Alliance Boots closes deal on South America’s Farmacias Ahumada S.A. retail pharmacy operation
BERN, Switzerland — Alliance Boots on Monday announced that it has completed the acquisition of South America's Farmacias Ahumada S.A. ("FASA").
The completion follows receipt of regulatory approvals and the closing of the cash tender offer for the outstanding fully diluted share capital of FASA whose shares are listed on the Santiago Stock Exchange.
The acquisition comprises two main businesses, which together operate over 1,400 stores, with combined revenues of around $1.4 billion. Farmacias Benavides is the third largest retail pharmacy chain in Mexico with around 1,000 stores, and Farmacias Ahumada is one of the three largest retail pharmacy chains in Chile with around 400 stores.
Sanofi launches authorized generic version of colorectal cancer drug Eloxatin
BRIDGEWATER, N.J. — Sanofi U.S. on Tuesday announced that it has launched an authorized generic version of Eloxatin (oxaliplatin injection) through Winthrop U.S., the company’s generics division. Sanofi’s authorized generic version is the same formulation as the original drug, Eloxatin, for which the company holds the original patent.
Eloxatin is a platinum–based drug used in combination with infusional 5–fluorouracil/leucovorin. This treatment is indicated for treatment of advanced colorectal cancer or as adjuvant treatment of stage III colon cancer in patients who have undergone complete resection of the primary tumor. The authorized generic version of Eloxatin will be available in the same sizes, 50-mg and 100-mg single–use vials.
“We are committed to broadening access to our medicines and providing more affordable treatment options for patients,” stated Charles Hugh-Jones, chief medical officer, North America, Sanofi. “The availability of an authorized generic version of Eloxatin is welcomed news for patients and physicians alike.”
Rite Aid announces availability of seasonal flu vaccinations
CAMP HILL, Pa. — Rite Aid is getting a head start on the 2014-15 cold and flu season with the announcement Tuesday that seasonal flu shots are now available at Rite Aid pharmacies nationwide.
“Getting a flu shot as soon as it is available is the single best way to protect yourself and others against the flu,” stated Robert Thompson, Rite Aid EVP pharmacy. “Rite Aid pharmacists stand ready to provide this important health service as part of our on-going commitment to helping our customers and the communities we serve live and stay well, and we encourage everyone to get vaccinated as soon as possible, so they and their loved ones are protected against the flu.”
In an effort to help employers avoid what the Centers for Disease Control estimates to be a $10.4 billion in direct costs for flu-related hospitalizations and outpatient visits for adults, Rite Aid will have a team dedicated to planning and implementing onsite workplace flu clinics, staffed by certified immunizing Rite Aid pharmacists. Rite Aid is also able to offer employers a voucher program, in which employees would receive a flu shot voucher to use at any Rite Aid pharmacy.
The standard trivalent flu vaccine will offer protection against three strains of the flu: the influenza A H3N2 virus, the influenza B virus and the H1N1 virus that emerged in 2009. Additionally, a quadrivalent flu vaccine that offers protection against an additional influenza B virus, which has appeared in six of the last 11 flu seasons, will also be available. The CDC recommends that everyone six months of age and older get a flu vaccination as soon as it is available, since it takes about two weeks after vaccination for antibodies to develop in the body and provide protection against the flu.
All Rite Aid pharmacies currently have supplies of trivalent and quadrivalent flu vaccines and a high-dose flu shot approved for people ages 65 years and older; the intranasal flu vaccine will be available mid-to-late August. The Advisory Committee on Immunization Practices recently recommended intranasal flu vaccine as the preferred vaccine for healthy children ages 2 to 8 years. Upon request, Rite Aid pharmacists can administer an intradermal flu shot, which uses a smaller needle that is injected into the skin instead of the muscle, approved for people 18 to 64 years of age.
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