FDA approves generic versions of asthma, allergy drug
SILVER SPRING, Md. — The Food and Drug Administration has approved several generic versions of a drug used to treat asthma and allergies, the agency said Friday.
The FDA announced the approval of montelukast sodium, a drug indicated for controlling asthma symptoms and relieving indoor and outdoor allergies.
The drug is a generic version of Merck’s Singulair, which had sales of $4.6 billion in 2011, according to IMS Health.
The FDA said it approved versions of the tablet and chewable tablet formulations of the drug made by Apotex, Aurobindo Pharma, Endo Pharmaceuticals, Dr. Reddy’s Labs, Kudco Ireland, Mylan, Roxane Labs, Sandoz, Teva Pharmaceuticals and Torrent Pharmaceuticals. Teva also received approval for the oral granule formulation.
Vitacost.com expands leadership
BOCA RATON, Fla. — Vitacost.com has appointed a new chief information officer/chief technology officer.
The online retailer of health-and-wellness products said Joseph Topper Jr. most recently SVP customer success for Rosetta Stone and served as the company’s first chief information officer from 2007 through 2009. Topper replaces former CIO Nachiket Desai
"We have been investing in our infrastructure to develop a world-class technology platform that will support our future growth and believe Jay’s leadership skills will help enable us to achieve our goals," Vitacost.com CEO Jeffrey Horowitz said. "Jay’s significant customer-centric, growth-oriented IT experience will play a key role in enhancing the customer experience and using technology to help drive our business."
Tom Abbott’s role at Shopko expands
GREEN BAY, Wis. — Shopko’s SVP product development now has become responsible for overseeing the retailer’s consumables division.
Shopko said Tom Abbott’s new title is SVP product development/general merchandise manager of consumables. In this expanded role, Abbott will retain responsibility for product development, trend and sourcing. His previous oversight of the company’s textiles division will move to Shopko’s newly hired SVP/GMM home and hardlines, Craig Gourley, creating one senior merchant leader and vision for the home division.
Abbott, who has more than 40 years of experience in the retail industry, including 20 years at Shopko, has been the key strategist behind the company’s private-label brands program and has played an integral role in the development of Shopko’s hometown store merchandising strategy, Shopko said. Abbott will continue working on these initiatives as both the consumables and private-brand merchandise play a critical role in the growing hometown format, the retailer noted.
"This strategic move strengthens our important consumables team and business by positioning a direct senior leader in the division," Shopko EVP and chief merchandising officer Jill Soltau said. "As we look to drive sales of consumables in all of our formats, Tom’s wide-ranging experience, in-depth understanding of all aspects of retail, keen understanding of consumer behavior, as well as his track record of achieving significant results make him the perfect fit for driving our consumables business. We are excited to have Tom’s leadership over this important piece of our business."