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November 6, 2009 News for the retail pharmacy industry     Daily Dose  CVS Caremark selects industry veteran for CFO post CVS Caremark has named David Denton its new CFO and EVP, effective Jan. 1. Denton, who has held various key positions since joining the company 10 years ago, will replace the retiring David Rickard. Drug Store News (11/5)   Health & Wellness  Green tea may postpone development of oral cancer, study finds A study of 41 patients with pre-malignant mouth lesions found that green tea extract might help delay the progression of oral cancer. Further studies are needed to determine whether green tea can prevent cancer in the long term, the study's author said. HealthDay News (11/5) Study indicates full-fat milk has weight-management benefits Children who regularly drink full-fat milk have lower body-mass indexes than those who rarely or never drink milk, according to a study. "It may be the case that children who drink full-fat milk tend also to eat other things that affect their weight. Another possible explanation is that children who do not drink full-fat milk drink more soft drinks instead," a researcher said. FoodNavigator (11/4)   Industry News  Pharmacists call on PBMs to ease policies on compounded liquid Tamiflu Pharmacists say pharmacy benefits managers are holding up their liquid-Tamiflu compounding efforts by taking 24 to 72 hours to process claims. "Your organization could help simplify the situation and improve access to care by temporarily revising policies on billing Tamiflu compounds to expedite the process," said a letter from the National Community Pharmacists Association to Express Scripts. American City Business Journals/St. Louis (11/5) FDA approves osteoarthritis drug from Nuvo Research Canadian biotech firm Nuvo Research gained FDA approval for Pennsaid, a topical pain treatment for osteoarthritis of the knee. Nuvo and partner Covidien plan to introduce the product in the U.S. in the first half of 2010. Reuters (11/5) InterMune seeks FDA approval of drug for lung disease InterMune filed for FDA approval of pirfenidone as a treatment for idiopathic pulmonary fibrosis, a condition characterized by lung inflammation and scarring. Pirfenidone, which is administered orally thrice a day, previously gained orphan-drug status in the U.S. and Europe. American City Business Journals/San Francisco (11/5) CDC urges officials to review distribution of H1N1 vaccine The CDC notified state and major city health departments to prioritize vaccinating pregnant women, children and other groups at high risk of H1N1 influenza, after government officials were criticized for distributing the vaccine to some Wall Street companies. "Any vaccine-distribution decisions that appear to direct vaccine to people outside the identified priority groups have the potential to undermine the credibility of the program," CDC Director Thomas Frieden said. The Wall Street Journal (11/6) BioCryst faces tight competition in H1N1 flu drug market BioCryst Pharmaceuticals is facing tough competition from other makers of H1N1 flu drugs because of the high price of its intravenous treatment candidate peramivir. The U.S. government ordered 10,000 treatment courses of peramivir on an emergency basis, but it also bought intravenous formulations of Roche Holding's Tamiflu and GlaxoSmithKline's Relenza, which are cheaper than peramivir's $2,250-per-patient price tag. The New York Times (11/5)   Featured Content    Cardmember Story: Rafe Totengco Rafe Totengco from OPEN Book: Social Media Social Media: What's Next? Adam Ostrow from OPEN Book: Social Media Denim Therapy: Re-Visiting a Culture of Repair Instead of Replace Jill Fehrenbacher How to Avoid the 'Bah Humbug' Spirit From Consumers This Holiday Season Janet Thaeler from Small Business Trends The Benefits of Outsourcing Your Billing Michelle V. Rafter   Capital Beat  Lawmakers step up efforts against organized retail crime Another bill aimed at addressing the growing problem of organized retail crime in the country was introduced in the House, according to the Coalition Against Organized Retail Crime. Rep. Bobby Scott, D-Va., meanwhile, received praise from the Food Marketing Institute for conducting a hearing on implementing more stringent rules against ORC. Supermarket News (11/6) , Progressive Grocer (11/5) House Democrats struggle for 218 votes to pass health care bill As a likely weekend vote on a sweeping overhaul of the U.S. health care system draws closer, House Democratic leaders intensified their efforts to line up the 218 votes they need to pass the measure. Party leaders said they didn't have enough confirmed votes to guarantee passage but were confident of having them by the time the bill comes to the floor of the House of Representatives, probably Saturday. The New York Times (11/5) , The Washington Post (11/6)   Looking for information on the retail and wholesale food industry? Sign up for our daily e-newsletter at www.dailylead.com/fmi     FMI News  Supply Chain Conference: Bringing It All Together January 31 - February 2, 2010 J.W. Marriott Desert Ridge Resort, Phoenix, AZ The Food Marketing Institute (FMI) and Grocery Manufacturers Association (GMA) are pleased to announce the inaugural Supply Chain Conference, sponsored and hosted jointly by GMA and FMI under the auspices of The Trading Partner Alliance (TPA). The Supply Chain Conference combines the best aspects of the FMI Supply Chain Conference and the GMA Information Systems and Logistics/Distribution Conference (IS/LD) into one full-scale event focused on collaborative practices that are helping trading partners work together more efficiently and effectively to serve consumers. Click here to register. 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