FTC requests more information on Watson acquisition of Arrow Group
MORRISTOWN, N.J. A generic drug maker seeking to acquire another company has received a request from the government for more information.
The Federal Trade Commission requested additional information related to Watson Pharmaceuticals’ pending acquisition of Arrow Group, a private company, under the Hart.Scott.Rodino Antitrust Improvements Act of 1976, Watson announced Thursday.
Watson responded that it will comply with the FTC’s request, and the company expects the acquisition to be complete in the second half of this year.
Innovation to unveil PharmASSIST SmartCabinet at upcoming NACDS conference
JOHNSON CITY, N.Y. Innovation, a pharmacy automation equipment manufacturer, will introduce one of its latest products at an upcoming conference Saturday.
Innovation announced that it would unveil its latest version of the PharmASSIST SmartCabinet at the National Association of Chain Drug Stores’ Pharmacy & Technology Conference in Boston.
The 3-sq.-ft. cabinet features a high-resolution, touch-screen display, tuck-away keyboard and mouse drawer and 46 independently operating pill dispensers, which count prescriptions simultaneously.
“The ‘plug-and-play’ SmartCabinet has been one of our core offerings for a full decade,” Innovation CEO Mary Reno said in a statement. “To build on this success, we listen closely to our customers and continuously enhance our products to help harmacies become even more efficient, safer and cost-effective.”
Kirby Lester appoints Doug Wertz to regional sales account manager post
LAKE FOREST, Ill. A company that develops pharmacy automation equipment has minted a new executive position.
Kirby Lester announced Thursday the appointment of Doug Wertz to the position of regional sales account manager. In the position, Wertz will manage accounts in the Northeast, working with the company’s sales team and VP business development Christopher Thomsen to look for sales opportunities in retail and supermarket pharmacies.
“Chain and grocery stores represent a vital market segment for Kirby Lester,” Thomsen said in a statement. “Our new products are ideally suited for the chain environment.”
Wertz has worked in the pharmacy automation industry for close to 10 years, previously working as a regional sales director and director of chain sales for Parata Systems and as an account executive and product team leader with NDC Health, now part of McKesson Pharmacy Systems.