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Prasco to host NCCAA Division I and II baseball World Series

BY Jason Owen

MASON, Ohio — Ohio pharmaceutical company Prasco will host the National Christian College Athletic Association championships here at Prasco Park in May, the company announced today.

College teams from all over the country will descend on Prasco Park to compete in its Division World Series May 8 to 11, and May 15 to 18.

Division II games will begin on May 8, after a service day at Matthew 25 Ministries and banquet on May 7. The Division II opening games will be on May 8 at 1 p.m. at Prasco Park and Legacy Field, adjacent to Prasco Park. The NCCAA championship game will be played May 11 at 2 p.m.

Then on May 15, Division I games will begin after a service day on May 14 at Matthew 25 Ministries and banquet the night before. Division I opening games will start at 10 a.m. on May 15 at Prasco Park and Legacy Field. The Division I championship game will be played on May 18 at 2 p.m. at Prasco Park.

Admission to both baseball championships is free and attendees will have opportunities to participate in activities and contests throughout the tournament. Fan amenities will include complimentary food and drink, speed pitch, wiffle ball, an obstacle course, bungee run, face painting and more.

All community and media members are welcome and encouraged to attend.


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Actavis sales up 24% in first quarter 2013

BY Alaric DeArment

PARSIPPANY, N.J. — Actavis’ had $1.9 billion in sales in first quarter 2013, the drug maker said.

The latest figure represented a 24% increase from first quarter 2012’s $1.52 billion. "The new Actavis is off to a strong start in 2013, and as a result, we are increasing our 2013 forecast based on the strong performance and execution against our objectives to date," president and CEO Paul Bisaro said.

The company touted several new products that launched during the quarter, including generic versions of Reckitt Benckiser’s opioid dependence drug Suboxone (buprenorphine) and an authorized generic version of GlaxoSmithKline’s herpes drug Zovirax (aciclovir). Authorized generics are branded drugs marketed under their generic names at a discounted price, usually under a deal between the brand-name drug manufacturer and a third-party company.

The company has also settled patent-infringement lawsuits for generic versions of AstraZeneca’s cholesterol drug Crestor (rosuvastatin calcium); Mallinckrodt’s painkiller Exalgo (hydromorphone); Mediciss acne drug Ziana (clindamycin phosphate; tretinoin); Medicis’ warts, actinic keratosis and basal cell carcinoma drug Zyclara (imiquimod); Shire’s hypertension and attention deficit hyperactivity disorder drug Intuniv (guanfacine); and an abuse-deterrent version of Purdue Pharma’s painkiller OxyContin (oxycodone).

Part of the company’s sales growth came from its branded drugs, such as the contraceptive Generess Fe (norethindrone and ethinyl estradiol tablets, ferrous fumarate chewable tablets), the enlarged prostate drug Rapaflo (silodosin), the menopause drug Crinone (progesterone) and the testosterone drug Androderm (testosterone).

 

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Retail industry showed significant job growth in April; unemployment falls by 0.1%

BY Alaric DeArment

WASHINGTON — The retail industry added nearly 30,000 jobs last month amid a general uptick in hiring that brought unemployment down to 7.5%, according to the Department of Labor.

The department’s monthly jobs report showed the economy added 165,000 jobs, including 29,000 in the retail industry, which accounts for the largest number of private sector jobs. In addition, the March jobs report, which initially showed that the economy added only 88,000 jobs, was revised upward to 138,000, while the February report was revised upward to 332,000.

"Today’s solid employment news, combined with positive March revisions, may bode well for the broader economy and portend steady retail sales in April," National Retail Federation chief economist Jack Kleinhenz said. "Retailers are continuing to find innovative ways to engage shoppers with the right mix of products, inventory and employment to meet their customers’ demands. With the significant decrease in jobless claims — at the lowest level since the recession — and an uptick in personal discretionary spending and consumer confidence, today’s news is very promising."

Nevertheless, the NRF said concerns remained about the payroll tax increase, the sequester and the upcoming debt ceiling debate in Congress.


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