PHARMACY

RediClinic closes doors on 15 stores inside Wal-Mart locations

BY Antoinette Alexander

HOUSTON Citing a tough economy, in-store clinic operator RediClinic has closed its 15 clinics located within Wal-Mart stores in several states.

According to a company spokesperson, the shuttered clinics were underperforming for “a variety of reasons,” and RediClinic could not continue to support them in today’s difficult economic environment.

The closures included two clinics Oklahoma, nine clinics in Virginia, two in Arkansas and two in Atlanta.

RediClinic continues to operate 21 clinics‹15 in Houston and six in Austin, Texas. All of these clinics are located inside HEB stores.

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Women’s Health announces additions to executive team

BY Jenna Duncan

AVON, Conn. Women’s Health USA announced Thursday promotions that would affect the make-up of its executive team.

Women’s Health has said that Patrick Murphy will serve as president and COO, reporting to Robert Patricelli, chairman and CEO.

Murphy rececently served at Women’s Health as EVP and serves concurrently as SVP and CFO of Evolution Benefits a companion company to Women’s Health.

Additionally, Brian Pskowski has been promoted to the role of EVP of finance and administration Women’s Health subsidiary In Vitro Sciences. Prior to this promotion, Pskowski served as Women’s Health’s CFO for several years, reports said.

And Michael Pascetta has been tapped for SVP and CFO of Women’s Health, taking over for Pskowski. Pascetta has served Women’s Health as CFO of an operating divisions for four years.

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GlaxoSmithKline begins phase 3 trial for coronary heart disease treatment

BY Alaric DeArment

LONDON GlaxoSmithKline has started its first phase 3 clinical trial to determine the efficacy of the investigational Lp-PLA2 inhibitor darapladib, for adults with chronic coronary heart disease, GSK announced Thursday.

The Stabilization of Atherosclerotic Plaque By Initiation of Darapladib Therapy, or STABILITY study, will include more than 15,000 patients from 39 studies.

“Despite major advances in medical treatment, coronary heart disease remains the leading cause of death worldwide, and new approaches are needed to help reduce this burden to patients and society,” GlaxoSmithKline senior vice president for drug discovery Patrick Vallance said in a statement. “GSJ is initiating the large STABILITY trial with darapladib as part of a phase 3 program to determine if this novel medication could improve people?s lives by reducing the risk of cardiovascular events.”

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