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FOSRx acquires F.A.S.T. to strengthens its specialty pharmacy offerings

American Pharmacy News Reports | Jan 11, 2017
F.A.S.T. will retain its brand but function under FOSRx.

Factor One Source Pharmacy, a specialty pharmacy that serves individuals with complex or hard-to-manage medications, will acquire Fast Access Specialty Therapeutics, a quickly growing pharmacy that has made a name for itself through industry-leading customer satisfaction, patient engagement and strong financial performance. Read More »

Bayer, Versant launch stem-cell therapy venture BlueRock Therapeutics

American Pharmacy News Reports | Jan 11, 2017
With the funds, BlueRock Therapeutics should have a runway length of four years.

Bayer AG and Versant Ventures recently announced a partnership to launch BlueRock Therapeutics. The joint venture will utilize breakthrough treatments in stem cell technology to cure a range of diseases. Read More »

Bayer taps LaCaze to head new oncology unit

American Pharmacy News Reports | Jan 10, 2017
Robert LaCaze will help manage and deliver upon Bayer’s growing oncology portfolio.

Bayer recently announced the selection of Robert LaCaze as executive vice president in charge of the company’s new Oncology Strategic Business Unit at the Pharmaceuticals Division. Read More »

AcelRX submits FDA application for pain-reducing drug

American Pharmacy News Reports | Jan 10, 2017
Patients who took part in the study began to see improvement in their pain levels within 15 to 30 minutes.

AcelRX Pharmaceuticals recently submitted a new drug application to the U.S. Food and Drug Administration for ARX-04. Read More »

CVS launches Transform Diabetes Care

American Pharmacy News Reports | Jan 10, 2017
The Transform Diabetes Care program focuses on three key components to help improve outcomes and reduce overall health care spend in diabetes.

CVS Health recently launched Transform Diabetes Care, a program dedicated to helping clients improve member health outcomes. Read More »

GUEST COMMENTARY: PBMs: Protecting Consumers and Employers From High Drug Prices

LocalLabs News Service | Jan 10, 2017

Marrk Merritt, president and CEO of the Pharmaceutical Care Management Association, writes, "The truth is PBMs reduce costs for payers and consumers by 30 percent or more and are part of the solution. It’s time for drug manufacturers to take responsibility for their own business mistakes instead of blaming others." Read More »

Endo International releases HCI generic injection drug in U.S.

American Pharmacy News Reports | Jan 8, 2017
HCI is the generic form of CellCept.

Endo International, PLC, a subsidiary of Par Pharmaceutical, recently released mycophenolate mofetil hydrochloride (HCI) in the U.S. following Food and Drug Administration approval of its Abbreviated New Drug Application. Read More »

CDC awards $184 million to fight Zika virus

American Pharmacy News Reports | Jan 8, 2017
CDC will use the remaining portion of the $350 million to continue its ongoing response to the Zika outbreak.

The Centers for Disease Control and Prevention has awarded $184 million in funding to various groups in an effort to protect Americans from Zika virus infection. Read More »

Medinol shares positive results in evaluation of EluNIR stent system

American Pharmacy News Reports | Jan 7, 2017
In the U.S. alone, over 700,000 patients undergo a coronary stenting procedure each year.

Medinol, a global Interventional Cardiology device company, recently announced positive twelve-month clinical results from its BIONICS study. The study was conducted to analyze and evaluate EluNIR, the company’s coronary stent system and the first ever elastomer-coated drug eluting stent (eDES). Read More »

AHSP applauds 21st Century Cures Act

American Pharmacy News Reports | Jan 7, 2017
The 21st Century Cures Act was enacted to change the way the United States treats disease.

The American Journal of Health-System Pharmacy has applauded the 21st Century Cures Act was signed into law by President Barack Obama on Dec. 13. Read More »

Teva Pharmaceuticals agrees to pay $519 million settlement

Mark Iandolo | Jan 7, 2017
The settlement includes a penalty of $519 million.

Teva Pharmaceuticals Industries Ltd. (Teva) recently announced a settlement with the United States government related to allegations of violating the Foreign Corrupt Practices Act (FCPA) in Ukraine, Mexico and Russia. Read More »

Direct Relief airlifts 82 tons of medical aid to Haiti

Mark Iandolo | Jan 7, 2017
Cholera and other diseases have become rampant across Haiti since Hurricane Matthew in October.

Direct Relief recently announced that it airlifted 82 tons of medical aid to Haiti for the treatment of cholera and other diseases that have become rampant since Hurricane Matthew in October. Read More »

Aurinia partners with Lonza for the manufacture of voclosporin

American Pharmacy News Reports | Jan 7, 2017
Lonza will provide Aurinia with cGMP-grade voclosporin drug substance for use in Aurinia’s Phase III lupus nephritis clinical program.

Aurinia Pharmaceuticals Inc., a clinical stage biopharmaceutical company focused on the global immunology market, recently partnered with Lonza for the manufacture of voclosporin active pharmaceutical ingredient (API). Read More »

Genentech study analyzing emicizumab for hemophilia A meets primary endpoint

American Pharmacy News Reports | Jan 7, 2017
Emicizumab prophylaxis significantly reduced the number of bleeds over time in people in this difficult-to-treat setting.

Genentech, a member of the Roche Group, recently announced that the primary endpoint for the Phase III HAVEN 1 study has been met. The study evaluates emicizumab prophylaxis in people 12 years of age or older with hemophilia A and inhibitors to factor VIII. Read More »

Express Scripts slated to present at health care summit

Carol Ostrow | Jan 5, 2017

The Express Scripts Holding Company recently revealed plans to present at the J.P. Morgan Healthcare Conference next week in San Francisco. Read More »

Bayer, Leica Biosystems to develop companion tests for cancer patients

Mark Iandolo | Jan 4, 2017
The tests will be based on the Bayer-developed automated BOND technology platform for novel targeted anti-cancer therapies.

Bayer recently announced an agreement with Leica Biosystems to collaborate on developing companion diagnostic tests based on tissue samples for cancer patients. Read More »

Pernix appoints Leung to board of directors

American Pharmacy News Reports | Jan 4, 2017
Pernix Therapeutics Holdings specializes in pain and central nervous system conditions.

Pernix Therapeutics Holdings Inc., a pharmaceutical company specializing in pain and central nervous system conditions, recently appointed Gabriel Leung to its board of directors. Read More »

Zynex expects to post $15 million in revenue for 2016

American Pharmacy News Reports | Jan 4, 2017
Zynex manufactures non-invasive medical devices.

Medical technology company Zynex updated its November orders, fourth-quarter estimate and a loan forbearance agreement. Read More »

Veloxis establishes warrant program for employees, board members

American Pharmacy News Reports | Jan 4, 2017
The total number of warrants awarded will be just over 2.8 million, which will give the right to subscription at $0.10 each.

Veloxis Pharmaceuticals will establish a warrant program for its board members and its employees with the Veloxis Board of Directors exercising, in part, an authorization pursuant to the Articles of Association. Read More »

Avella moves corporate headquarters to Phoenix

American Pharmacy News Reports | Jan 4, 2017
The move into the Phoenix facility will allow Avella to house its clinical, operational and administrative processes in one location.

Avella has moved its operations to a new 50,000-square-foot corporate headquarters in Phoenix. Read More »

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