Kimberly-Clark adds global innovation center to network
DALLAS — Kimberly-Clark is expanding its worldwide innovation capabilities with the establishment of a global innovation center that will be based in Bogota, Colombia.
The facility, which is the first of its kind in the region, will develop products using local and regional insights to meet broader consumer needs, Kimberly-Clark said. The facility joins the recently announced global innovation center in Seoul, Korea, along with North American facilities in Neenah, Wis., and Roswell, Ga.
"Innovation is a core strategy of our global business plan," Kimberly-Clark VP product development Cindy Panning said. "We intend to further leverage our leadership by coupling integrated marketing programs with winning innovation around the world to grow our categories and our businesses. Our global innovation centers will help us stay competitive in a fast-changing environment."
Shoppers fetching natural dog food
NEW YORK — Pet lovers want the best for their furry friends. Last year, Americans spent $55 billion on their pets, according to Packaged Facts, and the upward trend shows no signs of slowing.
One of the brightest spots in the pet category is natural and organic pet food. While Packaged Facts estimated that the market segment accounts for about 7% of pet food sales, the market research firm sees a huge upside to the segment.
The American Pet Products Association said pet food trends are mimicking human food and diet trends. Antioxidant ingredients are likely to become common. Formulas designed to combat pet obesity also are becoming more popular. Veterinarians estimated that 14% of cats and 12% of dogs are obese.
The article above is part of the DSN Category Review Series. For the complete Pet Food Sell-Through Report, including extensive charts, data and more analysis, click here.
Pharmacists urge N.Y. governor to sign mail-order pharmacy bill
NEW YORK — Pharmacists are urging New York governor Andrew Cuomo to give the green light to legislation that would prevent health insurers from requiring patients to receive their drugs via mail order, according to published reports.
According to the reports, local pharmacists said at a press conference that the bill would help stop losses of pharmacies and jobs.
Still, pharmacy benefit managers and the Federal Trade Commission have opposed the bill, New York Assembly Bill 5502-B, which has passed in both houses. In a letter earlier this month responding to state Sen. James Seward’s request for comments, the FTC said the bill would raise the price of drugs and reduce access to them, as well as limit a health plan’s ability to steer beneficiaries to such mail-order vendors as pharmacy benefit managers that may offer lower prices that use financial and other incentives if a competing retail pharmacy is willing to fill prescriptions at "comparable prices." The intended purpose of the bill is to help patients choose where they fill prescriptions.