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Ahold sales strong in Q1

BY Alaric DeArment

AMSTERDAM — Royal Ahold is quadrupling the size of its share-buyback program amid strong first-quarter 2013 sales and the sale of its majority stake in a supermarket chain, the Netherlands-based supermarket operator said Tuesday.

Ahold reported U.S. sales of $8.1 billion, a 3.4% increase over first-quarter 2012, the result of strong same-store sales and the benefit of 15 former Genuardi stores in the Philadelphia area that it bought from Safeway last year. Those stores are now part of Ahold’s Giant-Carlisle division. The company also reported a negative effect on sales from increased sales of generic drugs, offset by the timing of New Year’s Eve.

Sales for the company overall were $13.2 billion, compared with $12.7 billion during the same period last year. The company also benefited from the $3.05 million sale of its 60% stake in Swedish chain ICA to Hakon Invest, announced in February.

In light of the results, Ahold said it would increase the $653.8 million share-buyback program announced in February to $2.6 billion. So far, the company has repurchased $79.8 million worth of shares and plans to complete the program by the end of next year.


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Murad expands Resurgence line with new cleansing oil

BY Antoinette Alexander

EL SEGUNDO, Calif. — Murad has announced the launch of its new Renewing Cleansing Oil for face, eyes and lips, a cleansing oil developed to revitalize and purify the skin while locking in moisture.
 
This non-comedogenic cleanser is formulated with a blend of botanical oils that are designed to remove impurities, irritants and makeup, including eye makeup, while delivering moisture to restore dull, dry, lackluster skin. Renewing Cleansing Oil for face, eyes and lips is part of the company’s Resurgence line skin care line developed to treat hormonally aging skin.
 
Designed for those who are experiencing medium to deep wrinkles, loss of elasticity and dry, thinning skin, the Renewing Cleansing Oil formula features a botanical blend of oils, including grape seed, pomegranate seed and sunflower seed oils along with olive fruit extract. It also contains jojoba and licorice extract, which helps to improve dry, cracked skin, and almond oil to soothe and soften the skin.
 
Murad’s Renewing Cleansing Oil is priced at $32 and is available at Sephora and Ulta beginning in June and online at Murad.com, Murad Inclusive Health Spa and Murad Inclusive Health Medical Group.


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HDMA names DIANA winners

BY Michael Johnsen

ARLINGTON, Va. — At the 2013 Business and Leadership Conference in Orlando, Fla., Tuesday, HDMA honored pharmaceutical and consumer product manufacturers during the presentation of the 2013 Distribution Industry Awards for Notable Achievements in Healthcare. 

“We are pleased to present these awards this year to honor our manufacturing trading partners, who go above and beyond to launch innovative products, foster strong relationships with HDMA distributor members and generously donate their time and efforts to our Association,” stated HDMA president and CEO John Gray. “We congratulate them on their achievements.” 

The HDMA Manufacturer Partner of the Year Award recognizes manufacturer members for their active participation in the Association. Selected by HDMA, winning companies have at least five consecutive years of membership, regularly participate in HDMA councils and committees, as well as show further support through conference and seminar attendance and sponsorships.    

The 2013 HDMA Manufacturer Partner of the Year Winners are:

  • HDMA Manufacturer Member With Sales to Healthcare Distributors of More Than $50 Million — TEVA Pharmaceuticals USA; and
  • HDMA Manufacturer Member With Sales to Healthcare Distributors of Less Than $50 Million — Amneal Pharmaceuticals.

2013 DIANA Winners:

  • Branded Pharmaceutical Products — Forest Pharmaceuticals for Tudorza Pressair Inhaler;
  • Generic Pharmaceutical Products — Heritage Pharmaceuticals for Cidofovir Injection;
  • Rx Support Systems, Supplies and Service Products — Broadway Industries for its Health Awareness Pharmacy Bags; and
  • Over-the-Counter and Home Healthcare Products — Merck Consumer Care for Dr Scholl’s Active Series Replacement Insoles.

Broadway Industries was named Best Overall Consumer Product Manufacturer with Sales to Healthcare Distributors of Less Than $10 Million. Best Overall Consumer Product Manufacturer with Sales to Healthcare Distributors of More Than $10 Million went to BD Medical. Alvogen was named Best Overall Generic Pharmaceutical Product Manufacturer with Sales to Healthcare Distributors of Less Than $100 Million and Actavis Pharma Best Overall Generic Pharmaceutical Product Manufacturer with Sales to Healthcare Distributors of More Than $100 Million. 

And Upsher-Smith Laboratories was named Best Overall Branded Pharmaceutical Product Manufacturer with Sales to Healthcare Distributors of Less Than $300 Million while Boehringer Ingelheim was awarded Best Overall Branded Pharmaceutical Product Manufacturer with Sales to Healthcare Distributors of More Than $300 Million.


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