Report finds vaccines are major area of growth
NEW YORK While generic drugs count for most of the prescription drug growth in this country, one of the biggest areas of growth internationally has been vaccines.
According to a report by Kalorama Information titled “Vaccines 2009: World Market Analysis, Key Players, and Critical Trends in a Fast-Changing Industry,” vaccine sales grew 21.5% since 2007 to reach $19.2 billion, and the market is expected to double by 2013 due to a strong pipeline of new products and rising usage.
“New products and better-than-expected profits, as well as merger activity, have transformed the vaccine marketplace,” Kalorama Information publisher Bruce Carlson said in a statement. “Continued sales of influenza and cervical cancer vaccines have provided a foundation for growth in the adult market. Meanwhile, the pediatric market was fueled by several major products, including Wyeth’s pneumococcal vaccines Prevnar and Merck’s new rotavirus vaccine TotaTeq.”
Jewel-Osco Hunger Relief Program funding area food pantries, soup kitchens
ITASCA, Ill. Applications are now being accepted by Jewel-Osco for its “Hunger Relief Grant Program,” designed to fund the operational needs of food pantries and soup kitchens.
The leading Midwest food and drug retailer is entering its second year with the $300,000 block grant program. In conjuction with three fellow “Feeding America” area food banks (Greater Chicago Food Depository, Northern Illinois Food Bank and Food Bank of Northwest Indiana), Jewel-Osco is giving qualified agencies the opportunity to apply for grants of up to $2,500 for the purpose of improving operational efficiency and maximizing existing resources.
“This program will enable us to provide more food for our neighbors in need,” said Angie Williams, executive director of the FBNI. “In the midst of an economic crisis, it is such a blessing to see Jewel-Osco extend a helping hand to our agencies that are on the frontlines battling hunger. We are so thankful for their support.”
Grant application forms will be available online through the company Websites for any of the partnership companies and current member applications will be send by mail. All applications are due Aug. 14 by mail. Grants will be awarded this November.
Price Chopper opens new store in Oswego, N.Y.
SCHENECTADY, N.Y. An East Coast supermarket chain has opened its second new store this month.
Price Chopper announced Tuesday the opening of a 68,000-square-foot store in Oswego, N.Y., at 137 State Route 104. The store replaces the Price chopper up the street, which opened in October 2005. The chain has operated stores in the city since 1976.
“We are confident that consumers here will appreciate the superior quality and value of what Price Chopper has to offer,” Price Chopper president and CEO Neil Golub said in a statement. “We are truly committed to continue to bring ‘the best in fresh … and low prices’ to the city of Oswego.”