Dean Foods explores sale of Morningstar business
DALLAS — In an effort to maximize shareholder value, Dean Foods announced its decision to explore a transaction that may result in the sale of the company’s Morningstar business.
The company said it only intends to sell Morningstar Foods — a leading warehouse delivery dairy business that produces and sells traditional and specialty items, including cultured dairy products, ice cream mixes, coffee creamers, aerosol whipped toppings, traditional and value-added milks, and blended iced beverages to retailers and foodservice providers nationwide — if it can do so in a transaction that "maximizes shareholder value and helps ensure the future success of the business."
Dean Foods also noted, however, that it has not yet identified a buyer for Morningstar.
Dr. Reddy’s launches generic asthma, allergy, bronchospasm drug
HYDERABAD, India — Dr. Reddy’s Labs has launched a generic drug for treating asthma and allergies, and preventing bronchospasm during exercise, the company said.
The Indian company announced the launch of montelukast sodium oral granules in the 4-mg strength in unit-dose cartons of 30 packets.
The drug is a version of Merck’s Singulair oral granules, which had sales of about $61 million during the 12-month period ended in July, according to IMS Health.
Safeway to offer 10% grocery discount to flu shot patients
PLEASANTON, Calif. — Safeway on Thursday announced the availability of flu shots on a walk-in basis at all Safeway pharmacy locations.
"Safeway pharmacists are committed to caring for their patients’ health in myriad ways, ranging from immunizations and medication management to counseling patients on health and wellness," stated Darren Singer, SVP pharmacy, health and wellness at Safeway. "Safeway strives to be a one-stop shop for our customers, particularly those who are mindful of their health and who want to take the necessary steps in their lives to stay healthy, such as getting immunized every flu season."
Each individual receiving a flu shot at a Safeway pharmacy will receive a 10% off coupon that can be used toward their next grocery purchase.
This year, the flu vaccine contains a different strain of the flu virus from the previous two years. The 2012 flu shot will protect against the H1N1 (California), H3N2 (Victoria) and Influenza B (Wisconsin) viruses.