PHARMACY

Take Care opens new retail clinic in Missouri

BY Antoinette Alexander

CONSHOHOCKEN, Pa. Take Care Health Systems, which is owned by Walgreens, has opened a new retail-based clinic in the Kansas City area.

The opening of the new clinic in Parkville, Mo., makes 16 clinics in the market.

Take Care Health operates a total of 345 clinics in 35 markets throughout 19 states.

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FTC clears J&J acquisition of Cougar Biotechnology

BY Alaric DeArment

NEW BRUNSWICK, N.J. The Federal Trade Commission has given clearance to the acquisition of a biotechnology company by drug maker Johnson & Johnson.

J&J announced that the FTC had granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act with respect to J&J’s acquisition of Los Angeles-based Cougar Biotechnology.

J&J made a tender offer last month to acquire Cougar for $1 billion, or $43 per share, and Cougar’s board recommended that stockholders accept the offer. If J&J manages to acquire a majority of tendered shares, and fulfills other customary conditions, Cougar will become a subsidiary, working with J&J’s biotech division. The tender offer expires at midnight July 2.

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NCPA presents drug disposal advocacy to Congress

BY Alaric DeArment

ALEXANDRIA, Va. An organization representing the country’s independent pharmacies took its advocacy of drug disposal programs to Congress Thursday.

Speaking on behalf of the National Community Pharmacy Association, pharmacist Cheri Garvin testified before the House Judiciary Subcommittee on Crime, Terrorism and Homeland Security’s “Safe and Responsible Drug Disposal” hearing.

Garvin, CEO of Leesburg Pharmacy in Leesburg, Va., developed a drug disposal program for her pharmacy that the NCPA said serves as a business model that its 23,000 members can use. The organization said safe drug disposal helps prevent diversion and the contamination of drinking water that results from patients flushing unused medications down toilets.

“Patients need viable, convenient solutions when seeking to dispose of their unused medications,” Garvin said in her testimony. “Programs that allow for drop-off at multiple public locations, as well as programs that allow for patients to utilize prepaid mailers to dispose of medications, should be encouraged.”

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