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Category Archives: Wholesale Pharmacy
Calif. company, its president plead guilty in growth hormone case
Posted: Published on September 11th, 2012
By the CNN Wire Staff updated 9:22 PM EDT, Mon September 10, 2012 STORY HIGHLIGHTS (CNN) -- A California company and its president pleaded guilty Monday to federal charges related to the distribution of human growth hormone, the Justice Department said. DNP International Company, Inc., of Santa Fe Springs pleaded guilty to three counts, including a felony charge for the wholesale distribution of a prescription drug and two misdemeanor charges, the department said in a news release. Owner David Ji, 50, of Irvine, pleaded guilty to a felony count of distributing prescription drugs in interstate commerce without a license, it said. "When he pleaded guilty (Monday), Ji admitted that his company had distributed an unapproved drug containing somatropin -- a human growth hormone product -- which had not been approved for distribution in the United States by the Food and Drug Administration because the version of the drug being distributed by DNP was manufactured in China," the release said. The company and Ji entered their pleas before U.S. District Judge George H. King, who set sentencing for December 10. Ji faced up to 10 years in federal prison and a $250,000 fine. DNP faces a $900,000 fine. But his lawyer, … Continue reading
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Springfield Police news for Sept. 10
Posted: Published on September 11th, 2012
SPRINGFIELD-- A resident from the 300 block of Madison Road reported to police sometime between Sept. 6 and Sept. 7, her home was forcibly entered through a rear kitchen window. Once inside, the actor went through various rooms. The only thing missing was a jug containing a large amount of loose change. On Sept. 8, Officer David DiTrolio saw a man walking toward the toward the wooded area by the Scenic Road trolley station. The man, identified by police, was found to have an active warrant from the Delaware County Courts, police said. Police said further investigation showed the man was responsible for the burglary on Madison Road, Sept. 6-7. He was taken into custody and transported to the Springfield Police Station where he was charged with burglary, criminal trespass, criminal mischief, theft by unlawful taking and receiving stolen property, said police. The arrest was handled by Detective Bridget McCarthy. Assault A 50-year-old Collingdale man was charged with simple assault, harassment and stalking, and disorderly conduct following an incident in the parking lot of Michaels Craft Store, 6:52 a.m., Sept. 4, said police. According to the police report, Officer Dennis McPartland responded to a report of assault at the store. … Continue reading
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Qualitest Issues Voluntary, Nationwide Recall for One Lot of Hydrocodone Bitartrate and Acetaminophen Tablets, USP 10 …
Posted: Published on September 11th, 2012
HUNTSVILLE, Ala., Sept. 10, 2012 /PRNewswire/ -- Qualitest, a subsidiary of Endo Health Solutions (ENDP), today issued a voluntary, nationwide retail level recall for one lot of Hydrocodone Bitartrate and Acetaminophen Tablets, USP 10 mg/500 mg. The recall includes the following product lot: - Hydrocodone Bitartrate and Acetaminophen Tablets, USP 10 mg/500 mg, NDC 0603-3888-21, 100 count, Lot Number C1440512A, expiry date 12/13. It is possible that some tablets from lot C1440512A exceed the weight specification and could be super-potent for the ingredients Hydrocodone Bitartrate and Acetaminophen. Bottles from the affected lot may contain tablets that have a higher dosage of acetaminophen, and as a result, it is possible that consumers could take more than the intended acetaminophen dose. Unintentional administration of tablets with increased acetaminophen content could result in liver toxicity, especially in patients on other acetaminophen containing medications, patients with liver dysfunction, or people who consume more than 3 alcoholic beverages a day. The product label warns consumers that acetaminophen overdose can potentially cause severe liver damage, at times resulting in liver transplant or death. Taking a higher dose of hydrocodone than intended could result in an increase in the severity or frequency of side effects, such as … Continue reading
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Mylan Launches First Ever App of Its Generic Brand Reference® Guide
Posted: Published on September 6th, 2012
