Category Archives: Wholesale Pharmacy

By SELCAN HACAOGLU Associated Press ANKARA, Turkey (AP) - The 1993 death of Turkey's then-President Turgut Ozal is suspicious and should be investigated, a report by the presidential palace said Wednesday. The report said there has been no satisfactory investigation into allegations by some family members and lawmakers that Ozal, whose pro-Western policies helped modernize Turkey and gave the U.S.-led coalition a strategic ally during the Persian Gulf War, might have been poisoned. The report by the State Auditing Board, which is under the direct supervision of President Abdullah Gul, cautioned that most of the allegations were "intangible," but suggested an autopsy and a hair sample test could confirm for certain the cause of death. It said the results of the president's blood tests, as well as his blood samples, were missing. Doctors at the time said Ozal, who underwent triple bypass surgery in 1987, died of heart failure on April 17, 1993. But, the president's wife, Semra Ozal, has claimed she received a note in 1998 that said her husband was poisoned and has told several television stations that Ozal died a day after drinking lemonade at a reception in Ankara. The report said Ozal apparently consumed fresh orange … Continue reading →

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Published Wednesday June 13, 2012 ";var zflag_nid="1431";var zflag_cid="150/149";var zflag_sid="1";var zflag_width="1";var zflag_height="1";var zflag_sz="31"; WASHINGTON (AP) - A steep fall in gas costs likely pushed down a measure of U.S. wholesale prices in May for the second straight month and by the most in nearly three years. Economists forecast that the producer price index likely dropped 0.6 percent last month, according to FactSet. That would be the steepest drop since July 2009, when food and gas prices were both plummeting. Still, excluding volatile food and gas prices, so-called "core" producer prices are expected to have risen just 0.2 percent. More expensive cars and trucks could push up the core, economists at JPMorgan forecast. The Labor Department will release the report at 8:30 a.m. Eastern time Friday. The index measures price changes before they reach the consumer. Modest wholesale inflation reduces pressure on manufacturers and retailers to raise prices. That helps keep consumer prices stable, which boosts buying power and drives economic growth. Consumer spending makes up 70 percent of economic activity. Mild inflation also gives the Federal Reserve room to hold interest rates at record-low levels and potentially take other steps to boost the economy. Gas prices have tumbled 40 cents since … Continue reading →

By CHRISTOPHER S. RUGABER AP Economics Writer WASHINGTON (AP) - A steep drop in gasoline costs drove down a measure of U.S. wholesale prices in May by the most since July 2009. But outside the food and energy categories, prices increased moderately. The producer price index fell 1 percent in May, after dropping 0.2 percent in April, the Labor Department reported Wednesday. Gasoline prices dropped nearly 9 percent, the most in almost three years. Food costs also fell. The index measures price changes before they reach the consumer. Excluding food and energy, the so-called "core" index increased 0.2 percent, the same as in April. In the past 12 months, wholesale prices are up only 0.7 percent, the smallest gain since October 2009. The core index has risen 2.7 percent in the same period. That's the same pace as last month and down from a 12-month change of 3.1 percent in January. "Inflation really isn't that big an issue," said Joel Naroff, president of Naroff Economic Advisors. "Europe is a mess, oil prices are down, further declines in gasoline prices are coming and the U.S. economy is not growing strongly enough for any firm to have much pricing power." Modest wholesale … Continue reading →

Nitin Sahney Appointed COO Board Initiates Search for Permanent CEO 2012 Guidance Unaffected CINCINNATI, June 11, 2012 - Omnicare, Inc. (OCR) announced today that its Board of Directors has appointed President and CFO John L. Workman as interim CEO, effective immediately. Mr. Workman`s appointment follows the Board`s acceptance of John Figueroa`s resignation as CEO and a director of the Company. Mr. Workman will also maintain his current responsibilities as President and CFO. The Company also has appointed Nitin Sahney, Executive Vice President and President, Specialty Care Division, to the additional position of Chief Operating Officer. Mr. Sahney`s appointment is effective immediately. Mr. Sahney`s new position will include responsibility for the Long Term Care Division. In remarking on his decision to resign, Mr. Figueroa indicated that he believed he accomplished the goals established by the Board when he was hired, namely to transition Omnicare to be a more operations-driven company focused on customer service. "On behalf of the Board, I would like to thank John Figueroa for his service to Omnicare," said James D. Shelton, Omnicare`s Chairman of the Board. "John joined us during a key period of change and revitalization, and he accomplished the goals we established. We wish him … Continue reading →

