New Products

UTTAR PRADESH, India — Jubilant Life Sciences, an integrated pharmaceuticals and life sciences company, last week announced that it received approval from the Food and Drug Administration for spironolactone tablets, 25 mg, 50 mg and 100 mg, which is the generic version of Aldactone. The drug is used to treat fluid retention caused by congestive heart failure and cirrhosis of the liver.

The market size for spironolactone tablets is $87 million per annum, according to IMS data. The company said it expects to launch the product in first quarter 2015.

MINNEAPOLIS — Effective May 5, Bob DeRodes will lead Target’s information technology transformation as EVP and chief information officer, as the retailer continues to recover from the data breach late last year.

Target also provided details on additional security enhancements it has made following that breach — which reportedly resulted in the theft of 40 million credit and debit card records and 70 million other records of customer details — and shared plans to incorporate MasterCard chip-and-PIN technology across its REDcard portfolio.

PARSIPPANY, N.J. — As part of a competition between Fruity Pebbles and Cocoa Pebbles to see which cereal is more popular with fans, Post Foods announced two professional American soccer players to grace its cereal boxes. Omar Gonzalez of the Los Angeles Galaxy will join WWE star John Cena on Team Fruity, while Olympic gold medalist and forward of the Portland Thorns, Alex Morgan, will join basketball star Kyrie Irving on Team Cocoa.

SOMERSET, N.J. — Tic Tac mints, a brand from the Ferrero Co., on Tuesday announced the debut of limited edition Summer Ice Pop Tic Tac mints. The combination of blue berry-flavored pills, red cherry-flavored pills and white lime-flavored pills aims to offer consumers a nostalgic reminder of summertime, the company said.

AIRPORT CITY, Israel — SodaStream, a manufacturer and distributor of home beverage carbonation systems, last week announced SodaStream Free, a range of fruit-flavored syrup concentrates that allows consumers to make beverages at home. These syrups contain a fraction of the calories and sugar content of regular soft drinks, the company said.

 

As lifetime earnings for pharmaceuticals decrease, commercialization expenses increase and payers tighten their belts on reimbursement, life science companies will be faced with shrinking margins over the next few years.

PRINCETON, N.J. — Sandoz on Monday announced the introduction of its adapalene 0.3% gel, a generic version of Differin gel, 0.3% from Galderma Labs. Adapalene gel is a retinoid and is used for the topical treatment of acne vulgaris in patients ages 12 years and older.

"Sandoz is proud to market a high-quality, affordable generic version of this important topical therapy,” said Peter Goldschmidt, president of Sandoz U.S. “This launch further broadens our strong offering of differentiated generic dermatology products in the United States.”