PITTSBURGH, Sept. 6, 2012 /PRNewswire/ --Mylan Inc. (MYL) today announced that it has launched the first ever app of its Generic Brand Reference (GBR) Guide, a free reference and educational tool that helps U.S. health care professionals, patients and pharmacy students to quickly identify the generic name for a brand product and vice versa. Earlier in the year, the company made available the 2012 print edition of its GBR in a convenient, pocket-sized format. Like the print edition, the app for iPhone, iPod touch and iPad * provides an easy-to-use cross-reference guide for brand and generic product names, and in addition offers clinical support tools, including laboratory reference values, an interactive medical abbreviations converter, and functional calculators for common systems of weights and measures. Mylan North America President Tony Mauro said: "We are pleased to offer Mylan's 2012 GBR to health care professionals in the U.S., including pharmacists, physicians and nurses, and chain and wholesale buyers. The GBR provides a comprehensive and up-to-date list of the generic and brand names for more than 2,000 separate oral and liquid dosage forms, as well as injectable and transdermal products. Mylan is committed to partnering with health care providers to optimize their time … Continue reading
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Kenko.com Establishes Joint Venture Company and Opens e-Commerce Site in Mainland China Together with a Chinese …
Posted: Published on September 6th, 2012
TOKYO--(BUSINESSWIRE)-- Kenko.com, Inc. (TOKYO:3325)(CEO: Genri Goto, URL: http://www.kenko.com), a Japanese e-commerce company that sells nutritional supplements, pharmaceutical products, and many other items via the Internet, established the joint venture company LBX UCOM Co., Ltd. together with the major Chinese drugstore chain LBX Pharmacy Chain Co., Ltd. (President:Xie Zilong), and on August 24, 2012, the new company opened an Internet shopping site known as IBALE (URL: http://www.ibale.com). IBALE is an e-commerce site selling Chinese and Japanese health-related products to the Chinese market. Deploying the e-commerce knowhow and operation efficiency cultivated by Kenko.com and utilizing the brand image and on-line retail licenses (for pharmaceutical products, etc.) of the LBX Pharmacy Chain, the goal is to create a highly convenient site where people can buy all the health products of both China and Japan including pharmaceuticals. Inheriting Kenko.com's long-tail philosophy, the new company will enrich the site's product lines via the direct import of high-quality Japanese products, and it also plans to engage in wholesales business centered on Japanese products to the Chinese market. IBALE e-commerce site profile http://www.ibale.com Joint venture company profile LBX Pharmacy Chain Co., Ltd. profile Kenko.com, Inc. profile (http://www.kenko.com) Kenko.com, Inc. has been operating the Kenko.com e-commerce site selling … Continue reading
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Character vs progress: Litchfield struggles to find its balance in the face of change
Posted: Published on September 2nd, 2012
By MICHELLE MERLIN Register Citizen Staff mmerlin@registercitizen.com LITCHFIELD Seventeen years ago, CVS moved into Litchfield, stirring controversy among some who worried that the pharmacy, a national chain, would contribute to eroding the New England rural and historic character of the town. CVS, of its own volition, decided the building should conform more to the towns look than its corporate look. The store exchanged its usual vinyl walls for wood clapboards and created a sign that looks carved out of wood. Earlier this summer, Village Green developer Mark Greenberg, in conjunction with Stop & Shop, proposed building one of the chains supermarkets in his plaza. The proposal was withdrawn, but is likely to reappear later this year. Although a smaller Stop & Shop already exists just down the road from the plaza at 331 West Street, the application proposed a 39,000 square feet new Stop & Shop, compared to the present 24,000 square foot store currently existing. Two buildings in the Village Green Plaza would be razed for the project and a new building would be put next to the wetlands in the back of the property. The proposal caused concern among some residents, who worried a larger Stop & Shop … Continue reading
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Supervalu Administers Flu Shots – Analyst Blog
Posted: Published on August 31st, 2012
