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FDA approves Perrigo overactive bladder drug

BY Alaric DeArment

ALLEGAN, Mich. — The Food and Drug Administration has approved a generic drug for incontinence made by Perrigo Co., the drug maker said Wednesday.

Perrigo announced the approval of trospium chloride extended-release capsules in the 60 mg strength, a once-daily treatment for overactive bladder with symptoms of urge urinary incontinence, urgency and urinary frequency. The drug is a generic version of Allergan’s Sanctura XR, which has annual sales of $54 million, according to Symphony Health Solutions.

Perrigo also said it would challenge Eli Lilly’s patent for the topical testosterone treatment Axiron by filing for approval of a generic version with the Food and Drug Administration, prompting Lilly and partnering company Acrux to file a lawsuit in the U.S. District Court for the Southern District of Indiana last week. According to Symphony Health Solutions, Axiron has annual sales of about $229 million.


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Bi-Lo to buy 165 stores from Delhaize for $265 million

BY Alaric DeArment

JACKSONVILLE, Fla. — The parent company of the Bi-Lo and Winn-Dixie supermarket chains will buy three chains from Belgium-based Delhaize Group.

Bi-Lo Holdings said it would acquire the Sweetbay, Harveys and Reid’s chains from Delhaize for $265 million. The deal includes 72 Sweetbay stores, leases for 10 prior Sweetbay locations, 72 Harveys stores and 11 Reid’s stores, for a total of 165 stores and 10,000 employees throughout the Southeast. Bi-Lo Holdings already operates 686 stores, 482 of which have pharmacies, throughout the southeast.

"Sweetbay, Harveys and Reid’s are well-recognized and trusted businesses that share our passion for exceptional service," Bi-Lo Holdings president and CEO Randall Onstead said. "We look forward to welcoming the outstanding associates of all three chains to the Bi-Lo Winn-Dixie family."

 

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Hy-Vee hires NBA star to promote children’s health, wellness

BY Alaric DeArment

WEST DES MOINES, Iowa — Hy-Vee has hired an NBA player to promote health and fitness among children around the Midwest, the supermarket chain said Wednesday.

Hy-Vee, which operates 233 stores in eight Midwestern states, announced that it hired Iowa native and NBA rookie Harrison Barnes, who will appear at stores and events such as the Hy-Vee Triathlon and Hy-Vee IronKids youth triathlons, encouraging participation in sports and fitness activities while also reaching to the public through social media. Barnes started this past season with the Golden State Warriors, based in Oakland, Calif.

"We’ve had the privilege of watching Harrison Barnes grow up here in Iowa and go on to succeed at the highest level of his sport," Hy-Vee VP marketing and brand image Donna Tweeten said. "We’re proud not only of the things he’s accomplished, but also the way in which he’s accomplished them — through discipline, drive and determination to be the best he can be. He’s a role model who will inspire both kids and adults to achieve their own health and fitness goals."

 

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