Consulting firm taps drug store vet Burnside
ST. CHARLES, Mo. — Former Medicine Shoppe president and Longs Drug veteran Terry Burnside has joined D2 Pharma Consulting as senior consultant for executive management/strategic planning.
While at Medicine Shoppe, Burnside was credited with having led the development of national chain-like programs and services for the company’s small, independent drug store operators, and introduced an overhaul of the company’s franchise agreement for existing and new owners.
Prior to that, Burnside served in a variety of roles of increased responsibility over a 10-year stretch at Longs, including VP merchandising, SVP marketing and COO.
Sandoz gets OK for generic Yaz
PRINCETON, N.J. — The Food and Drug Administration has approved a generic oral contraceptive made by Sandoz, the generics arm of Swiss drug maker Novartis said Wednesday.
Sandoz announced the approval of Loryna (drospirenone 3 mg and ethinyl estradiol 0.02 mg) tablets, a generic version of Bayer HealthCare Pharmaceuticals’ Yaz.
Sandoz is the second company to launch a generic version of Yaz. The company’s portfolio of generic oral contraceptives also includes Altavera (levonorgestrel and ethinyl estradiol) tablets, a generic version of Duramed’s Nordette; and Introvale (levonorgestrel and ethinyl estradiol) tablets, a generic version of Duramed’s Seasonale.
Branded and generic versions of Yaz had about $578 million in sales during the 12 months ended in February, according to IMS Health.
NACDS Foundation appoints new board member
SCOTTSDALE, Ariz. — The National Association of Chain Drug Stores Foundation has elected a Coca-Cola executive to its board of directors.
Diane Wallace will join the NACDS Foundation’s board for a one-year term. Additionally, NACDS president and CEO Steve Anderson was elected to serve as chairman of the NACDS Foundation board of directors; Edith Rosato will serve as president; R. James Huber, NACDS EVP and CFO, will serve as treasurer; and Nicki Robins, NACDS assistant general counsel, will serve as secretary. All officers will serve a one-year term.
Including Wallace, the NACDS Foundation board of directors will have 22 members.
“We welcome Diane Wallace to the NACDS Foundation board, and look forward to working with her in her new capacity,” said NACDS Foundation president Edith Rosato. “The NACDS Foundation board members represent all facets of the pharmacy community — retailers, pharmaceutical companies and consumer product businesses — and together as a cohesive unit, we strive to implement the foundation’s vision and mission to improve and advance public health and wellness.”