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Watson, Richter enter licensing agreement for Esmya
MORRISTOWN, N.J. — A subsidiary of Watson Pharmaceuticals has entered a licensing agreement with a subsidiary of Hungarian drug maker Richter to develop and market a drug for uterine fibroids, the two companies said Thursday.
Watson Labs and PregLem said European studies had shown Esmya (ulipristal acetate) to be a safe and effective treatment for the disease, a benign tumor condition that affects between one-fifth and one-fourth of women of reproductive age worldwide. Watson expected to start phase-3 studies of the drug in the United States in 2011.
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Hy-Vee announces participation in Pharmacy Saver
WEST DES MOINES, Iowa — Midwestern supermarket chain Hy-Vee will offer 366 commonly prescribed generic prescription drugs for as little as $2 to select Medicare beneficiaries through a program offered in collaboration with UnitedHealthcare, Hy-Vee said.