Sacramento County District Attorney Jan Scully announced Monday that Costco Wholesale Corp. will pay $3.6 million in civil penalties and costs to settle a civil law enforcement action brought against the company by 30 California counties. The civil action was filed in Alameda Superior Court. The settlement resolves allegations that Costco violated California laws for the safe storage, handling and disposal of pharmaceutical and pharmacy waste, as well as other hazardous waste, according to a news release from Scully's office. The Alameda County District Attorney's Office and its counterparts in other counties conducted a joint investigation and prosecution to address statewide violations of law after San Joaquin County inspectors found evidence of improper storage, handling and disposal of hazardous waste and pharmaceutical waste products at Costco stores. Upon notification of the investigation, Costco officials cooperated with prosecutors and quickly brought their operations into compliance with hazardous waste management regulations, according to the news release. The violations occurred over a five-year period at numerous Costco stores and distribution centers statewide, including five stores in Sacramento County, Scully's office reported. "Improper handling and disposal of hazardous waste creates a health and safety risk to the citizens of Sacramento County and our environment," … Continue reading →

Sacramento County District Attorney Jan Scully joins Alameda County District Attorney Nancy E. O'Malley, and 28 other California district attorneys in announcing the settlement of a civil law enforcement action against Costco Wholesale Corporation. The civil action was filed in Alameda County Superior Court, and the settlement resolves allegations that Costco violated California laws for the safe storage, handling and disposal of pharmaceutical, and pharmacy waste as well as other hazardous waste. The Alameda County District Attorney's Office teamed up with the other DA offices as part of a joint investigation and prosecution to address statewide violations of law after San Joaquin County inspectors found evidence of improper storage, handling and disposal of hazardous waste, and pharmaceutical waste products at Costco stores. Upon notification of the investigation, Costco officials cooperated with prosecutors and quickly came into compliance with hazardous waste management regulations. The violations occurred over a five-year period at numerous Costco stores and distribution stores statewide, including 5 stores in Sacramento County. District Attorney Jan Scully states, "Improper handling and disposal of hazardous waste creates a health and safety risk to the citizens of Sacramento County and our environment. The District Attorney's Consumer Environment Protection Unit remains aggressive in … Continue reading →

OAKLAND, Calif. Costco has agreed to pay $3.6 million in civil penalties and costs to settle a state-wide lawsuit over alleged violations of environmental laws involving the safe storage, handling and disposal of pharmaceutical and pharmacy waste, Alameda County prosecutors announced Monday. Alameda County District Attorney Nancy OMalley announced that her office together with 28 other California District Attorneys had reached the settlement with Costco Wholesale Corporation. The civil action was filed in Alameda County Superior Court and the settlement resolves allegations that Costco violated California laws for the safe storage, handling and disposal of pharmaceutical and pharmacy waste as well as other hazardous waste. The Alameda County District Attorneys Office teamed up with the other DA offices as part of a joint investigation and prosecution to address statewide violations of law after San Joaquin County inspectors found evidence of improper storage, handling and disposal of hazardous waste and pharmaceutical waste products at Costco stores. Upon notification of the investigation, Costco officials cooperated with prosecutors and quickly came into compliance with hazardous waste management regulations. The violations occurred over a five-year period at numerous Costco stores and distribution stores statewide, including five stores in Alameda County. My Offices Environmental Protection … Continue reading →

NEW YORK, May 30, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: The Pharmaceutical Market: Russia http://www.reportlinker.com/p0203082/The-Pharmaceutical-Market-Russia.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Pharmaceutical Espicom's highly regarded world pharmaceutical market reports have been redesigned to provide enhanced strategic intelligence in a user-friendly format. Each report provides in-depth information, setting the pharmaceutical market in context. The reports provide: Five-year projections for economic, demographic, health expenditure, health workforce and pharmaceutical market indicators. Specialised intelligence on OTCs, generics, biologics and biosimilars. Exclusive economic and demographic data from the Economist Intelligence Unit (EIU) for each market in the series. A separate statistical health file, comprising health expenditure, health infrastructure, health services and health personnel. The reports are updated quarterly, providing you with the latest information for a full year. In addition, the service will keep you up to date with market and industry news on a regular basis. TABLE OF CONTENTS Read the original: The Pharmaceutical Market: Russia … Continue reading →