Two generic versions of Depakote ER receive FDA approval
ROCKVILLE, Md. The Food and Drug Administration has approved two generic versions of Abbott’s epilepsy and bipolar disorder drug Depakote ER, agency records show.
The FDA gave tenative approval to Zydus Pharmaceuticals’ divalproex sodium tablets in the 500 mg strength on Feb. 27. It also gave approval to Anchen Pharmaceuticals 250 mg tablets in the 250 mg strength, with an approval date of March 26.
The branded version of the drug had sales of $803 million during the 12 months ending in March 2008, according to IMs Health data.
McKesson Canada withdraws acquisition offer
MONTREAL McKesson Canada has withdrawn its offer to take over Uniprix, the company has announced.
McKesson Canada said the number of shares tendered was not enough to meet the Jan. 19 acquisition offer’s conditions.
“Despite withdrawing our offer, McKesson Canada will continue to support the independent pharmacy business model,” McKesson Canada president Domenic Pilla said in a statement. “As such, our desire to help the Uniprix Group succeed and to see further growth among its banners remains strong, and we wish to pursue our longstanding business relationship.”
D&W Fresh Markets, Family Fare and VG’s Expand Discounted Generic Drug Program
GRAND RAPIDS, Mich. On March 1, D&W Fresh Market, Family Fare and VG’s pharmacies expanded their generic drug program to 90-day prescriptions for $10, the companies announced.
D&W Fresh Market, Family Fare and VG’s Pharmacies are also increasing the number of women’s health medications they offer at the discounted price. These include prescription drugs such as tamoxifen to treat breast cancer and pre-natal vitamins.
Presently, there are two programs offering lower prices on over 300 generic drugs to meet the healthcare needs and healthcare budgets of our customers. These pharmacies are also increasing the number of women’s health medications as part of the generic drug program offer.
This new initiative expands the program introduced in November 2008 that provides a $4 price for more than 300 generic drugs prescribed in 30-day supplies. It also complements several other programs these stores are offering customers to help them stretch their food, fuel, healthcare and household budgets cross promotions, bonus savings and other initiatives.
“Our expanded generic drug program is another example of the many ways we are making it easier for customers to stretch their food, healthcare, and household dollars,” said Alan Hartline, EVP mechandising. “Our customers can continue to rely on the expert health counsel and friendly service our team of professional pharmacists consistently offer.”