Scolr Pharma adds Nuprin to portfolio
BOTHELL, Wash. Scolr Pharma earlier this year acquired the rights to the Nuprin brand name from Advanced Healthcare Distributors, an affiliate company of CVS Caremark, in a deal worth $180,000.
“Our acquisition of this globally recognized name will provide us with additional opportunities for ibuprofen-based products,” stated Stephen Turner, Scolr Pharma president and CEO. “We expect that the acquisition will allow us to generate potential near-term sales of immediate release 200 mg ibuprofen tablets, in addition to providing us with enhanced options on our extended release ibuprofen program.”
Alcon IDC opposes Novartis merger
HUNENBERG, Switzerland Novartis may need to reconsider its offer to acquire Alcon, according to a press release issued Monday.
Hans Caspar von der Crone, a Swiss legal and corporate governance expert, has concluded that a recommendation by the Alcon independent director committee is an indispensable first step before the board of Alcon can decide on the merger proposal.
The conclusion runs contrary to Novartis’ public implications that it would be able to unilaterally impose the merger irrespective of the IDC’s position once Novartis becomes Alcon’s majority shareholder.
Afull copy of the legal opinion is available on the IDC’s website, Transactioninfo.com/alcon.
The IDC had commissioned von der Crone, as an independent third party and expert in Swiss corporate law and corporate governance best practices, to review all relevant corporate documents and issue a legal opinion.
Rainbow Light keeps minds at ease with new supplement
SANTA CRUZ, Calif. Rainbow Light Nutritional Systems on Tuesday announced its introduction of Busy Brain Release, a supplement that delivers GABA and L-theanine, both of which blunt cortisol, a hormone released in response to stress, the company stated.
Studies suggested these ingredients support relaxed calm, better sleep, mental clarity and focus, and help the body adapt to stress, Rainbow Light added.
“When the mind is racing and stressed out, it can be difficult to focus and think clearly during the day, or sleep well at night,” explained Michele McRae, Rainbow Light’s director of formulation and quality. “Multitasking women trying to balance careers, families and social activities often experience chronic stress.”