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Dr. Reddy’s launches generic version of Caduet

BY Ryan Chavis

HYDERABAD, India — Dr. Reddy’s Labs announced that it has launched amlodipine besylate and atorvastatin calcium tablets, a generic version of Caduet.

The Caduet tablets brand and generic had sales in the United States of approximately $163 million MAT for the most recent 12 months ended January 2014, according to IMS Health.

Dr. Reddy’s Amlodipine Besylate and Atorvastatin Calcium tablets come in the following doses: 2.5/10 mg, 2.5/20 mg, 2.5/40 mg, 5/10 mg, 5/20 mg, 5/40 mg, 5/80 mg, 10/10 mg, 10/20 mg, 10/40 mg and 10/80 mg. The tablets will be available in bottle counts of 30 and 90.

 

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Safeway, Albertsons merger proceeds to next step as ‘go-shop’ period expires

BY Michael Johnsen

PLEASANTON, Calif. — Safeway on Friday announced the expiration of the 21-day "go-shop" period pursuant to the terms of the previously announced definitive merger agreement under which AB Acquisition has agreed to acquire all outstanding shares of Safeway.

Under the definitive merger agreement, Safeway and its representatives were permitted to solicit and engage in negotiations with respect to alternative acquisition proposals during the 21-day period. None of the parties contacted by Safeway during the "go-shop" period notified Safeway by the deadline that they would be interested in pursuing an alternative transaction under the merger agreement.

The parties to the merger agreement currently expect to complete the merger in the fourth quarter of 2014 following the satisfaction of customary closing conditions.

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Dr. Fischer announces opening of new dedicated store on Amazon

BY Antoinette Alexander

NEW YORK — Looking to expand availability of his skin and eye care products, Dr. Fischer has announced the opening of a dedicated store on Amazon.

Fischer manufactures and distributes to more than 30 countries worldwide a broad range of eye care products, including Dr. Fischer Eye-Care for babies and adults, along with such skin care products as sunscreens and other applications.

Fischer began exports to the United States, selling its products under its own brand name around 18 months ago. Prior to that, his international activities focused on the production and export of products for private labels in the U.S., Australia and Europe. Fischer has now made it possible for consumers to purchase products under its own brand name in the United States at www.drfischer.com, via its own Amazon account.

 

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