Pfizer to acquire meningitis vaccines from GSK for $130M
NEW YORK — Pfizer has entered into an agreement with GlaxoSmithKline to acquire its quadrivalent meningitis ACWY vaccines, Nimenrix and Mencevax, for approximately $130 million.
This transaction will add two complementary vaccines to Pfizer’s portfolio, allowing the company to reach a broader global population.
Nimenrix (meningococcal serogroups A, C, W-135 and Y conjugate vaccine) is a single dose meningococcal ACWY-TT (tetanus toxoid) conjugated vaccine designed to protect against Neisseria meningitidis, an uncommon but highly contagious disease that can lead to disability and death. Launched three years ago, it is indicated for all age groups older than 1 year of age. Nimenrix is currently registered and approved for sale in 61 countries across the European Economic Area (EEA 30), Canada, Australia and Emerging Markets, with registrations under review in another 18 countries across Africa, Asia, Eastern Europe and the Middle East.
Mencevax (meningococcal polysaccharide serogroups A, C, Y and W-135 vaccine) is a single-dose meningococcal ACWY unconjugated polysaccharide vaccine used to control outbreaks of meningococcal infection and for travelers to countries where the disease is endemic or highly epidemic. Mencevax is indicated for use across all age groups from 2 years of age, and is currently registered and approved in 79 countries across Africa, Asia, Australia, Europe, Latin America, Middle East and New Zealand.
“The addition of Nimenrix and Mencevax is an important milestone for Pfizer Vaccines. Adding these two innovative and complementary vaccines to our current portfolio will allow us to more completely respond to meningococcal disease outbreaks as well as proactively address a critical public health need – the prevention of meningococcal disease across all ages,” stated Susan Silbermann, president, Pfizer Vaccines. “Acquiring these quadrivalent vaccines will broaden our ability to address the burden of meningococcal meningitis – an uncommon but serious and sometimes fatal disease. This helps us to further fulfill our vision to protect lives with innovative vaccines to fight serious diseases worldwide and gives us even greater capability to meet the needs of the global community we serve.”
With the approval in 2014 of Trumenba (Meningococcal Group B Vaccine) in the United States for protection against serogroup B meningococcal disease in individuals 10 through 25 years of age, the acquisition of NeisVac-C for protection against serogroup C meningococcal disease from Baxter last year, and the addition of these two quadrivalent meningitis vaccines, the company stated that it is working to create a broad portfolio focused on helping prevent meningococcal disease as well as used for outbreak control.
Pfizer does not expect this transaction to have any significant impact on its 2015 financial performance. The transaction is subject to customary closing conditions as well as regulatory approvals in several markets and is expected to occur in the second half of 2015.
Sam’s Club introduces exclusive daily deals online
BENTONVILLE, Ark. — Sam’s Club has developed a new way for members to save. Enter Shocking Values.
The new program offers daily deals at SamsClub.com with up to 60% off regular retail prices. The introduction of Shocking Values makes Sam’s Club the first wholesale retailer to offer an online daily deal program.
Members can find new, limited-time deals every day starting at 9 a.m. CT by visiting www.samsclub.com/shockingvalues and the Sam’s Club mobile app, or they can receive daily e-mail notifications through an opt-in mailing list.
“Our members consider each visit to their neighborhood club and SamsClub.com a treasure hunt for unexpected savings, and Shocking Values is a new extension of that experience,” stated Jamie Iannone, president and CEO of SamsClub.com. “These daily deals increase the value of a Sam’s Club membership and provide savings that members won’t find anywhere else.”
The Shocking Values program features hand-picked brands at low prices. Shocking Values products are chosen based on members’ interests, top trends and popular items from the company’s most popular shopping categories. Members can expect to see a wide range of products including consumer electronics, accessories and watches, kitchen appliances, apparel, home décor, outdoor/garden and more. These deals are for a limited time with limited quantities.
Shocking Values is the latest addition to member exclusives at Sam’s Club. Sam’s Club recently re-launched Club Pickup, another warehouse first that allows members to save time by shopping online and picking up their order in club, and a suite of services ranging from travel to tax preparation to identity theft protection.
NACDS launches new Total Store Expo webinar series
ARLINGTON, Va. — To help retailers and suppliers prepare for success at the upcoming National Association of Chain Drug Stores Total Store Expo in August, NACDS has develop a webinar series to help attendees plan and navigate their experience.
The NACDS Total Store Expo will be held Aug. 22 to 25 at the Colorado Convention Center in Denver.
The educational series will help attendees plan and navigate their trade show experience in a number of areas, including logistics, technology, appointment planning, Meet the Market strategies and engaging with the media.
Each webinar is offered at no charge to all retailers and suppliers that are registered for the NACDS Total Store Expo. Following each webinar, video will be available online for viewing on the NACDS-TV channel. Below is the line-up of all webinars:
July 8: Show Logistics – From Set Up to Tear Down
Get the go-to-guide on how to ensure all exhibit materials are shipped properly and timely. Specific items that will be covered are exhibit insurance information; working with Freeman, the logistics company for NACDS Total Store Expo; move-in/move-out requirements and other important protocols to help make the onsite set-up and breakdown of the trade show the most efficient and effective experience.
July 15: Meet the Market – Suppliers
Learn from retailers and suppliers how they utilize the 10-minute Meet the Market program. Executives from NACDS Retail Advisory Board members H-E-B and Lornamead will offer insights on how these fast-paced business meetings provide important first-step business opportunities that can lead to long-term partnerships.
July 23: Meet the Market – Retailers
This webinar will assist retailers in finalizing their Meet the Market schedules. Important information covered in this presentation includes making edits to online schedules, how to review company profiles, and review of onsite logistics of the Meet the Market program.
July 30: Retailer Preview – Everything for Pre-Show Planning
Designed for retailers, this webinar is a one-stop shop to review all of the online resources to maximize final preparations for the NACDS Total Store Expo, including retailer resources, participating companies, the appointment planner, and how to utilize social media.
A previously-held webinar — Exhibitor Tools, Tips and Tricks: An overview of the Total Store Expo Resources — is also available for viewing under the Exhibitor Resources section of the NACDS Total Store Expo web site.
Registration is not required for these webinars; however, NACDS urges those who are interested to contact NACDS’ Mary Medawar at email@example.com to obtain information on how to access the webinars.
“Preparation is truly the key to a successful experience at the NACDS Total Store Expo – both for retailers and suppliers,” stated NACDS president and CEO Steve Anderson. “Innovative resources like the upcoming webinar series are designed to provide attendees effective and efficient preparation strategies ahead of time to help maximize business opportunities and the overall experience at the trade show.”