Par Pharmaceutical to distribute authorized generic of Covis’s Lanoxin (digoxin) tablets
WOODCLIFF LAKE, N.J. — Par Pharmaceutical on Thursday announced that it has entered into an exclusive U.S. supply and distribution agreement with Covis Pharma S.a.r.l. to distribute the authorized generic version of Covis’s Lanoxin (digoxin) tablets.
According to IMS Health data, annual U.S. sales of digoxin tablets are approximately $44 million.
Digoxin tablets are indicated for treatment of mild to moderate heart failure in adults, increasing myocardial contractility in pediatric patients with heart failure, and control of resting ventricular rate in patients with chronic atrial fibrillation in adults.
Par has begun shipping 0.125 mg and 0.25 mg strengths of digoxin tablets.
Nuvo Research’s Pennsaid 2% approved to treat pain associated with osteoarthritis of the knee
MISSISSAUGA, Ontario — Nuvo Research on Friday announced that the U.S. Food and Drug Administration approved Mallinckrodt’s new drug application for Pennsaid (diclofenac sodium topical solution) 2%.
Pennsaid 2% is a follow-on product to original Pennsaid 1.5%, which has been marketed by Mallinckrodt in the United States since 2010. Pennsaid 2% will be the first twice-per-day dosed topical NSAID available in the United States for the treatment of the pain of osteoarthritis of the knee. Nuvo has licensed the U.S. sales and marketing rights for both Pennsaid 1.5% and Pennsaid 2% to Mallinckrodt.
"The approval of Pennsaid 2% is a significant milestone for Nuvo," said Dan Chicoine, chairman and co-CEO of Nuvo Research. "We are pleased that the FDA has approved this product for patients suffering from the pain of osteoarthritis of the knee."
Diplomat Pharmacy recognized by Michigan governor during State of the State address
FLINT, Mich. — Diplomat on Thursday was lauded for its civic efforts and proclaimed “a fabulous company” by Michigan Gov. Rick Snyder in the governor’s annual State of the State address delivered last night from the state capital in Lansing.
Gov. Snyder recognized Diplomat for its ongoing partnership with St. Luke North End Women’s Life Enterprises, a scrub uniform and accessories business started in Flint in 2008 by two Roman Catholic nuns, Sr. Carol Weber and Sr. Judy Blake. Both women, who were in the audience, were commended by the Governor during his address for their entrepreneurial success.
Through the partnership with Diplomat, N.E.W. Life was introduced to the state’s economic team and is now part of the Michigan Economic Development Corporation’s Community Ventures program. Community Ventures was heralded by Gov. Snyder as providing meaningful job opportunities for the structurally unemployed; the government program also aims to improve public safety and grow the economy in the state’s most challenged urban centers.
N.E.W. Life Enterprises was formed by St. Luke N.E.W. Life Center, a faith-based program that incorporates education and workplace training to help women become self-sufficient providers for their families. In addition to general life skills, women receive workplace training in several areas, including learning to sew. At the conclusion of the program, women may apply for a job as a seamstress at N.E.W. Life Enterprises, which makes I.D. lanyards and cell phone covers in addition to its core business of scrub tops and bottoms, hospital gowns and adult garment protectors. N.E.W. Life currently has 26 employees, with a targeted goal of 100 employees by fourth quarter 2014 with the assistance of the MEDC.
Acknowledging Gov. Snyder’s remarks about Diplomat, company CEO Phil Hagerman noted Diplomat’s director of community relations and government affairs Steve Wolbert was instrumental in bringing N.E.W. Life Enterprises to the attention of Diplomat and other collaborative Flint corporate partners.
“In the summer of 2012, Diplomat formalized its community outreach efforts and hired Steve Wolbert to serve as a liaison between Diplomat and Flint’s civic and business leaders,” Hagerman said. “Steve enthusiastically embraced the position, seeking out and developing community programs that have a measurable impact on the economy and quality of life here. He not only serves as an outstanding ambassador for Diplomat, Steve exemplifies the Diplomat motto to be a force for good as he brings people together to further programs like N.E.W. Life that create jobs and hope for a rebirth in our region.”