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Diplomat CEO to attend White House business summit

BY Alaric DeArment

FLINT, Mich. — The leader of the country’s largest privately owned specialty pharmacy provider is going to Washington, D.C.

Diplomat Specialty Pharmacy said Thursday that CEO Phil Hagerman had received an invitation, along with other business leaders, from the White House Business Council and Business Forward to attend a one-day forum on jobs and the economy, and opportunities for collaboration between the private sector and government.

"I am extremely honored to represent Diplomat, the state of Michigan and also Flint’s business community," Hagerman said. "Diplomat’s continued growth has positioned us to be part of the Michigan delegation. In January, we had 360 employees. Today, as the nation’s fourth-largest specialty pharmacy, we employ [more than] 700 people, and we’re hiring every day."

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Actavis launches generic hypertension, chest pain drug

BY Alaric DeArment

MORRISTOWN, N.J. — Actavis has launched a generic drug for high blood pressure and chest pain, the company said.

Actavis, which recently agreed to an acquisition by Watson Pharmaceuticals, announced the launch of nifedipine extended-release tablets in the 90-mg strength, a generic version of Bayer’s Adalat CC.

Various versions of the drug had sales of about $23 million in 2011, according to IMS Health.


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CVS Caremark Charitable Trust opens 2012 grant application process

BY Antoinette Alexander

WOONSOCKET, R.I. — CVS Caremark Charitable Trust, a private foundation created by CVS Caremark, announced the 2012 grant application process now is open to eligible nonprofit organizations seeking funding.

The trust’s mission: To provide funding for health care, education and community involvement initiatives that help people on their path to better health in CVS Caremark communities.

The CVS Caremark Charitable Trust is inviting nonprofit organizations that are aligned with its mission to submit a letter of intent that provides a brief synopsis of a proposed grant request and a general understanding of the problem or issue the applicant organization seeks to address, how a one-time grant will address the specific need and the applicant organization’s capacity to have a lasting impact on the target audience and problem.

This year, the CVS Caremark Charitable Trust seeks to support programs and initiatives in two main areas of focus intended to meet one of four specific goals:

Access to health care

  • Support innovative approaches to expanding access to health care for vulnerable populations, including support for mobile health innovations that enhance access to health care and bring health care to locations where people need it.

Children and inclusion

  • Increase inclusive options for children with disabilities for physical activity, creativity and play, such as recreational, youth development, camps and school-based programs, including support for physical accommodations and training of staff to allow more children with disabilities to actively participate in these programs;

  • Coordinate and improve healthcare services for children with disabilities and/or special healthcare needs, including providing a continuum of care between disciplines to have a whole view of a child’s needs — such as an occupational therapist and feeding specialist meeting with the child together — or technology needs; and

  • Increase access to and appropriate use of early intervention services for children of all abilities, including support to enhance training and education of pediatricians, parents and others to improve services, referrals and care. The organization helps to educate professionals and parents about autism and other developmental disorders, and the benefits of early intervention via print, press, broadcast, conferences and website information.

All letters of intent must be submitted online before June 29. For more information on the CVS Caremark Charitable Trust grant application guidelines and program funding requirements, click here.

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