HEALTH

Female Health Company board member to serve as observer on Veru Healthcare post merger

BY Michael Johnsen

CHICAGO – The Female Health Company and Aspen Park Pharmaceuticals on Tuesday announced that, upon completion of their proposed merger, Andy Love will serve as an observer to the board of directors of the combined company. 

Love is a current member of FHC's board of directors.

While he serves as a board observer, Love will participate in board meetings of the merged company, to be called Veru Healthcare.

“We welcome Andy to the Veru Healthcare Board,” stated Mitchell Steiner, CEO and president of APP and the combined company, Veru Healthcare, after completion of the proposed merger. “His insights and experience strongly complement the skill set and expertise of the Veru Healthcare board.”

“Andy is an enthusiastic supporter of the merger, having recently purchased shares of FHC stock to add to his already sizable ownership position,” added O.B. Parrish, chairman and CEO of FHC. “He has been a valuable member of the FHC Board and important link to members of the investment community. His status as observer will greatly increase our ability to continue to effectively communicate with our shareholders.”

Love has served as a director of FHC since May 2013. He served as chairman and co-CEO of Love Savings Holding Company, the holding company of Heartland Bank, from December 1985 to December 2014.

Currently, he is chairman and  co-CEO of Hallmark Investment Corporation, successor to the non-banking activities of Love Savings Holding Company subsequent to its merger with Midland States Bancorp on Dec. 31, 2014.

Love has more than 40 years of investment, banking and real estate experience. Previously, Love was a partner at the law firm Bryan Cave.

As previously announced, the Veru Healthcare board of directors will be comprised of nine members, with three directors named by FHC (O.B. Parrish, David Bethune and Mary Margaret Frank), three directors currently on APP’s board of directors (Mitchell Steiner, Harry Fisch and Elgar Peerschke, who will serve as chairman) and three new directors (Georges Makhoul, Lucy Lu and Mario Eisenberger).
 

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?
HEALTH

Researchers explore pathway between nicotine use and inflammation

BY Michael Johnsen

UMEA, Sweden – As if there aren't enough reasons to kick the nicotine habit already, researchers from Umeå University in collaboration with U.S. researchers found a new link between nicotine and inflammation.

"This particular finding explains the missing piece of the puzzle of tobacco usage and inflammation," stated Ava Hosseinzadeh, who worked on this project during her doctoral dissertation. "This novel finding opens new avenues to understand the consequences of tobacco usage for human health and should be seen as one more convincing argument to quit nicotine usage in any form."

In a recently published article in the Journal of Leukocyte Biology, researchers at the Laboratory for Molecular Infection Medicine Sweden at Umeå University found that nicotine activates neutrophils in an undesirable fashion.

Neutrophils are the most abundant type of white blood cells that circulate in the blood stream ready to attack invading microbes with an arsenal of antimicrobial compounds. Neutrophils are essential to prevent infection by engulfing invading microbes, or by releasing reactive oxygen species as well as DNA fibres from their own nuclei, termed neutrophil extracellular traps (NETs). NET release is a mixed blessing. Loaded with antimicrobial enzymes and pro-inflammatory molecules NETs are harmful to invading microbes, however, they can also potently harm the host's own tissue, if not controlled in the right manner.

In recent years, NETs have been attributed to be mediators of tissue damage in several inflammatory diseases, such as small vessel vasculitis, arthritis and cancer.

For the first time, Hosseinzadeh and colleagues at MIMS show that nicotine triggers NET release. The signal to trigger NETs is mediated by a specific acetylcholine receptor found on neutrophils and further signalled into the cell via a protein kinase known as Akt.

"The next evident step is to demonstrate the NET-inducing capacity of nicotine in animal models and human samples," commented Constantin Urban, associate professor and project leader at Umeå University. "Such 'in vivo' studies will enable us to attract new funders and potentially interest of the pharma industry. Our finding could hopefully lead to novel anti-inflammatory therapies of tobacco usage related diseases."

