FDA approves expanded indication for Pfizer’s Bosulif
The Food and Drug Administration has approved a new indication for Pfizer’s Bosulif (bosutinib). The drug is now indicated to treat patients with newly diagnosed chronic-phase Philadelphia chromosome-positive chronic myelogenous leukemia, or Ph+ CML. The approval marks the third approval for hematology in five months for Pfizer, the New York City-based company said.
“Bosulif was Pfizer’s first treatment for hematologic malignancies, and has since become an important treatment option for Ph+ CML patients who are resistant or intolerant to previous therapy. This expanded indication has the potential to make an even greater impact on the lives of patients with CML,” Pfizer Oncology global president Liz Barrett said. “Today’s news marks the third FDA approval for a Pfizer hematology medicine in just five months, a significant achievement that reinforces our commitment to patients living with blood cancers.”
Bosulif was first approved in September 2012 to treat patients with chronic-, accelerated- or blast-phase Ph+ CML with resistance or intolerance to prior therapy.
Walmart, CVS Health execs to address NRF 2018 convention
Executives from Walmart and CVS Health will be among the biggest names addressing the National Retail Federation’s 107th annual convention in mid-January 2018. Walmart president and CEO Doug McMillon and Helena Foulkes, CVS Health executive vice president and president of CVS Pharmacy will address the conference on its first and second days, respectively.
McMillon will join Washington, D.C.-based NRF’s president and CEO Matthew Shay to talk about retail strategies concerning the changing face of retail on Jan. 14, 2018, and Foulkes will speak to attendees about empowering customers to improve everyday health care on Jan. 15., 2018. Foulkes also will offer insight about CVS Health’s purpose-driven culture and how that informed the company’s pending acquisition of Aetna, NRF said.
“The retail industry is going through a transformation, and that’s the theme you will hear from all of our speakers at this year’s show,” NRF Senior Vice President for Retail Strategy Cristina Ceresoli said. “These are strong industry leaders with expertise and insights that will inspire, challenge and encourage others to enhance their brands through customer service, technology and constantly embracing the change driven by the consumer.”
Also added to the list of speakers was Tommy Hilfiger, founder and principal designer at his eponymous company, who will close out the conference on Jan. 16, 2018. Hilfiger, Foulkes and McMillon round out a roster that includes executives from Alibaba Group, Apple, Facebook, Chobani and various other leading companies.
NRF 2018 will take place Jan. 14-16, 2018. The organization said it adds speakers and breakout sessions weekly on its website.
Kao USA to acquire Oribe Hair Care
Beauty company Kao USA is building up its salon division with its latest acquisition. The company will be acquiring Oribe Hair Care from Luxury Brand Partners and onboarding Oribe Hair Care co-founder and co-president Daniel Kaner as the president of the newly acquired entity, Cincinnati-based Kao said.
“Oribe is a stellar brand and a perfect fit for the Kao Salon Division portfolio,” Kao’s salon division global president Cory Couts said. “And Daniel will be an exciting and inspiring addition to our management team. Daniel's appointment not only guarantees the continuity of all that is extraordinary about Oribe but is also a progression of our company's mission to appeal to the most artistic and business-minded salon professionals in the world.”
Oribe began as a prestige hair care brand, but has grown to a global brand with products spanning skin care, hair care, body care, makeup, tools and accessories. Its products are sold in specialty retailers and in the salon segment. Under Kao, the business will continue to be based in New York City with current management, reporting to the Kao salon division.
“Kao is the ideal place for Oribe Hair Care to take the next step in its transformative journey,” Kaner said. “I have a deep respect for their organization and talented leadership team. Our friendship and business relationship goes back years, most successfully with the strategic partnership in the United States between Oribe and Goldwell color. We have always believed that hair care should be an immersive and luxury experience, and Kao is incredibly supportive of the high standard that we set for ourselves.”
The terms of the acquisition were not disclosed.