PHARMACY

Annual Diabetes Alert Day encourages public to know risk

BY Allison Cerra

ALEXANDRIA, Va. — The annual "wake-up call" that asks the American public to find out if they are at risk for developing Type 2 diabetes was held Tuesday.

The American Diabetes Association’s Diabetes Alert Day, which was held Tuesday, also marks the association’s Join the Million Challenge, which runs through April 22. The ADA encourages the public to take the diabetes risk test, which is available year-round and shows users whether they are at low, moderate or high risk for Type 2 diabetes.

Diabetes strikes nearly 26 million children and adults in the United States, according to the ADA. What’s more, an additional 79 million, or 1-in-3 American adults, have prediabetes, which puts them at high risk for developing Type 2 diabetes.

Click here to take the risk assessment.

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PHARMACY

Valeant CEO named chairman of the board

BY Allison Cerra

MISSISSAUGA, Ontario — J. Michael Pearson has been appointed to chairman of the board at Valeant Pharmaceuticals, the drug maker said Tuesday.

Pearson, who is Valeant’s CEO, will extend his contract with Valeant through February 2017, the company said.

Pearson replaces current chairman Robert Ingram, who remains on the board as an independent board director and lead director.

"I am honored that the board has shown its confidence in me with this appointment and that by extending my contract, [it] allows me the privilege of leading this organization for the next six years," Pearson stated. "I continue to believe in Valeant’s long-term potential, and I look forward to working with our team to execute on our strategy to become a leading specialty pharmaceutical company."

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PHARMACY

Watson introduces generic Famvir

BY Alaric DeArment

MORRISTOWN, N.J. — A subsidiary of Watson Pharmaceuticals has launched a treatment for herpes infections, the company said Monday.

Watson Labs launched famciclovir tablets in the 125-mg, 250-mg and 500-mg strengths. The drug is a generic version of Novartis’ Famvir and is used to treat cold sores and genital herpes in patients with and without HIV.

Famvir and generic versions had sales of about $197 million in 2010, according to IMS Health.

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