PHARMACY

NIH funding chronic kidney disease research

BY Alaric DeArment

Bethesda,, Md. The National Institutes of Health has announced that it will give up to $12.5 million to research projects looking for biomarkers for chronic kidney disease.

The National Institute of Diabetes and Digestive Kidney Diseases will disburse the money over a five-year period to fund collaborative projects, including $2.5 million this year.

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PHARMACY

Rite Aid amending some financing terms

BY Melissa Valliant

CAMP HILL, Pa. Rite Aid on Friday reported that it is in the process of amending its Receivables Financing Agreement, an agreement originally entered into Sept. 21, 2004, through which Rite Aid sells substantially all of its eligible third-party pharmaceutical receivables to another entity, which then transfers those interests to various commercial paper vehicles.

The amendment extends a commitment that was set to expire Jan. 15 until Jan. 22, Rite Aid said in a filing with the U.S. Securities and Exchange Commission.

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Hiller’s Markets stops sale of tobacco

BY Alaric DeArment

NEW YORK A chain of supermarkets in Michigan has decided not to sell tobacco products, according to published reports.

The Hiller’s Markets chain has stopped stocking cigarettes and other tobacco products, according to the Oakland Press. The family-owned chain operates stores in the Michigan cities of Union Lake; Ann Arbor; West Bloomfield; Northville; Plymouth; Berkley and Commerce Township.

Several other supermarket chains have also stopped selling cigarettes, including Wegmans Food Markets and DeCicco Family Markets.

Last year, San Francisco banned the sale of tobacco and retail pharmacies, but continued permitting it in supermarkets and mass-merchandising stores that operate pharmacies.

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