FDA approves GSK’s Arnuity Ellipta
LONDON — GlaxoSmithKline announced FDA approval for Arnuity Ellipta (fluticasone furoate inhalation powder), a once-daily inhaled corticosteroid medicine for the treatment of asthma in patients 12 years of age and older.
"The approval of Arnuity Ellipta is an important development for GSK and our expanding respiratory portfolio. It is the first asthma treatment from our new portfolio to have gained approval in the US and enables us to begin expanding the range of medicines that we offer to physicians and appropriate patients," said Darrell Baker, SVP and head, GSK global respiratory franchise.
The approved dosage strengths are 100 mcg and 200 mcg. Arnuity is delivered by the dry powder inhaler Ellipta, which is also used across a range of respiratory medications in GSK's portfolio.
Iconic brands stage a comeback
There are a number of growth drivers across the digestives space, starting with the biggest proton-pump inhibitor to make its way from behind the pharmacy bench to over-the-counter aisles since the original “Purple Pill” was switched in 2003. Once Procter & Gamble switched Prilosec OTC, it became one of the best-selling nonprescription medicines out of all categories. And now that Pfizer is bringing to OTC the $6 billion in prescription business tied to what is now known as the “Purple Pill,” Nexium, there’s no reason to think the latest PPI may soon stake its claim as one of the largest OTC brands.
(For the complete category review, including data, click here.)
But there are other iconic digestive brands making a resurgence in the space. Bayer has boosted sales of Alka Seltzer to $16 million, up 580.5%, with the introduction of Alka Seltzer Fruit Chews. Similarly, the company has increased sales of its Phillips Fiber Good brand with the introduction of a gummy line with sales of $6.3 million, up 2,603.1%.
WSJ: Winn-Dixie/Bi-Lo won’t get IPO
NEW YORK — Southeastern Grocers, the company behind supermarket chains Winn-Dixie and Bi-Lo, will not pursue an initial public offering, according to a report from the Wall Street Journal.
Southeastern Grocers filed for an IPO in September 2013. The company expanded in 2011 after it agreed to make Winn-Dixie stores private in a deal close to $560 million. Southeastern reported a profit of $103 million for fiscal 2012, with sales of $8.6 billion.