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?
HEALTH

2016 State of Obesity report finds Americans making moderate progress

BY Michael Johnsen

WASHINGTON – U.S. adult obesity rates decreased in four states (Minnesota, Montana, New York and Ohio), increased in two (Kansas and Kentucky) and remained stable in the rest, between 2014 and 2015, according to The State of Obesity: Better Policies for a Healthier America, a report from the Trust for America's Health and the Robert Wood Johnson Foundation.

This marks the first time in the past decade that any states have experienced decreases – aside from a decline in Washington, D.C. in 2010.

"Obesity remains one of the most significant epidemics our country has faced, contributing to millions of preventable illnesses and billions of dollars in avoidable healthcare costs," stated Richard Hamburg, interim president and CEO, TFAH. "These new data suggest that we are making some progress but there's more yet to do. Across the country, we need to fully adopt the high-impact strategies recommended by numerous experts. Improving nutrition and increasing activity in early childhood, making healthy choices easier in people's daily lives and targeting the startling inequities are all key approaches we need to ramp up."

Despite these modest gains, obesity continued to put millions of Americans at increased risk for a range of chronic diseases, such as diabetes and heart disease, and costs the country between $147 billion and $210 billion each year.

In 2015, Louisiana has the highest adult obesity rate at 36.2% and Colorado has the lowest at 20.2%. While rates remained steady for most states, they are still high across the board.

The 13th annual report found that rates of obesity now exceed 35% in four states, are at or above 30% in 25 states and are above 20% in all states. In 1991, no state had a rate above 20%.

 The analyses are based on the U.S. Centers for Disease Control and Prevention's Behavioral Risk Factor Surveillance System.

The State of Obesity also found that:

 

  • 9 of the 11 states with the highest obesity rates are in the South and 22 of the 25 states with the highest rates of obesity are in the South and Midwest;
  • 10 of the 12 states with the highest rates of diabetes are in the South;
  • American Indian/Alaska Natives have an adult obesity rate of 42.3%;
  • Adult obesity rates are at or above 40% for Black people in 14 states; and
  • Adult obesity rates are at or above 30% in 40 states and Washington, D.C. for black people; 29 states for Hispanic people; and 16 states for White people.

There is some evidence that the rate of increase has been slowing over the past decade.  For instance, in 2005, 49 states experienced an increase; in 2008, 37 states did; in 2010, 28 states did; in 2011, 16 states did; in 2012, only one state did; and in 2014, only two states did.

In addition, recent national data show that childhood obesity rates have stabilized at 17% over the past decade. Rates are declining among 2- to 5-year-olds, stable among 6- to 11-year-olds and increasing among 12- to 19-year-olds. There are significant racial and ethnic inequities, with rates higher among Hispanic children (21.9%) and Black children (19.5%) than among White (14.7%) children.

Some other findings from the report include:

 

  • The number of high school students who drink one or more soda a day has dropped by nearly 40% since 2007, to around one in five (20.4%) (note: does not include sport/energy drinks, diet sodas or water with added sugars);
  • The number of high school students who report playing video or computer games three or more hours a day has increased more than 88% since 2003 (from 22.1% to 41.7%);
  • More than 29 million children live in "food deserts," and more than 15 million children live in "food-insecure" households with not enough to eat and limited access to healthy food;
  • Farm-to-School programs now serve more than 42% of schools and 23.6 million children; and
  • 18 states and Washington, D.C. require a minimum amount of time that elementary students must participate in physical education; 14 states and Washington, D.C. require a minimum amount for middle schoolers; and six states require a minimum amount for high schoolers.

"This year's State of Obesity report is an urgent call to action for government, industry, healthcare, schools, child care and families around the country to join in the effort to provide a brighter, healthier future for our children. It focuses on important lessons and signs of progress, but those efforts must be significantly scaled to see a bigger turn around," said Risa Lavizzo-Mourey, president and CEO of RWJF. "Together, we can build an inclusive Culture of Health and ensure that all children and families live healthy lives."
 

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?