Leading grocery chain Supervalu Inc. ( SVU ) has started offering flu vaccines to its customers at its pharmacy locations. They also have trained pharmacists at the stores who are also responsible for administering the vaccines. Traditional flu vaccines, needle-free FluMist nasal spray, Fluzone Intradermal and the Fluzone HD for patients aged 65 and above will be available at stores of Supervalu Pharmacies. The shots will be administered at regular pharmacy hours on a walk-in or an appointment basis. Supervalu Pharmacies has 800 locations spread across 25 states and operates under 10 retail brands, namely, Acme Sav-on Pharmacy, Albertsons Sav-on Pharmacy, Albertsons Osco Pharmacy, Cub Pharmacy, Farm Fresh Pharmacy, Jewel-Osco Pharmacy, Shaw's Osco Pharmacy, Shop 'n Save Pharmacy, Shop 'n Save Osco Pharmacy and Shoppers Pharmacy. Supervalu Pharmacies has been offering adult immunizations since 2000. Apart from administering flu vaccines, Supervalu pharmacy locations also provide immunizations for influenza, pneumococcal disease, tetanus/diphtheria/pertussis, hepatitis A, hepatitis B, cervical cancer, shingles and meningococcal meningitis. The retail chain also provides travel vaccine clinics where customers are immunized if they are traveling to other nations. The vaccination program is expected to boost the second quarter fiscal 2013 sales. The vaccination program is expected to gain … Continue reading
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Tops Holding Corporation Reports Net Income of $9.5 Million in Second Quarter 2012
Posted: Published on August 27th, 2012
WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)-- Tops Holding Corporation (Tops or the Company), the parent of Tops Markets, LLC, a leading supermarket retailer with 125 corporate and 5 franchise locations serving Upstate New York and Northern Pennsylvania, today reported financial results for the second quarter of fiscal 2012 (12-week period ended July 14, 2012). This was a strong quarter for Tops, with improved margins, sharply higher profitability and strong cash generation," said Frank Curci, Tops President and CEO. "We are encouraged by our current trends and expect to build on this momentum throughout the remainder of the year as we continue promotional and marketing initiatives tailored to meet the shopping needs of our customers. On July 19, 2012, the Company announced an agreement with GU Markets LLC, an affiliate of C&S Wholesale Grocers, Inc., to acquire 21 supermarkets in Upstate New York and Vermont. The transaction is expected to close during the fall of 2012, and is subject to customary closing conditions. The acquisition is expected to be fundedusingcash on hand. Mr. Curci noted, We believe this transaction is a natural strategic complement to our current footprint, and given our successful integration of the former Penn Traffic supermarkets, we are confident in our … Continue reading
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Pharmaceutical Supply Chain in the US – Advances in RFID and ePedigree Systems to Limit Drug Counterfeits
Posted: Published on August 27th, 2012
NEW YORK, Aug. 27, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: http://www.reportlinker.com/p0922679/Pharmaceutical-Supply-Chain-in-the-US---Advances-in-RFID-and-ePedigree-Systems-to-Limit-Drug-Counterfeits.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Pharmaceutical Pharmaceutical Supply Chain in the US - Advances in RFID and ePedigree Systems to Limit Drug Counterfeits The top three wholesalers in the US, AmerisourceBergen Corporation, Cardinal Health and McKesson Corporation, accounted for 86.7% of the overall US pharmaceutical market in 2011 and combined revenue of $295.2 billion. Various supply chain models are followed across the pharmaceutical industry, such as traditional wholesaler models, limited distribution models and direct distribution models. Pharmaceutical companies are now focusing on supply chains as a value-adding process rather than viewing them as a money drain, which was the scenario in the past. Managing a supply chain is a complicated task, as there are a number of issues that can affect performance and disrupt product and information flow. Counterfeits have emerged as the greatest threat to the smooth functioning of the supply chain in the US. The recent case of fake Avastin entering the legitimate supply chain has raised concerns over administrative abilities, and the Food and Drug Administration (FDA) has taken numerous steps to track and trace counterfeits. The state of California has implemented … Continue reading
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“K-Dur” fight reaches Court
Posted: Published on August 25th, 2012
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