Wednesday, November 22, 2017

Florida Supplement Companies, Owners Settle FTC Charges

Natural Products INSIDER (blog)-5 hours ago
Three Florida-based companies and their owners settled FTC charges they made false or unsubstantiated disease claims for dietary supplements targeting HIV/AIDS, high blood pressure and the common cold. The companies—NextGen Nutritionals LLC; Strictly Health Corp. LLC; and Cyber Business Technology LLC ...

In China, Illegal Licenses Enable Fake Pharmacies to Sell ...

The Epoch Times-6 hours ago
Zhang Pu, a laborer working in Zhongshan City in Guangdong Province, was feeling under the weather with a runny nose. He asked his wife to go to a local pharmacy for some over-the-counter medication to alleviate his symptoms. His wife spent a total of 15 yuan (US$2.26) for six small bags of medicine containing a ...

Analyst: Amazon's Entry Into Pharmacy Sector Isn't As Lucrative As ...

Benzinga-Nov 21, 2017
Many pharmacy investors are concerned that Amazon.com, Inc. (NASDAQ: AMZN) could soon enter the pharmacy space by partnering with or acquiring a pharmacybenefit manager. But these concerns may be overblown, at least according to one analyst.

UPS makes curious move involving prescription drug business with ...

CNBC-1 hour ago
UPS has acquired a manufacturing pharmacy license in Georgia, enabling the shipper to relabel drugs. UPS confirmed to CNBC it obtained the license "to provide services related to new and potential business engagements." This does not appear to be UPS disrupting business from drug distributors like McKesson, but ...
UPS Acquires Pharmacy License As Amazon Move Looms
Investor's Business Daily-49 minutes ago
Federal Sentencing Awaits Former Pharmakon Exec
Inside INdiana Business-4 hours ago