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Specialty Pharmacy

  • Walgreens fortifies its specialty pharmacy arm

    DEERFIELD, Ill. — Walgreens on Thursday inserted another piece into its comprehensive healthcare offering, just in time for the PBM selling season, with the acquisition of BioScrip's community specialty pharmacies.

    Walgreens and BioScrip announced that they have entered into a definitive agreement under which Walgreens will acquire certain assets of BioScrip's community specialty pharmacies and centralized specialty and mail-service pharmacy businesses for a total deal value of approximately $225 million.

  • Savient appoints interim CEO

    EAST BRUNSWICK, N.J. — A former Johnson & Johnson executive has been appointed to serve as interim CEO for Savient Pharmaceuticals.

    Savient's board of directors appointed David Norton to serve as interim CEO, succeeding current CEO John Johnson, who is leaving the company to become president, CEO and chairman-elect of biotechnology company Denderon. Savient's board said it will conduct a search process for a permanent CEO.

    Norton, who is a member of Savient's board, formerly served as J&J company group chairman of global pharmaceuticals.

  • FDA approves new indication for Novartis' Gleevec

    SILVER SPRING, Md. — The Food and Drug Administration has approved a drug made by Novartis that is designed to prevent tumors in the gastrointestinal tract from recurring after surgical removal, the agency said.

    The FDA approved Novartis' Gleevec (imatinib) for adults who have had gastrointestinal stromal tumors, or GIST, removed. The drug was specifically approved for people whose tumors are known as CD117-positive, which includes 95% of all GIST tumors.

    The drug was originally approved in 2001 for a type of leukemia.

  • FDA approves Vertex's Kalydeco for cystic fibrosis

    SILVER SPRING, Md. — The Food and Drug Administration has approved a drug made by Vertex Pharmaceuticals for treating a rare form of cystic fibrosis, the agency said Tuesday.

    The FDA announced the approval of Kalydeco (ivacaftor) for treating patients ages 6 years and older with CF who have a mutation called G551D in the cystic fibrosis transmembrane regulator gene.

  • FDA approves Genentech skin cancer drug

    SILVER SPRING, Md. — The Food and Drug Administration has approved a new drug for treating the most common type of skin cancer, the agency said Monday.

    The FDA announced the approval of Genentech's Erivedge (vismodegib) for adults with basal cell carcinoma who are not surgery or radiation therapy candidates and whose disease is locally advanced or has spread to other parts of the body.

  • Armada Health Care inks software integration deal with Definitive Homecare

    FLORHAM PARK, N.J. — Specialty pharmacy services company Armada Health Care and Definitive Homecare Solutions have signed a deal whereby Definitive Homecare's CPR+ specialty pharmacy software will integrate with Armada's service offerings, the two companies said.

    The combination will give CPR+ customers access to Armada's value-added services and the ability to integrate those services within their pharmacy workflow system. Armada members that don't use CPR+ will have access to discount pricing for the software.

  • BioPlus Specialty Pharmacy earns ACHC accreditation

    ALTAMONTE SPRINGS, Fla. — A specialty pharmacy chain has earned accreditation from the Accreditation Commission for Health Care.

    BioPlus Specialty Pharmacy said ACHC accreditation indicates that the organizational management, internal processes, patient safety practices and service outcomes at BioPlus meet the highest standards.

  • FDA approves Pfizer's Inlyta for advanced kidney cancer

    SILVER SPRING, Md. — The Food and Drug Administration has approved a drug made by Pfizer for treating advanced kidney cancer, the agency said Friday.

    The FDA announced the approval of Inlyta (axitinib) for patients with advanced kidney cancer, also known as renal cell carcinoma, who have not responded to another drug for the disease. The drug, a twice-daily pill, works by blocking certain proteins called kinases that are involved with tumor growth and disease progression.

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