May 16th 2025
The announcement comes shortly after the company announced it had filed its second chapter 11 bankruptcy in under 2 years.
FDA panels vote against OTC Primatene HFA inhaler
March 3rd 2014FDA advisors decided against recommending over-the-counter (OTC) marketing approval of Primatene HFA inhaler (Armstrong Pharmaceuticals) for the temporary relief of mild symptoms of intermittent asthma in patients 12 years and older, at last week’s joint meeting of the FDA’s Nonprescription Drugs Advisory Committee and the Pulmonary-Allergy Drugs Advisory Committee.
Health Mart to offer free screenings
February 27th 2014Health Mart launched its 2014 Healthy Living Tour during the Independent Pharmacy Business Growth Conference in Orlando, Fla. Pharmacists and other healthcare professionals will visit more than 130 communities across the United States providing health education and free health screenings.
Actavis plans to buy Forest Labs for $25 billion
February 20th 2014Actavis plans to purchase Forest Laboratories for approximately $25 billion in a cash and equity deal, creating a combination of “two of the world’s fastest growing specialty pharmaceutical companies, with combined annual revenues of more than $15 billion in 2015,” according to a Feb. 18 announcement.
Michigan pharmacy CEO and employees indicted in $60 million fraud
February 14th 2014A federal grand jury has indicted a Michigan pharmacy CEO and several of its employees in a $60 million fraud case in which drugs previously dispensed to nursing homes and adult foster care homes were restocked and resold.