PHARMACY

Froesel to step in as BioScrip CFO

BY Alaric DeArment

ELMSFORD, N.Y. — Specialty pharmacy provider BioScrip has appointed David Froesel as EVP, CFO and treasurer, the company said Wednesday. Froesel will begin immediately, replacing Stan Rosembaum, who plans to leave the company before the year ends.

Froesel previously worked at Omnicare, which provides pharmaceutical care services to the elderly, for close to 14 years, serving as SVP and CFO from March 1996 until December 2009. Before working for Omnicare, Froesel worked at Mallinckrodt Group for 18 years.

“We welcome David to the BioScrip team and are pleased to have an accomplished professional of his caliber leading our financial operations,” BioScrip president and COO Richard Smith said.

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Savient begins shipping gout drug

BY Alaric DeArment

EAST BRUNSWICK — Drug maker Savient Pharmaceuticals has begun shipping its new gout treatment to specialty distributors, the company said Tuesday.

Savient announced the shipment of Krystexxa (pegloticase), saying it would become available by prescription starting Wednesday.

The drug, designed for administration by IV, received approval on Sept. 14 from the Food and Drug Administration for treating chronic gout.

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Annual NACDS Foundation dinner raises $1.76 million

BY Allison Cerra

NEW YORK — The charitable arm of the National Association of Chain Drug Stores held its 12th annual dinner in New York on Tuesday, which generated $1.76 million for research, charitable efforts and scholarships.

The NACDS Foundation said some of the funds were granted to those that sought to improve medication adherence — understanding medication therapy and appropriately taking medications — among patients. The foundation awarded a $1 million grant to National Consumer League’s public awareness campaign, which promotes medication adherence.

The NACDS Foundation also recognized representatives of Convoy of Hope and AmeriCares for their relief efforts following the earthquake in Haiti last January. The foundation donated $50,000 to each organization to assist with providing food, water, medicines and other resources and supplies to those impacted in Haiti. The foundation also contributed $50,000 to Doctors Without Borders for its healthcare delivery efforts during the aftermath of the earthquake.

In the scholarships sector, the NACDS Foundation recognized six NACDS Foundation pharmacy student scholarship recipients. Annually, the organization contributes more than $500,000 to support pharmacy student education through two scholarship programs.

Walgreens and Duane Reade were premier sponsors of the event, the NACDS Foundation said.

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