PHARMACY

DLife offers travel tips to diabetics

BY Allison Cerra

WESTPORT, Conn. — A diabetes community network is offering tips to diabetics that are traveling this holiday season.

 

DLife emphasized that since diabetes doesn’t take a holiday, managing the condition shouldn’t either. On its website, DLife.com, the company is offering such tips to diabetics as:

  • Double the amount of diabetes medicine and supplies you might need and put it in your carry-on luggage;
  • Be prepared for a low — pack healthy snacks, extra glucose gel or tablets;
  • Check to see if a healthy meal is going to be available. If not, bring your own;
  • Always bring your medical insurance card and know an emergency number to call, just in case; and
  • Wear medical identification.

 

 

Additional self-management tips can be found at DLife.com/travel. 

 

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Cardinal Health to acquire pharmaceutical distributor Kinray

BY Allison Cerra

DUBLIN, Ohio Cardinal Health is looking to expand the pharmaceutical segment of its business by acquiring a pharmaceutical distributor serving the New York metropolitan area.

The company said its acquisition of Kinray for $1.3 billion in an all-cash transaction would significantly expand its ability to serve retail independent pharmacies in the northeastern United States. Kinray currently serves more than 2,000 retail independent pharmacy customers as a distributor of both branded and generic pharmaceuticals.

After the transaction is complete, Kinray customers will be able to tap into a leading line of service offerings from Cardinal Health, Cardinal Health said.

"Adding Kinray to the Cardinal Health pharmaceutical segment portfolio will enable us to build on our increasing presence in community pharmacy and accelerate our growth in this important channel," said George Barrett, Cardinal Health chairman and CEO. "We are excited to have the Kinray employees join the Cardinal Health family, and we look forward to their contributions. Kinray has a long-standing service tradition with its customers. We intend to continue that tradition, utilizing its customer expertise and Whitestone distribution facility, while creating additional value for its customers through branded pharmaceutical programs, inventory and pharmacy management tools, and Cardinal Health’s extensive generic drug program."

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Genzyme sells diagnostics biz

BY Alaric DeArment

CAMBRIDGE, Mass. — Biotech company Genzyme is selling its diagnostics business to Sekisui Chemical for $265 million, Genzyme said Thursday.

 

Under the deal, Sekisui will purchase the diagnostics business’ assets, including product lines and technologies, and offer employment to its 575 employees while maintaining operations in all of its current locations.

 

 

“With this transaction, we are continuing to execute on our plan to increase value for shareholders,” Genzyme chairman and CEO Henri Termeer said. “This sale is part of our strategy to sharpen the company’s focus and allocate our resources to key areas for our future growth, such as manufacturing, our rare disease business and our product pipeline.”

 

 

The diagnostics business is one of three that Genzyme has sought to sell off, the other two being Genzyme Genetics, which it sold to Laboratory Corp. of America in September, and the pharmaceuticals business, which it has yet to sell.

 

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