PHARMACY

Novo Nordisk plans to spend $400 million to build plant in China

BY Alaric DeArment

NEW YORK A drug company that specializes in products for treating diabetes plans to spend $400 million to build an insulin plant in northeastern China.

Novo Nordisk announced last week that it would build the plant in Tianjin, a major city east of Beijing. It will employ nearly 500 people.

The plant will begin operating in 2012 and be used to manufacture the Danish drug maker’s NovoMix 30 and NovoRapid products, among others.

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Jewel-Osco extends Prescription Plus offerings for more customers to get flu shots

BY Alaric DeArment

ITASCA, Ill. A retail pharmacy chain is reminding patients to use their prescription medications properly and get vaccinated despite the difficult economy.

Jewel-Osco Pharmacy will extend its Prescription Plus Rewards Programs through Jan. 31, allowing frequent pharmacy customers to save money on groceries. The program offers customers a 10 percent discount coupon for every five prescriptions they fill at the pharmacy using a discount card.

“As pharmacists, our foremost concern is helping our patients comply with their prescribed medication therapies,” Jewel-Osco vice president for pharmacy operations Tom Rousonelos said. “We’re extending the length of Prescription Plus in response to a real need our pharmacy customers tell us they have for the continuous opportunities to reduce their grocery bills through this program.”

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FDA approves Aurobindo’s generic version of Zoloft

BY Alaric DeArment

ROCKVILLE, Md. The Food and Drug Administration has approved Aurobindo’s application for sertraline hydrochloride oral concentrate, FDA records show.

The drug is a generic version of Pfizer’s antidepressant Zoloft. Roxane and Ranbaxy also offer generic versions.

The FDA approved sertraline hydrochloride tablets from Aurobindo in February 2007. The oral concentrate formulation received approval on Oct. 31.

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