PHARMACY

Caraco settles with Forest Labs

BY Alaric DeArment

DETROIT Generic drug maker Caraco Pharmaceutical Labs has announced a settlement agreement with Forest Labs in litigation over an antidepressant.

Caraco said it would purchase several products from Forest’s Inwood business as part of the settlement, concerning the drug Lexapro (escitalopram oxalate). The asset purchase agreement settles litigation over an approval application that Caraco filed with the Food and Drug Administration to market a generic version of Lexapro.

Under the agreement, Forest has already reimbursed Caraco for a portion of its legal fees and will also license some of its patents for Lexapro to the company.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

Which area of the industry do you think Amazon’s entry would shake up the most?
PHARMACY

RediClinic set to offer H1N1 vaccine, FluMist

BY Antoinette Alexander

HOUSTON RediClinic is reinforcing its role as a local resource for prevention and treatment of seasonal illnesses by providing FluMist nasal flu vaccine and gearing up to offer the H1N1 vaccine when it becomes available.

As previously reported by Drug Store News, the retail-based clinic operator is offering FluMist in its Houston and Austin locations.

In addition, the clinics expect to offer the H1N1 vaccine when it is projected to become available in mid-October. For those patients experiencing flu-like symptoms, RediClinic offers diagnostic tests and treatment options to help them get healthy as quickly as possible.

“All of our clinicians are prepared to share information and advice with patients interested in learning how to prevent these illnesses, and our clinics are open seven days a week and after school and work on weekdays to ensure that patients have access to care when they need it most,” stated Nancy Ross, RediClinic nurse practitioner.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

Which area of the industry do you think Amazon’s entry would shake up the most?
PHARMACY

NACDS, NCPA file lawsuit against Minnesota over Medicaid cuts

BY Allison Cerra

ALEXANDRIA, Va. Just a few days after announcing lawsuits against three states, the National Association of Chain Drug Stores and the National Community Pharmacists Association have declared that the state of Minnesota unlawfully cut patient access to Medicaid.

Additional state-based associations, including the Minnesota Pharmacists Association, the Minnesota Retailers Association and other businesses, filed as co-plaintiffs in the lawsuit. The co-plaintiffs claim the state violating the Social Security Act, which required states to adjust reimbursement rates as a result of reductions to the average wholesale price of drugs.

“MPhA is deeply disappointed in the decision of the Department of Human Services to not exercise its authority and responsibility to assist pharmacies in what will be a devastating blow to their ability to provide services to their patients,” said Julie K. Johnson, Pharm.D., EVP and CEO, Minnesota Pharmacists Association.

As previously reported by Drug Store News Wednesday, California, New York and Washington were also accused of denying patient access and quality care to Medicaid patients.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

POLLS

Which area of the industry do you think Amazon’s entry would shake up the most?