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HEALTH

  • ProPhase rejects second overture from Matrixx Initiatives

    DOYLESTOWN, Pa. — ProPhase Labs on Monday again rejected an acquisition proposal from Matrixx Initiatives. Matrixx's latest offer was to acquire ProPhase for $1.60 per share in cash, up from a prior $1.40 per share proposal. 

  • Walgreens re-ups alliance with American Diabetes Association through 2013

    ALEXANDRIA, Va. — The American Diabetes Association on Wednesday announced that Walgreens has reaffirmed its commitment as a National Strategic Partner and will continue to help the program Stop Diabetes by supporting the association's Type 2 diabetes prevention initiative for consumers called CheckUp America. 

  • FDA cracks down on violators of dietary supplement regulations

     SILVER SPRING, Md. — The Food and Drug Administration on Thursday announced a pair of penal actions against companies operating outside of dietary supplement regulations. 

    A federal judge granted the FDA a permanent injunction against Truman Berst, doing business as Alternative Health & Herbs Remedies of Albany, Ore., for selling products represented as herbs and supplements with claims for treating diseases.

  • Novartis outsources production to bring back top-selling OTC brands to market

     BASEL, Switzerland — Progress at re-opening its manufacturing facility in Lincoln, Neb., has been slow-going, Novartis reported Thursday, but the company has contracted third-party manufacturers to resume production of Excedrin, Lamisil and Triaminic. First shipments to retailers were made in October. 

  • New York pharmacist wins Health Mart diabetes award

    NEW YORK — The owner of an independent pharmacy in New York has won a national award for his diabetes education and counseling efforts.

    Ronald Del Gaudio, a graduate of Long Island University's College of Pharmacy, also known as LIU Pharmacy, and the owner of Kings Pharmacy in the Park Slope neighborhood of Brooklyn, has won the Health Mart Diabetes Care Excellence Award from the independent pharmacy franchise company, the university said. Kings Pharmacy, a member of Health Mart, includes two pharmacies in Brooklyn and one in Manhattan.

  • GelStat updates SEC filings, positions for future growth

    PALM CITY, Fla. — GelStat is primed to grow its OTC remedy business, according to a letter to shareholders and prospective investors released Tuesday. 

  • Study: Parents confident in administering correct acetaminophen dose with AccuDial dosing label

    PALM BEACH GARDENS, Fla. — As many as 97% of parents are confident they administered the correct dose of acetaminophen when using AccuDial Pharmaceutical's weight-based dosing label, according to research published earlier this year.

  • Study: Engaging consumers through social media boosts brand sales

    CINCINNATI — Social media engagement between a consumer and brand drives both immediate and long-term sales increases, according to a study released Thursday by LoyaltyOne. The research constitutes a social media marketing breakthrough because it establishes the accountability link long sought by brands that have showered dollars on social media outlets while attempting to prove the return on investment to C-suite skeptics, the company stated.

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