shared by these organizations.”

By providing grants to programs that feed the hungry, assist women and children in need, help the sick, and address inequalities in education and health, the Winn-Dixie Foundation touches neighbors in five states across the Southeast.

Last year, the Winn-Dixie Foundation helped fund 112 programs benefiting people who need a helping hand, including neighborhoods in Alabama, Florida, Georgia, Louisiana and Mississippi.

 

 

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Online holiday shopping sales up 15.2%: Chase Holiday Pulse

BY Jason Owen

NEW YORK — Consumers continued to shop online in ever-increasing numbers this holiday season, according to Chase Holiday Pulse, an aggregator of payment processing data from 50 of Chase Paymentech’s largest U.S. e-commerce merchants. Pulse results showed YTD year-over-year sales growth of 15.2%.

For the overall holiday season, Oct. 29 through Dec. 25, the Pulse analysis also revealed transaction growth was up 24.3% YoY, while the average ticket price number continued to decline by 7.3% YoY.

Along with these results, the Chase Holiday Pulse data revealed several more trends from the holiday shopping season.

For the period from Black Friday (i.e., Nov. 23) through Nov. 30, YoY sales increased by 22.5%, and transactions increased by 32.7%. The busiest shopping week was Dec. 10 (i.e., Green Monday) through Dec. 16. Mobile device use continued to climb as well. Trends continue to show consumers using mobile devices to research products they viewed in stores and then purchase the items online later. Part of the boost for Black Friday and Cyber Monday sales is also attributed to the increase of holiday promotions from retailers, with heavy activity of emails, online coupons and discounts.

Overall, the data and trends point toward a very strong and successful year for online merchants in 2012.

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