PHARMACY

Navarro announces discount prescription drug program

BY Antoinette Alexander

MIAMI Navarro Discount Pharmacies, an MBF Healthcare Partners portfolio company, has announced the launch of a new prescription discount club designed to offer patients with little or no insurance discounts of more than 400 prescription medications.

The program, dubbed Navarro’s Savings Club, covers the entire family including children and pets.

For $9.99 members may fill a prescription for 100 pills from more than 400 generic medications. That computes to $3 a month for medications taken one time a day, and $6 a month for those taken twice daily. Each tablet costs 10 cents.

Free, next-day prescription delivery service is available and members also receive a $10 gift card with enrollment, as well as 10 percent off more than 1,500 Premier Value brand products featured at the retailer.

According to the company, in the initial day of the new program it exceeded enrollment expectations by several hundred new members chain wide throughout Dade and Broward counties.

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Bristol-Myers Squib ups off for ImClone buyout

BY Alaric DeArment

NEW YORK Bristol-Myers Squibb announced Monday that it would increase its offer for ImClone after the biotech rejected a previous offer as too low.

Bristol had previously offered $60 a share for the company, but has increased its offer to $62 a share, or $4.7 billion.  That’s still far below the $70 a share that ImClone chairman Carl Icahn has said an unnamed pharmaceutical company has offered.

ImClone and Bristol jointly market the cancer drug Erbitux (cetuximab), and Bristol owns 16.6 percent of ImClone’s stock.

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Roche assures flu vaccines will be in stock for season

BY Alaric DeArment

NUTLEY, N.J. Ample supplies of the flu drug Tamiflu will be available throughout the country during the flu season, manufacturer Roche said Tuesday.

The vaccine, known generically as oseltamivir phosphate, is approved for treating and preventing influenza in adults and children aged 1 and older.

The Centers for Disease Control and Prevention considers it an important second line of defense against the flu.

“We understand that pharmacists do their best to stock appropriate amounts of antiviral medications, such as Tamiflu, for use during the flu season,” Roche medical director Dominick Iacuzio said. “However, the incidence and severity of seasonal flu remains unpredictable from year to year, and some pharmacies may still be faced with greater-than-expected demand during the season.”

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