Mylan’s Matrix Labs subsidiary gets name change
PITTSBURGH — Mylan’s India-based subsidiary is changing its name, Mylan said Wednesday.
The generic drug maker announced that Matrix Labs, based in Hyderabad, India, had formally changed its name to Mylan Labs.
"We are pleased to complete the name change from Matrix to a Mylan company and are excited to operate in India under one powerful brand," Mylan chairman and CEO Robert Coury said.
Mylan acquired Matrix in 2006.
Concepts in Health defends MidNite Sleep Remedy patent
BLAUVELT, N.Y. — Concepts in Health on Wednesday reported it successfully has defended its MidNite Sleep Remedy patent from possible infringement by Contract Pharmacal, which had been manufacturing a store-brand version.
According to Concepts, Contract Pharmacal agreed to discontinue manufacturing and selling CVS Natural Sleep Aid or any substantially similar product. Additionally, CPC will not challenge the validity or enforceability of the MidNite patent (U.S. Patent 6,703,412).
“We are deeply gratified by the outcome of this settlement,” stated Holly Rosenthal, Concepts president. “We will continue to vigorously protect our intellectual property at whatever cost.”
Under the terms of the agreement, CPC did not admit liability for infringement of, or to the validity or enforceability of, the ‘412 patent. Financial and other terms of the settlement were not disclosed.
Pharmacy drive-throughs get green makeover
Retailers can find myriad ways to reduce their carbon footprints, but one way has become a common feature: the drive-through lane.
Over the past few years, Cincinnati-based E.F. Bavis and Associates has a number of drive-through systems designed to preserve the convenience of drug delivery by car window while also helping drug stores use less energy and produce less carbon dioxide.
Last month, the company introduced the Bavis Solar Transaction Drawer, a modification of its original, nonsolar drawer. The drawer is designed to eliminate problems at drive-through windows, such as the inability to reach items and poor audio communication, in addition to requiring little maintenance and fewer replacement parts. Virtually every component of the drawer is recyclable and made in the United States.
Last September, the company introduced the Bavis Solar Captive Carrier TransTrax conveyor delivery system, a solar-powered version of the original TransTrax, designed to replace pneumatic tube systems, which the company said produce nearly 3,000 lbs. of carbon dioxide per year. The solar TransTrax, E.F. Bavis said, can save users about $6,000 over a 10-year period.