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Ferring launches Lysteda

BY Alaric DeArment

PARSIPPANY, N.J. Drug maker Ferring Pharmaceuticals has launched a new treatment for women with cyclic heavy menstrual bleeding, Ferring said Monday.

Ferring announced the availability of Lysteda (tranexamic acid) tablets, which it bills as the only non-hormonal and non-surgical therapy for women with cyclic heavy menstrual bleeding. As many as 22 million women in the United States experience HMB.

“Heavy menstrual bleeding is a common condition that can significantly interfere with a woman’s daily activities,” Ferring VP medical affairs Edward Trott said. “Many women consider the condition normal and are unaware that there are treatments available, so they don’t ask their doctor about it.”

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RSVP Group names Hayes Reilly as principal

BY Allison Cerra

EWING, N.J. A global human resources and management consultancy firm has appointed a new principal, the company announced this week.

In his new role, Hayes Reilly will have special responsibility for the fast-moving consumer goods and consumer healthcare products industries at the RSVP Group. Reilly will aid RSVP’s North American business while also significantly adding to its global reach, the company said.

Reilly has more than 12 years of experience in the retained executive search industry, with roles at top global firms in addition to founding his own, as well as 15 years of sales and marketing management experience with FMCG industries with roles at such companies as Unilever.

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Kinney Drugs promotes Burgess, hires former Duckwall-Alco SVP

BY Alaric DeArment

GOUVERNEUR, N.Y. Kinney Drugs has promoted 31-year veteran Michael Burgess to VP financial planning and treasury services, the retail pharmacy chain said Friday.

Kinney, which operates stores in central and northern New York state and Vermont, also hired Jim Spencer as director of retail operations.

Burgess will be responsible for the oversight of the corporate budget and capital spending that will direct financial and budgeting practices, managing corporate cash functions, treasury and accounting activity while continuing to provide strategic analysis and management of insurance and financial risk management programs.

Spencer will be responsible for front-end store operations. He has worked in the retail industry for 20 years, working for Walmart and, most recently, Duckwall-Alco Stores, where he was SVP operations.

“Mike and Jim’s industry experience will complement our mission of providing the highest quality pharmacy, health and retail services to the communities we serve,” Kinney president and COO Bridget-ann Hart said. “We will continue to benefit from Mike’s expertise while welcoming Jim’s retail proficiencies to the Kinney family.”

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