FDA approves weight-loss drug
SILVER SPRING, Md. — The Food and Drug Administration has approved a new weight-loss drug made by Vivus, the agency said.
The FDA announced the approval of Qsymia (phentermine and topiramate) extended-release, designed for use by overweight and obese adults alongside a reduced-calorie diet and exercise for chronic weight management. The drug’s original brand name was Qnexa.
"Obesity threatens the overall well-being of patients and is a major public health concern," FDA Center for Drug Evaluation and Research director Janet Woodcock said. "Qsymia, used responsibly in combination with a healthy lifestyle that includes a reduced-calorie diet and exercise, provides another treatment option for chronic weight management in Americans who are obese or are overweight and have at least one weight-related comorbid condition."
Stater Bros. promotes David Harris to finance chief
SAN BERNARDINO, Calif. — Stater Bros. has promoted one of its executives to a new role.
Stater Bros. board chairman and CEO Jack Brown confirmed that David Harris was promoted to the position of SVP finance, CFO and principal accounting officer at the company. Harris joined the company in 2009 as VP finance and was promoted to SVP finance last year.
"I am confident that Dave will do an excellent job in his new position, where he is responsible for all the financial areas of the company," Brown said. "I have known Dave and he has been familiar with Stater Bros. for over eighteen years. His extensive background in accounting and his leadership abilities will be very valuable to the continued growth of the company."
Kraft Foods, SodaStream add Kool-Aid to co-branded portfolio
NORTHFIELD, Ill., and AIRPORT CITY, Israel — Kraft Foods and SodaStream have expanded their strategic partnership.
The companies said that their co-branded portfolio now will include Kraft Foods’ Kool-Aid brand and initially will include cherry, grape and tropical punch flavors. Terms of the deal were not disclosed.
"The Kool-Aid brand will be a great addition to the current lineup we’ve developed with SodaStream," Kraft Foods VP beverages Doug Weekes said. "We’re pleased with the early success of Crystal Light and Country Time and believe that adding Kool-Aid will attract even more people to enjoy our flavors with personally-made carbonation."