Report: Supreme Court rejects Mylan appeal
NEW YORK — Mylan may have to pay $77 million to four health insurers over allegations that it sought to control the market on ingredients used for two anti-anxiety medicines, according to published reports.
Bloomberg reported that the Supreme Court rejected the drug maker’s appeal of a 2005 jury verdict in a case that involved antitrust allegations regarding the drugs lorazepam and clorazepate.
The news agency reported that Mylan had argued that federal courts lacked authority to consider the case, and that an appeals court had told a trial judge to cut the award down instead of dismissing the suit. The article noted that the company has faced antitrust allegations concerning the drugs since 2000, with the Federal Trade Commission complaining that exclusive supply agreements allowed Mylan to raise the price of the drugs by more than 2,500%.
Mylan did not respond to a Drug Store News request for comment.
Pro Beauty Tools sinks teeth into ‘Twilight’ limited-edition collection
EL PASO, Texas — Helen of Troy has acquired a license from Summit Entertainment to produce and market an exclusive line of Pro Beauty Tools under the "Twilight Saga" franchise.
The exclusive "Twilight" limited-edition collection by Pro Beauty Tools, set for retail launch this month, coincides with the release of the film, "The Twilight Saga: Breaking Dawn – Part 1." The new collection consists of five styling appliances and a collection of professional brushes.
"Helen of Troy is delighted to be working with Summit Entertainment because both companies are dedicated to the same target audience, young women who demand cutting edge trends with a great flair of style," Helen of Troy chairman and CEO Gerald Rubin said. "There is a lot of synergy between our Pro Beauty Tools brand and ‘The Twilight Saga’ phenomenon. Together, we have the opportunity to bring value-added products to a fan base that is thirsting for more brand extensions."
Pro Beauty Tools products currently is available at Walmart, Target, Walgreens and most fine retailers.
Thandie Newton becomes new face of Olay Total Effects
CINCINNATI — Actress Thandie Newton has added a new role to her resume: spokeswoman.
Newton will serve as the new face of Olay Total Effects in North America, according the brand’s parent company, Procter & Gamble. Newton revealed that she uses Olay Total Effects 7-in-1 daily UV moisturizer, an all-in-one, anti-aging facial moisturizer that fights seven signs of aging in just one product. The moisturizer features antioxidants and vitamins (specifically, niacinamide), which helps improve skin’s moisture barrier and enhances its appearance.
"As an actress and busy mother of two, it’s important for Thandie to keep her skin bright, beautiful, and healthy-looking on and off the big screen without a complicated regimen, which is why she is a perfect fit for Olay. We are thrilled to announce Thandie Newton as the new face of Olay Total Effects," P&G VP North America female beauty Joe Arcuri said.