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LifeScan awarded $3.3 million in counterfeit test strip case

BY Michael Johnsen

MILPITAS, Calif. — LifeScan on Tuesday announced that the U.S. District Court for the Eastern District of New York entered a permanent injunction against Pakistani distributors of counterfeit OneTouch Test Strips and awarded the company damages of $3.3 million.

The judgment against Azam International Trading, Hamid Butt and five related defendants is significant because it is the first time that a federal court awarded the maximum statutory damages under the Lanham Act because of the “real danger to consumers” posed by willful counterfeiting of healthcare products, the company stated. 

“This decision emphasizes the importance of pursuing civil enforcement actions as a way of deterring and punishing those who distribute counterfeit healthcare products, particularly those that can cause serious injury or death," stated Roy Albiani, LifeScan director of global brand protection. "We hope that this judgment and permanent injunctions will act as a deterrent to those that would compromise patient health, the security of our supply chain, and the reputation of our brands." 

In addition to ongoing legal actions, LifeScan has implemented a global brand protection program to help prevent counterfeit products. The program includes market monitoring to detect counterfeit products; the institution of overt and covert features to readily distinguish genuine from counterfeit products; and distributing genuine products to its customers only through a secure supply chain to ensure the delivery of only authentic LifeScan blood glucose test strips to patients.


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Diplomat executive promoted

BY Alaric DeArment

FLINT, Mich. — Diplomat Specialty Pharmacy has appointed Cheryl Allen to VP business development and industry relations, the company said Tuesday.

Diplomat said that in the new role, Allen would oversee new business development, including industry partnerships and relations. Allen has worked in independent, compounding and specialty pharmacy, managed care consulting and healthcare information technology for more than 20 years.

Allen has worked at Diplomat since 2011, having previously served as senior director of clinical services at Sanovia Corp. She also worked for Priority HealthCare as pharmacist-in-charge for oncology and lead pharmacist for pain management and compounding.


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Reuters: Bi-Lo Holdings preparing to go public

BY Michael Johnsen

JACKSONVILLE, Fla. — Bi-Lo Holdings is preparing to go public, according to a Reuters report published Tuesday afternoon. 

Bi-Lo Holding is the parent company of Bi-Lo and Winn-Dixie grocery stores and has hired Citigroup, Credit Suisse and Deutsche Bank in relation to going public, Reuters reported, citing unnamed sources. 

Bi-Lo has been steadily expanding its footprint, most recently with the acquisition of three banners — Sweetbay, Harveys and Reid’s — from Delhaize in a deal worth $265 million earlier this year. That deal included 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. 

Nearly 500 Winn-Dixie locations were acquired by Bi-Lo in 2011. 

 

 

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