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Crain’s: Klaff Realty eyeing Supervalu’s Jewel-Osco business

BY Michael Johnsen

CHICAGO — Suitors are lining up to carve out divisions of Supervalu following the company’s announcement last month that strategic divestitures were on the table as the Eden Prairie, Minn.-based grocer seeks to turn around its business performance. A Crain’s report published Monday identified Klaff Realty as one of the first companies to express an interest, in this case the Jewel-Osco piece of the business.

According to the report, Jewel-Osco competitor Dominick’s is also a likely suitor for that piece of Supervalu’s portfolio. The report also noted that Kroger could benefit from acquiring parts of Supervalu.

For the full Crain’s report, click here.

 

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Prasco, Sunovion enter agreement over Xopenex authorized generic

BY Alaric DeArment

CINCINNATI, Ohio — Prasco Labs is distributing an authorized generic version of a respiratory drug under an agreement with the branded drug’s manufacturer.

Prasco said Monday that it had entered an agreement with Sunovion Pharmaceuticals to distribute an authorized generic version of Sunovion’s Xopenex (levalbuterol hydrochloride) inhalation solution in the 1.25-mg/3-mL, 0.63-mg/3-mL and 0.31-mg/3-mL strengths. An authorized generic is a branded drug marketed under its generic name at a reduced price, usually under a partnership between the branded drug’s manufacturer and a third-party company.

Xopenex is used to treat and prevent bronchospasm in patients ages 6 years and older with reversible obstructive airway disease. Xopenex had sales of about $474 million during the 12-month period ended in June, according to IMS Health.


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Target Clinics, Duke Medicine enter new relationship for four new clinics in N.C.

BY Antoinette Alexander

MINNEAPOLIS — Target Clinic has inked a new strategic relationship with healthcare system Duke Medicine in an effort to provide greater access to care at four new Target Clinic locations in Raleigh-Durham, N.C., which opened on July 29.

Physicians from Duke Primary Care will provide medical directorship services, such as availability for consultation with Target Clinic providers and regular chart reviews, at the four new clinics.

“As we introduce Target Clinic to our guests in Raleigh-Durham, we are excited about this relationship with Duke’s world-renowned health system, which was recently ranked among the top 10 medical centers nationally by U.S. News & World Report,” stated Kevin Ronneberg, medical director for Target Clinic. “The physicians at Duke Medicine and Target Clinic’s nurse practitioners will work together to provide our guests with greater access to convenient, affordable, high-quality health care.”

“These four new clinics will be capable of offering a high level of convenience and accessibility for people seeking care for a variety of basic health needs,” added John Anderson, chief medical officer for Duke Primary Care. “Target Clinic has developed a strong model of care for the services it will provide in its clinics, and we look forward to working with them.”

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