Perrigo launches store-brand nicotine mini lozenges
ALLEGAN, Mich. — Perrigo on Wednesday announced that it has received approval from the Food and Drug Administration for its abbreviated new drug applications to market over-the-counter nicotine polacrilex mini lozenge USP in both 2-mg and 4-mg strengths.
The mint-flavored mini lozenge is comparable with GlaxoSmithKline’s Nicorette Mini Lozenge and is indicated to reduce withdrawal symptoms, including nicotine craving, associated with quitting smoking.
"This approval strengthens Perrigo’s leading store brand position in smoking cessation products, which also includes coated and uncoated flavored gums and lozenges," Joseph Papa, Perrigo’s chairman, president and CEO Joseph Papa said.
Nicorette Mini Lozenge is selling at an annual rate estimated at more than $30 million across all retail outlets. The product is expected to begin shipping in the next 90 days, Perrigo reported.
Nipro Diagnostics launches the TruePlus brand, featuring more than 30 diabetes-related products
FORT LAUDERDALE, Fla. — Nipro Diagnostics on Wednesday announced the introduction of a new portfolio of more than 30 ancillary products targeted to meet the needs of individuals with diabetes. The TruePlus products are designed to offer innovative, affordable solutions for diabetes patients to lead healthier lives.
"Launching the TruePlus products provides us the opportunity to create a diabetes destination strategy leveraging our category expertise for the diabetic patient and their needs," Nipro president and CEO Scott Verner said. "This initiative enables expansion of the True brand and extends its message of exceptional quality and value, while further enhancing our mission of making quality diabetes care solutions more affordable."
The TruePlus line includes fast-acting glucose tablets, shots and gels; ketone strips; diabetic multivitamins; syringes, lancets and lancing devices.
Walmart makes big push in Canada
MISSISSAUGA, Ontario — Walmart Canada is stepping up its presence in the country this month with the opening of the most stores in the company’s history.
By the end of October, the company will complete 30 real estate projects. They include two supercenter conversions and 28 new stores, which were formerly Zellers stores. Of the 28 Zellers locations, 10 will be supercentres and 18 will be discount stores. The 30 stores employ more than 3,000 associates and represent an addition of nearly 2.4 million square feet of retail space.
"This is an exciting month for Walmart Canada," said Jim Thompson, COO at Walmart Canada. "We are Canada’s fastest growing retailer and our 30 openings in October demonstrate our commitment to bringing everyday low prices to Canadians from coast-to-coast."
The 30 projects are part of 73 real estate projects planned for the company’s current fiscal year, which will add 4.6 million sq. ft. of retail space to its operations by Jan. 31, 2013.
As of Oct. 31, the company will have completed 50 of the 73 real estate projects planned for the year bringing the company’s store count to 367 stores: 193 supercenters and 174 discount stores.