In many cases, a pharmacy's most valuable asset is its NHS contract. This is what buyers are paying for - the right to provide pharmaceutical services
commissioned by the NHS and be reimbursed for the medicines dispensed.
However, a pharmacy consists of more than just an NHS contract and when buyers look for a pharmacy to buy, they will also examine these other areas - the pharmacy's
customer base, its staff, the property it operates from - to name a few - because these are all also crucial to a successful pharmacy.
In this day and age, another important consideration is the pharmacy's intellectual property (IP) i.e. the pharmacy's rights to certain types of information, ideas,
and forms of expression. At the most basic level, this includes the trade mark in the name of the pharmacy, because all pharmacies will have a name by which they
distinguish themselves from other pharmacies. The more well-known the name, the more valuable this form of IP is - mention 'Boots', for example, and most will have
an instant association with the largest pharmaceutical retailer in the UK.
McKesson UK has announced that it has changed its name to Hallo Healthcare Group.
This year, in April, European asset management group Aurelius completed the acquisition of McKesson UK.
Over recent years, the company has benefited from the introduction of additional services delivered across its more than 1,300 pharmacies, a growing digital
offering and the ability to support the increasing trend of primary care being delivered to patients in their home.
On Monday, the company posted on LinkedIn: "Today we have officially changed our name from McKesson UK to Hallo Healthcare Group. This marks our separation from
the McKesson Corporation and the start of our exciting new world under Aurelius Group ownership."
A new residential building named after Dr Yusuf Hamied has opened at Christ's College, Cambridge, where the head of the Indian pharma giant, Cipla, was an
undergraduate and then PhD chemistry student between 1954 and 1960.
In more than 800 years that Cambridge University has been in existence, this is the first time an entire building has been named after an Indian.
The "grand opening of Yusuf Hamied Court" at Christ's was presided over by Lord Simon McDonald, the Master of the College, and attracted about 25 leading scientists,
mostly chemistry professors.
Professor Sir Venkatraman Ramakrishnan, a chemistry Nobel Prize winner and a former president of the Royal Society, was also present at the event earlier this month,
as well as Dr Anthony Freeling, the acting vice-chancellor of Cambridge University, and the chemist Dame Mary Archer, wife of the best-selling novelist Jeffrey
Archer.
Hamied and McDonald posed for photographs in front of the "entirely green" four-storey building, where the 64 rooms for postgraduates and fellows from around the
world will rely on heat exchangers, instead of gas.
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AmerisourceBergen, a leading pharmaceutical solutions organisation announced its intent to change its name to 'Cencora' to better reflect its bold vision and
purpose-driven approach to creating healthier futures.
Steven H. Collis, Chairman, President & Chief Executive Officer of AmerisourceBergen said: "Over time, we have established ourselves as a trusted industry partner
that prioritizes innovation, advocates for patient access and advances strategic partnerships across the global pharmaceutical supply chain. To further bolster our
position, we must continue to adapt and evolve within our dynamic industry as we pursue the goal of enhancing health outcomes. Building a unified brand is fundamental
to our identity as a global healthcare company. We believe our new name better reflects who we are today and our impact across pharmaceutical care."
AmerisourceBergen intends to begin operating as Cencora in the second half of calendar year 2023. The change to Cencora is aligned with the organisation's growth
strategy and continued emphasis on innovation. AmerisourceBergen has focused on supporting pharmaceutical advancement and access for patients, manufacturers, and
providers across the global healthcare supply chain.
A group of 21 community pharmacies in the Midlands and Yorkshire will have a new name - Pickfords Pharmacy.
The group has been created by combining three independent pharmacy businesses which traded as Mr Pickford's, McGills Pharmacy and D&R Sharp.
All pharmacies in the new group will be rebranded over the coming months, with a series of launch events planned by local teams.
Speaking after the unveiling of the first branch to receive new signage in Hexthorpe Doncaster, Mimi Lau, Pickfords Pharmacy's chief operating officer, said:
"This is a turning point for the group, with all our pharmacies operating under one name with a consistent, contemporary brand.
"Initial reaction has been fantastic and very soon the name Pickfords Pharmacy will be widely recognised for the great service we deliver to customers and patients
every day."
Speaking of the consolidation, Nick Yarrow, the newly appointed group chief executive officer, commented: "Since the enlarged group came together last year, we have
been striving to ensure that the best elements of each business have been retained for the benefit of our customers and team members.
"This is part of our journey to be more than just a pharmacy - we want to be a trusted source of healthcare services at the heart of each one of the communities we
serve".
