Sanofi to acquire Protein Sciences
PARIS — Sanofi on Tuesday announced that it would be acquiring vaccine company Protein Sciences for $650 million upfront. The acquisition also would see Sanofi paying an additional $100 million based on certain milestones.
“Protein Sciences was actively looking for an opportunity to grow its business, particularly in the United States,” Protein Sciences president and CEO Manon M.J. Cox said. “As part of Sanofi Pasteur, we expect our Flublok influenza vaccine to benefit from Sanofi Pasteur’s expertise in the field of influenza vaccines.”
The deal would bring Protein Sciences’ recently approved Flublok quadrivalent flu vaccine to its portfolio — bringing the company a non-egg-based flu vaccine.
"The acquisition of Protein Sciences will allow us to broaden our flu portfolio with the addition of a non-egg based vaccine," Sanofi EVP and head of the company’s vaccine arm Sanofi Pasteur David Loew said.
Sanofi and Protein Sciences expect the deal to close by the end of the third quarter
PrescribeWellness rolls out PrescribeCare to support enhanced pharmacy offerings
IRVINE, Calif. — Cloud-based software company PrescribeWellness’ latest launch is looking to help support pharmacies expanding their clinical services offerings. PrescribeCare software allows pharmacies to create and share care plans electronically while supporting care coordination and tapping into new and emerging payment models, the company said.
“PrescribeWellness is committed to helping community pharmacies make the paradigm shift from being pill-centric to patient-centric, and enhanced services are an integral part of that,” said Al Babbington, CEO of PrescribeWellness. “PrescribeCare further advances community pharmacies’ ability to identify and manage patient care encounters daily, collaborate more easily with physicians and health systems, and uncover non-dispensing revenue opportunities.”
PrescribeCare, which is included as a no-cost feature for PrescribeWellness users, is built with Pharmacist eCarePlan to allow pharmacies to exchange patient information with other care team members. It can be used to identify what interventions or services a patient would benefit from — including adherence monitoring and coaching, immunizations, compliance packaging, delivery and Medicare plan reviews.
“PrescribeWellness is helping transform the future of pharmacy,” PrescribeWellness VP pharmacy practice innovation Mindy Smith said. “With PrescribeCare, community pharmacists have the tools they need to optimize medication therapy and patient health outcomes by connecting with the primary care provider and healthcare team. It is amazing to be a part of the transformation which will help create new opportunities for community pharmacies.”
PrescribeWellness said PrescribeCare interfaces with more than 50 pharmacy management systems to analyze dispensing data in real time, offering insights into patient needs.
Teva intros 2 new strengths of ADHD generic
NORTH WALES, Pa. — Teva recently added two new dosage strengths to its line of generic Focalin XR (dexmethylphenidate HCl) extended-release tablets. The company now offers 25- and 35-mg dosage strengths of the tablets.
The drug indicated to treat patients ages 6 years and older with attention deficit hyperactivity disorder. Teva’s generic is now available in 5-. 10-, 15-, 20-, 25-, 30-, 35- and 40-mg dosage strengths.