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Boy Scouts of America salutes Duane Reade executive

BY Allison Cerra

NEW YORK The Greater New York Councils, Boy Scouts of America honored Duane Reade SVP and chief merchandising officer Joe Magnacca with its annual “Good Scout” Consumer Products award.

Magnacca, who joined Duane Reade in September, was recognized for “exemplifying the ideals of the Boy Scouts of America as expressed in the Scout Oath and Law,” the organization said.

Magnacca received his award at a special luncheon Tuesday at the Hilton New York. Last year’s recipient was Bryan Shirtliff, SVP category management for Rite Aid.

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Sanofi, Intelliject sign licensing agreement for auto injector

BY Alaric DeArment

BRIDGEWATER, N.J. The U.S. subsidiary of French drug maker Sanofi-Aventis will work with a Richmond, Va.-based company on an auto injector for severe allergic reactions.

Sanofi announced Monday that it had signed an agreement with Intelliject to develop and market an auto injector for the emergency treatment of anaphylactic responses, which occur up to 2,000 times per 100,000 people in the United States alone each year and can be fatal within minutes.

Under the agreement, Sanofi will be responsible for manufacturing and commercialization in North America, while Intelliject will be responsible for development and regulatory filings while retaining certain rights to co-promote the auto injector in the United States. Sanofi will make an unspecified payment upfront to Intelliject and be eligible for milestone payments and royalties.

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Diabetes population to double, costs to nearly triple by 2034

BY DSN STAFF

NEW YORK An ever-rising tide of newly diagnosed diabetics can only mean one thing for retailers and suppliers offering diabetes solutions — opportunity — because where there’s pain, there’s gain.

 

And it doesn’t really matter if the Novo Nordisk study’s projection on the number of diabetics actually comes to pass. Because what does matter is the fact that the diabetes market already is large, it’s going to continue to grow and savvy retailers and suppliers of diabetes solutions will be able to partner on how to best serve that burgeoning population.

 

There is no shortage of examples on how retailers and suppliers are partnering around initiatives to better educate families with diabetes in a comprehensive effort to hopefully scuttle the projection that the number of diabetics in the United States will double up in the next 25 years.

Medicine Shoppe International, for example, revealed last year during Drug Store News’ 6th Annual Diabetes Roundtable an education initiative in partnership with Bayer Diabetes, where Bayer produced diabetes-friendly recipe cards for dissemination at their stores. And Safeway talked about the series of American Diabetes Association expos that the chain sponsors in an effort to help drive awareness around how to better live with diabetes.

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