PHARMACY

FDA approves topical treatment for genital warts

BY Alaric DeArment

BRISTOL, Tenn. — The Food and Drug Administration has approved a topical treatment for genital warts made by Graceway Pharmaceuticals, the drug maker said Monday.

The FDA approved Zyclara (imiquimod) cream in the 3.75% strength for patients ages 12 years and older. According to clinical trial data, the cream effectively cleared genital warts, and of patients who achieved complete clearance, only a small percentage had a recurrence 12 weeks after treatment.

“Zyclara cream, which represents a significant advancement in the topical treatment of genital warts, works by increasing the immune response,” Harbor-UCLA Medical Center professor of obstetrics and gynecology Anita Nelson stated. “In my professional experience, genital warts commonly recur after treatment. Zyclara cream showed promising results in preventing genital wart recurrence for 12 weeks in the majority of patients who cleared during the clinical study.” 

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PHARMACY

Natco to sell retail pharmacy?

BY Alaric DeArment

HYDERABAD, India — Indian generic drug maker may end its five-year stint as a retail pharmacy operator, according to published reports.

The Hindu Business Line reported Thursday that Natco was considering the sale of the SaveMart Pharmacy store in Lancaster, Pa.

A company official said the store was doing well, according to the article, but it did not fit its current business strategy. Natco was the first Indian drug company to operate pharmacies in the United States, operating a small handful of pharmacies since 2006, when it acquired a majority stake in a company operating a store in New Jersey, though it sold that store in January. It acquired SaveMart in 2007.

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Report: Former pharmacy chain CEO Rick Keltsch dies

BY Allison Cerra

FORT WAYNE, Ind. — The former head of a now defunct pharmacy chain has died, according to published reports.

Rick Keltsch, who led the Keltsch Bros. pharmacy chain as the company’s president and CEO until its merger with Scott’s Food & Pharmacy — a regional chain that was a subsidiary of Supervalu before being acquired by Kroger in April 2007 — died unexpectedly on Wednesday. He was 64 years old.

Keltsch is survived by his wife Jennie, children and grandchildren.

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