Minn. flu deaths more than double over last year
NEW YORK — The number of people who have died from flu in Minnesota is 75, more than double what it was last year, according to the state health department and published reports.
According to data released by the department, the third week of January — Jan. 13-19 — saw 15 people die from flu-related illness, bringing the total for the season to 75. The Minneapolis Star Tribune reported that 33 people died from flu last season, while 67 died during the 2009-2010 season, coinciding with the H1N1 pandemic.
During the third week, 208 people were hospitalized, bringing the total number of hospitalizations to 2,128, according to the state health department.
ABC Q1 2013 revenue up 6%
VALLEY FORGE, Pa. — AmerisourceBergen on Thursday reported revenue of $21.5 billion, up 5.7%, for the first quarter ended Dec. 31. “We are off to a solid start in our fiscal year 2013, with December quarter results in line with our expectations,” said Steven Collis, ABC president and CEO. “During the quarter, we successfully implemented our previously announced new contract with our largest customer, and we continued to make progress on the integration of World Courier. As we look ahead, we are well-positioned to meet our objectives for the year and to continue to have significant financial flexibility.”
Pharmaceutical distribution revenues totaled $21.1 billion, an increase of 5% compared to the same quarter in the prior year. The increase was credited primarily to an increase in sales volume resulting from the implementation of a new contract with the company’s largest customer, offset in part by the loss of a food and drug retail group purchasing organization.
Despite the headwind of the lost customer, Collis was confident AmerisourceBergen would reach previously projected earning targets. “Looking ahead, [AmerisourceBergen] continues to expect diluted earnings per share from continuing operations in fiscal year 2013 to be in the range of $3.06 to $3.16,” Collis said. “Key assumptions supporting that range are: revenue growth in the 6% to 9% range; operating income growth in the 3% to 5% range; an operating margin decline in the high single- to low double-digit basis points range; and free cash flow in the range of $750 million to $850 million, which includes capital expenditures in the $180 million range. Subject to market conditions, we expect to spend approximately $400 million to repurchase our common shares in fiscal year 2013.”
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Pampers Swaddlers available in new sizes
MINNEAPOLIS — Pampers, part of Procter & Gamble, is expanding its line of Swaddlers diapers, the company announced this week. Previously available only up to size 3, the company will now offer sizes 4 and 5 at Target stores nationwide. From Jan. 27 through Feb. 2, Target guests will receive a free $20 Target gift card with an in-store purchase of two Pampers Swaddlers, Cruisers or Baby Dry economy packs.
“Pampers Swaddlers have been the No. 1 choice of hospitals for years, and we are excited to launch these additional sizes,” said Greg Barntsen, Procter & Gamble marketing manager. “We listened to parents who said they wanted to keep their toddlers in Swaddlers, and we’re pleased to offer them that option now.”
According to Audrey McClelland, mother of four children under the age of 8 years — with one more on the way — and founder of MomGeneration.com, moms are looking for ways to keep it simple and avoid unnecessary disruptions to established routines. “Swaddlers is a diaper I’ve always loved, and I’m so excited it is now available in bigger sizes at Target,” said McClelland. “Now parents can keep their little ones in Swaddlers throughout all their diaper-wearing years.”
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