PHARMACY

ASCP launches education program for medication management in elderly

BY Alaric DeArment

ALEXANDRIA, Va. The American Society of Consultant Pharmacists announced Tuesday that it had launched a program to raise awareness about medication-related problems among the elderly.

ASCP said the program, Campaign 2011, is designed to educate elderly people, healthcare professionals and the general public about dangers that can arise when patients use medications improperly or overuse them.

The organization said it would also promote cost-effective approaches to medication therapy management and work to increase the number of pharmacists trained to meet the needs of the elderly.

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FDA grants conditional approval to generic version of Wyeth’s Effexor

BY Alaric DeArment

PITTSBURGH The Food and Drug Administration has given tentative approval to a generic version of Wyeth Pharmaceutical’s Effexor XR, an antidepressant.

Mylan announced the FDA decision Monday for its version of the drug, known generically as venlafaxine hydrochloride. Mylan plans to sell the extended-release capsules in 37.5 mg, 75 mg and 150 mg formulations.

The branded version of the drug had sales of $3 billion during the 12 months ending Sept. 30, according to IMS Health.

 

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Interpol seizes more than $6 million in counterfeit prescription drugs in Asia

BY Alaric DeArment

NEW YORK More than $6 million in counterfeit drugs were seized in an international Interpol sting as part of an investigation lasting five months.

The bust, called Operation Storm, netted $6.65 million in counterfeits of drugs for malaria, HIV and tuberculosis in Singapore, Myanmar, Vietnam, Thailand, Laos, Cambodia and China.

The international law-enforcement agency arrested 27 people in the sting.

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