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Healthcare Data Solutions ranks on Inc. 5000’s list of the fastest-growing private companies

BY Michael Johnsen

IRVINE, Calif. — Healthcare Data Solutions on Wednesday announced that it ranked on Inc. 5000’s list of the fastest-growing private companies in the United States for the third year in a row, at No. 3,154 with 111% sales growth. To qualify for the Inc. 5000 list, companies must be U.S.-based, privately held and independent, with at least $2 million in revenues in the most recent year.
 
“HDS has experienced tremendous growth since opening its doors in 2006, and making the Inc. 5000 list for the third year in a row is validation that we’re continuing to grow in the right areas,” stated HDS CEO Tim Slevin. “Working closely with our clients has been integral to that process, and we look forward to serving their needs both in the U.S. and abroad.”
 
The continuous growth that has landed Healthcare Data Solutions on the list three times shows no signs of slowing down, the company reported. Major life sciences and biotech companies continue to rely on HDS’ compliance data for Open Payments/Sunshine Act reporting and aggregate spend reporting. Additionally, HDS continues to meet the growing needs of pharmacies by introducing several new real-time products, as well as a vendor-neutral prescriber validation solution, verifying one million prescribers per day.
 
HDS’ provider database, containing nearly two million healthcare providers, allows medical device and pharmaceutical manufacturers and distributors to access the data they need in real time, with updates to the HDS cloud every four hours. And the recent partnership with PureBase, a European-based data provider, ensures that HDS clients are able to access data from 33 countries for international compliance and more.
 
 
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Prestige Brands closes deal on Insight Pharmaceuticals

BY Michael Johnsen

TARRYTOWN, N.Y. — Prestige Brands on Wednesday announced that it has closed the previously announced acquisition of Insight Pharmaceuticals, a marketer and distributor of feminine care and other over-the-counter healthcare products.
 
The closing followed the Federal Trade Commission’s approval of the acquisition and was finalized pursuant to the terms of the purchase agreement announced on April 25, 2014. 
 
The acquisition will extend Prestige’s portfolio of OTC brands to include a leading feminine care platform in the United States and Canada anchored by Monistat, an OTC yeast infection treatment. The acquisition will also add brands to Prestige’s cough-cold, pain relief, ear care and dermatological platforms. 
 
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Target to open TargetExpress stores in San Francisco, Berkeley

BY Antoinette Alexander

MINNEAPOLIS — Target has announced plans to open, in March 2015, two new TargetExpress stores in San Francisco’s Financial District and Berkeley, Calif.

Target’s first TargetExpress store opened this year in Minneapolis, and the San Francisco-area stores will mark the first time Target is expanding this format outside the Minneapolis area.

The San Francisco store will be approximately 18,000 sq. ft. and located next to the Montgomery BART station, in the heart of the financial district. The Berkeley store will be approximately 12,000 sq. ft. and located next to the Downtown Berkeley BART station, near the main entrance to the University of California, Berkeley.

“From listening to our guests at the two San Francisco CityTarget stores, we know the smaller format of TargetExpress will fit right into the busy San Francisco Bay Area lifestyle and enable us to cater to each community’s needs,” said Kamau Witherspoon, senior director store operations, Target.

Both TargetExpress locations will be customized to fit the individual needs of the surrounding neighborhoods. For example, the Bush Street store will feature a large grab-and-go area with sandwiches, salads, breakfast items like yogurt and midday snacks for busy commuters on the go. The store also will include a Starbucks and select items from Target's Made to Matter collection, which features products from such San Francisco Bay Area companies as Annies, Yes To and Method.

The Berkeley store will offer a large selection of grocery items — including produce, dairy, frozen, snacks and beverages — to serve the students, commuters and residents of Berkeley. Additionally, both new TargetExpress stores will be stocked with essentials in home, beauty and electronics, including a robust assortment of Target’s owned brands. The stores will also include Target’s pick-up-in-store service and a pharmacy.

Target opened the first TargetExpress in Minneapolis in July, and has announced plans to open one in the Highland Park area of St. Paul, Minn., in 2015. A third San Francisco Bay Area TargetExpress will also open in 2015, with a location to be announced in the coming months, the company stated.
 

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