News

FDA approves Akynzeo from Eisai

BY Ryan Chavis

SILVER SPRING, Md. — The Food and Drug Administration on Friday approved Akynzeo (netupitant and palonosetron) for the treatment of nausea and vomiting in patients who are undergoing cancer chemotherapy. The drug is a fixed-combination capsule of two medications: Oral palonosetron and Netupitant. 
 
“Supportive care products, such as Akynzeo, help ease the nausea and vomiting patients may experience as a side effect of cancer chemotherapy,” said Julie Beitz, M.D., director of the Office of Drug Evaluation III in the FDA’s Center for Drug Evaluation and Research.
 
Akynzeo is distributed and marketed by Eisai. 
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?
News

Mars Chocolate rolls out new flavors, welcomes back fan favorites

BY Ryan Chavis

HACKETTSTOWN, N.J. — Mars Chocolate on Thursday announced a plethora of new products that will appear on retail store shelves in the coming months, with two of the items — M&M's Crispy Chocolate Candies and Snickers Xtreme Bar — making a return due to popular demand. 
 
“We’re introducing some tantalizing new flavors to our brand portfolios, as well as relaunching popular M&M’s brand Crispy Chocolate Candies and Snicker's Xtreme Bar,” said Rick LaBerge, VP of sales for Mars Chocolate North America. “Consumers are passionate about their chocolate, and they’re excited to try new flavor combinations from the brands they know and love.”
 
The new products, which were unveiled at the 2014 National Association of Convenience Stores in Las Vegas, include:
 
  • 3 Musketeers Mint Bites, bite-sized candies featuring mint-flavored nougat coated in dark chocolate;
  • Combos Baked Snacks Sweet & Salty Caramel Crème Pretzel, which delivers the taste of caramel crème candy with a salty pretzel crunch;
  • Combos Baked Snacks Sweet & Salty Vanilla Frosting Pretzel, which combines the flavors of salty pretzels and vanilla frosting;
  • Dove Whole Fruit Dipped in Dark Chocolate, a combination of real fruit dipped in Dove Dark Chocolate;
  • Twix Creamy Peanut Butter Cookie Bars, which feature a layer of savory peanut butter on a Twix Cookie Bar, all coated with milk chocolate. The new recipe includes a traditional crunchy Twix Cookie Bar instead of a chocolate cookie, the company noted; and
  • Seasonal Shapes in both singles and to-go formats. Shapes include Twix brand ghosts, Santas, hearts and eggs, as well as Snickers brand pumpkins, Nutcrackers, hearts and eggs. 
Sales of seasonal confectionery items continue to rise as consumers celebrate the holidays with their favorite brands, the company said. LaBerge also added that holidays are a prime time for retailers to add shippers and secondary display options around stores.
 
“Confectionery is the most responsive category to merchandising, so it’s critical to place secondary displays along the path to purchase in what we call ‘hot spot’ locations,” LaBerge said. “The ‘hot spots’ in a convenience store are by the register, cold vault, foodservice/deli and fountain drinks. When shoppers reach for a beverage or a sandwich, they’re likely to grab a chocolate bar.”
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?
News

Helen of Troy: Q2 driven by stronger orders, improved gross profit margin

BY Antoinette Alexander

EL PASO, Texas — Helen of Troy, a developer and marketer of consumer products — including such personal care brands as Vidal Sassoon, Sure, Pert and Brut — reported that second-quarter sales and earnings surpassed its revised guidance fueled by stronger orders late in the quarter and improved gross profit margin in August.

Net sales revenue grew to $319.9 million compared with $319.4 million in the year-ago period.

Net income was $18.8 million, or 65 cents per diluted share, compared with $23.3 million, or 72 cents per diluted share, in the year-ago period.

Gross profit margin was 41.8% compared with 38.6% for the same period last year. This increase reflects two months of operations of the Nutritional Supplements segment, which had a favorable impact of 2.6 percentage points on the consolidated gross profit margin. In addition, gross profit margin for the core business improved by 0.6 percentage points compared to the same period last year because of a better product sales mix.

“Our sales and earnings surpassed our revised guidance driven by stronger orders late in the quarter and better gross profit margin in August. Our acquisition of Healthy Directions contributed positively as planned. During the quarter, we made progress on our strategies that focus on product innovation, increased collaboration across our businesses and brands, and improved efficiency in many aspects of our organization,” said Julien R. Mininberg, CEO. “As an example, we have added new leadership in our global shared services who are spearheading the transformation of our distribution and sourcing operations. Executing our key strategies, combined with our strong balance sheet, allows us to invest in organic growth, improve our business and operations, while evaluating compelling acquisitions and repurchasing our common shares. This is positioning us to achieve our long-term goal of delivering consistent sales growth at increasing rates of profitability.”

As previously reported, in June the company acquired Healthy Directions, a provider of vitamins, minerals and supplements, for $195.9 million.
 

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?