Health authorities in India have launched an inquiry into an allegation that a local pharmaceutical regulator, in return for a bribe, helped switch samples of
cough syrups that the World Health Organization (WHO) had linked to the deaths of children in Gambia before the samples were tested at an Indian laboratory,
according to two government officials and documents reviewed by the Reuters news agency.
In an April 29 letter to the Anti-Corruption Bureau (ACB) in Haryana state reviewed by the news agency, a lawyer named Yashpal accused the state's drug controller,
Manmohan Taneja, of taking a bribe of 50 million rupees (£481,600 approx.) from local manufacturer Maiden Pharmaceuticals to help it switch the samples before an
Indian government laboratory tested them. Maiden's factory is based in Haryana state.
Reuters points out that it was unable to independently establish that any bribes were paid.
Taneja did not respond to phone calls, messages or emails seeking comment. Maiden did not respond to requests for comment. The WHO said it had no knowledge of the
allegation.
Yashpal - who like some Indians uses only one name - did not say in the letter where he got the information, or provide evidence for his claim about the syrups made
by Maiden.
Reuters was unable to independently establish that any bribes were paid.
The Pharmaceutical Services Negotiating Committee on Tuesday (June 30) renamed itself as Community Pharmacy England, promising a "strengthened commitment" to
champion and engage with the sector.
"The name Community Pharmacy England better reflects the breadth of work that we do to both represent and support community pharmacies in England. We are their
champion," the pharmacy negotiator said.
Explaining that the rebranding exercise was in line with proposals put forward by the Review Steering Group (RSG), it said the rebrand was part of its Transforming
Pharmacy Representation (TAPR) work and that it would signal the beginning of a "new engagement strategy" to build stronger relationships with pharmacy owners.
"Becoming Community Pharmacy England is much more than a name change or a new logo, it is a driver for cultural change across our organisation.
"Our members want us to be more authoritative, representative, and influential, and rebranding gives us a clearer and stronger voice, helping us to better speak out
for community pharmacy."
Scarlett Johansson has been named the Highest -grossing movie big name of 2016 by means of Forbes magazine after acting in films that accrued $1.2 Billion in worldwide price tag sales.
Here comes yet another time tested aphrodisiac for sex-enhancement. Don't under estimate this herb over the funny name "Horny Goat weed". Behind this funny name lies a very serious herb which is yet to receive the deserved recognition for which it is capable enough. This herb also known as Epimedium or Yin Yang Huo was basically the food of the animal known as Yin Yang and this if evidence is to be believed; this animal had the capacity to have 100 climaxes a day.
A Nottingham-based pharmacist has been struck off the General Pharmaceutical Council (GPhC) register for bringing "the profession into to disrepute" by stealing hundreds of thousands of pounds in a bid to settle his gambling debt.
Peter Sameh Saad (33) spun a web of lies and duped a friend out of more than half a million pounds to fund his addiction and pretended he had "serious if not terminal" testicular cancer.
"It is difficult to imagine a more heinous fraud than one predicated on feigning a cancer diagnosis", a GPC panel ruled.
Saad committed three frauds on a total of £536,689.95 between September 2018 and May 2019.
First, he tricked a friend, whom he knew through his local church, into sending him around £288,200 by claiming that his newly-purchased pharmacy in US was "seized" by the authorities over visa issues and that he "had some difficulty making the mortgage payments".
Later Saad conned the same friend, named only as 'Person A' in court documents, into sending him a total of £127,150 by lying about a non-existent cancer diagnosis and private treatment.
Finally, he extracted a further £121,339.95 from an investments and credit group (named Company A) of which his friend was chief executive after inviting him to set
up a 'pharmaceutical warehouse', a plan that "impressed Person A and he agreed to invest in the business."
The National Institute for Health and Care Excellence (NICE) has released conclusive draft guidance, suggesting Pfizer's Vydura (rimegepant) as a choice for
treating acute migraines in adults with or without aura.
However, there is a caveat. This recommendation applies exclusively to individuals with a prior history of migraines, meeting one of the following criteria:
At least 2 triptans were tried and they did not work well enough or
Triptans were contraindicated or not tolerated, and nonsteroidal anti-inflammatory drugs (NSAIDs) and paracetamol were tried but did not work well enough.
This drug was developed by the US-based Biohaven Pharmaceuticals, acquired by Pfizer in 2022, in an $11.6 billion deal. Nurtec ODT is the commercial name for the
drug in the US, while the European Union approved the drug under the name Vydura in April 2022.
NICE recommended rimegepant, an oral lyophilisate (dissolving wafer) and the first oral calcitonin gene-related peptide (CGRP) receptor antagonist for acute
migraine treatment, to be taken at the onset of a migraine attack.
