PHARMACY

Glen’s Markets launches generic discount program

BY Alaric DeArment

GRAND RAPIDS, Mich. A supermarket chain in the Midwest has launched a generic discount program.

Glen’s Markets announced Friday that all of its pharmacies serving communities throughout northern Michigan will begin selling 30-day supplies of more than 300 generic drugs for $4 and 90-day supplies for $10.

“Our expanded generic drug program is another example of the many ways we are making it easier for customers to stretch their food, healthcare and household dollars,” EVP merchandising Alan Hartline stated. “Our customers can continue to rely on the expert health counsel and friendly service our team of professional pharmacists consistently offer.”

The Grand Rapids, Mich.-based chain gradually has introduced the program in its stores that have pharmacies. Glen’s Markets is the latest chain to offer a generic discount program since Walmart began the trend in 2006.

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NAMI releases PSA initiative regarding psychological disorders

BY Alaric DeArment

ARLINGTON, Va. A nonprofit organization hopes that a new series of public service announcements it has released will encourage people to connect with each other to help themselves, their families and friends who live with psychological disorders.

The National Alliance on Mental Illness announced this week that it had released a PSA initiative called “Puzzle Pieces” that includes four 60-second and three 30-second radio PSAs featuring testimonials from individuals and families that describe their experiences with mental illnesses and the role NAMI played in their recovery.

“We know that with early detection, appropriate treatment and support from family and friends, people with mental illness can lead healthy, rewarding lives,” NAMI executive director Michael Fitzpatrick said. “NAMI members connect to educate each other and encourage their loved ones during their personal journeys to wellness.”

The organization said that an estimated 1-in-5 American families is affected by mental illnesses, including major depression, bipolar disorder, schizophrenia and post-traumatic stress disorder.

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KV Pharmaceutical, Gedeon Richter announce licensing agreement

BY Alaric DeArment

BUDAPEST, Hungary An American drug maker has signed a licensing agreement with a Hungarian pharmaceutical company.

KV Pharmaceutical Co. announced that it had entered into an agreement with Budapest, Hungary-based Gedeon Richter and its American subsidiary for licensing rights to KV technologies and products in the women’s health category.

Under the agreement, Gedeon Richter will have the right to manufacture and distribute certain proprietary technologies and products from KV in the European Union and other areas where it does business, while KV will receive undisclosed milestones and royalties for products that the two companies develop. KV will retain U.S. rights.

“KV Pharmaceutical and Gedeon Richter have for many years enjoyed an excellent relationship and business collaboration, and we are very pleased to extend it in this fashion,” KV Pharmaceutical Co. interim CEO David Van Vliet stated. “We believe this agreement allows both Richter and KV to offer additional enhanced products to more completely serve physicians and their patients.”

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