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Court rules in favor of Mylan’s generic Precedex

BY Ryan Chavis

PITTSBURGH — Mylan is now free to resume distribution of its generic Precedex product (dexmedetomidine hydrochloride injection) to customers, effective immediately. 
 
The U.S. District Court for the District of Maryland granted summary judgment in favor of the company, Par Sterile Products, and the Food and Drug Administration. The court also lifted a temporary restraining order related to the generic. The drug received FDA approval in August. 
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L’Oréal to acquire Niely Cosmeticos in Brazil

BY Antoinette Alexander

PARIS — L'Oréal has signed an agreement to acquire Brazil’s Niely Cosmeticos, an independent hair coloration and hair care company.

Financial terms of the deal, which is subject to the usual regulatory approvals, were not disclosed.

Founded in 1981 by Daniel Fonseca de Jesus, Niely Cosmeticos generated net revenue of 405 million Brazilian Reals (140 million euros) in 2013.

Niely Cosmeticos group has two main brands: Cor & Ton for hair coloration and Niely Gold for shampoos and care. Niely Cosmeticos products are widely distributed throughout retailers and wholesalers, supermarkets, pharmacies and perfumery chains. Furthermore, Niely Cosmeticos has industrial and logistical facilities in Nova Iguaçu, in the State of Rio.

"The acquisition of Niely Cosmeticos is a strategic move for L'Oréal in Latin America and Brazil, one of the biggest and fastest-growing hair color and hair care markets in the world where consumers have a long tradition of beauty and demanding expectations" said Frédéric Rozé, EVP of L'Oréal in charge of the Americas.

Didier Tisserand, president of L'Oréal Brazil, added, "We are thrilled to welcome Niely to the L'Oréal group. Niely benefits from an excellent position and high penetration of the growing Brazilian middle class, and as such will positively complement the products offered by our Consumer Products Division in Brazil."

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Family caregivers provide majority of assistance to the 18 million seniors who need help with daily living

BY Michael Johnsen

ANN ARBOR, Mich. — About 70% of seniors getting help with daily activities received that assistance from family, friends and other unpaid caregivers, while the remaining 30% received paid care, according to a new study from the University of Michigan and the Urban Institute.
 
Nearly all older adults had at least one potential informal care network member — family or household member, or close friend — and the average network size was four people.
 
Among those receiving help, one in four lived in either a supportive care setting (15%) or a nursing home (10%). Nearly half of older adults – 18 million people — have difficulty or get help with daily activities.
 
"Although 51% reported having no difficulty in the previous month, 29% reported receiving help with taking care of themselves or their households or getting around," stated U-M researcher Vicki Freedman, co-author of the report with the Urban Institute's Brenda Spillman. "And another 20% said they had difficulty carrying out these activities on their own."
 
Unmet needs, especially among those receiving paid assistance, were sizable, according to the authors. "Among the 18 million who had difficulty or received help, 30% had an adverse consequence in the last month related to unmet need," said Spillman. "Among community residents with a paid caregiver, the figure was nearly 60%."
 
Researchers from the University of Michigan and the Urban Institute analyzed data from a national sample of older adults drawn from Medicare enrollment files. In all, 8,245 people were included in the 2011 the National Health and Aging Trends Study. The analysis was published in the current (September 2014) issue of the Milbank Memorial Quarterly.
 
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