Migraine affects one in seven people in the UK, often with a debilitating impact, Pfizer UK said in a statement. The condition entails symptoms such as head pain,
vomiting, nausea, altered vision, fatigue, and heightened sensitivity to light, sound, and odours.
Amgen Inc sued Novartis AG's Sandoz in a federal court in the United States on Monday (May 1), accusing Sandoz's proposed versions of its multibillion-dollar
bone-strengthening drugs Prolia and Xgeva of infringing several patents.
Amgen asked the New Jersey court to block Sandoz's biosimilars of the drugs until its patents expire. One of the patents named in the complaint does not expire
until 2037.
Sandoz declined to comment on the lawsuit on Tuesday. Novartis, which is also named in the complaint, is preparing to spin Sandoz off into a standalone company
later this year.
Amgen's Prolia is used to treat osteoporosis. Xgeva, with the same active ingredient denosumab, treats bone cancer and prevents fractures in bone-cancer patients.
The Pharmacists' Defence Association (PDA) has welcomed the government's defeat in the House of Lords on the Strikes (Minimum Service Levels) Bill.
It believes that the proposed Bill, if enacted, would allow the government to dictate minimum levels of service during times of industrial action, enabling
employers to name specific employees that they require in work.
Those employees could then face losing their jobs if they failed to turn up to work on that day. Trade unions could also be fined if they did not force those named
individuals to go to work.
PDA director, Paul Day said, "This Bill should be of real concern to pharmacists and other health professionals. The idea of their employer being able to effectively
conscript them to work or face the sack does not feel like a positive employment relations environment."
The House of Lords has voted for key amendments to the Bill to prevent unions from being required to force workers to comply. This also prevents workers from being
forced to work or face the sack and allows for greater consultation and Parliamentary scrutiny on the proposals which the Westminster government is trying to
implement.
The House of Commons will now be required to vote on the amendments over the next few weeks. Whilst the House of Lords amendments are likely to be defeated, it
shows the degree of opposition there is to this Bill.
Many advertised the elderberry due to its immune-boosting effects during the pandemic. Elderberry has been sold to benefit colds and flu. Some exponents even asserted they benefit against COVID-19. You also may have heard that they can help with other ailments, like diabetes, high blood pressure, and high cholesterol. Still, no one-size-fits-all remedy for sickness like turmeric exists. Exponents of the elderberry say it is a versatile fruit of nature and is a solution to what ails you. About 30 types of elderberry plants exist worldwide. In the European version, it is Sambucus nigra, which means closely affixed to your health and healing. It dates back to 400 BC. Hippocrates (Father of Medicine) called the elderberry his "medicine chest." Now elderberry is viewed as one of the world's most healing plants in folk medicine. So what's the deal? Is the elderberry plant a godsend fruit that can give you super immunity?
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RPS Scotland has named Fiona McIntyre as its new Policy and Practice Lead. With a background in hospital pharmacy, McIntyre will be responsible for policy
development and professional support at RPS Scotland, and is set to assume her new role in early October.
McIntyre will assume a leadership role for specific projects across Great Britain, collaborating with the Policy and Practice Leads in England and Wales, RPS
Scotland said in a statement. Her responsibilities include representing pharmacists in working groups and meetings, engaging with pharmacists and pharmacy
organisations, and supporting the RPS Director for Scotland.
"During my career in NHS Scotland, I have advocated for pharmacy teams whenever possible," said McIntyre. "I am passionate about the profession's role in the
safe and effective use of medicines, and I'm privileged to join the RPS. I look forward to promoting pharmacy in Scotland and helping our profession reach its
full potential."
"I'm pleased that Fiona will be joining the RPS Scotland team as our policy lead," said Laura Wilson, Director for RPS Scotland. "Fiona's experience will be
invaluable to the role, and the whole team looks forward to her starting with us in October."
Kamila Hawthorne, the chair of the Royal College of General Practitioners (RCGP) Council, was honoured with the GG2 Woman of the Year Award at the annual
GG2 Leadership and Diversity Awards, held at the Park Plaza Hotel on Tuesday, 5 March.
Hawthorne has been a practitioner and a mentor to young GPs for almost 35 years, and has led pioneering research projects focusing on health inequalities,
diabetes and heart disease. She has been recognised twice as GP of the Year for her work with minority ethnic communities.
Professor Kiran Patel, Group Chief Medical Officer at University Hospitals Birmingham NHS Foundation Trust, was named the GG2 Man of the Year Award.
Apart from being a sought-after cardiologist and consultant, Patel also possesses a wealth of experience in managerial roles. He has done a lot of work in
addressing health inequalities, and notably, in 2020, he prescribed the very first COVID-19 vaccine.
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