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Friday, 6 February 2015, 20:55 HKT/SGT
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Source: Omnicare
ACS, Part of the Omnicare Specialty Care Group, to Provide Specialty Pharmacy Services for IBRANCE(R) (palbociclib)

CINCINNATI, OH, Feb 6, 2015 - (ACN Newswire) - Advanced Care Scripts (ACS), a leading specialty pharmacy platform of Omnicare Specialty Care Group (SCG), announced today that they have been selected as a specialty pharmacy authorized to dispense Pfizer's Ibrance(R) (palbociclib).

Ibrance was recently approved by the Food and Drug Administration (FDA) and is intended for postmenopausal women with estrogen receptor (ER)-positive, human epidermal growth factor receptor 2 (HER2)-negative advanced breast cancer as initial endocrine-based therapy for their metastatic disease. It is to be used in combination with letrozole, another FDA-approved product used to treat certain kinds of breast cancer in postmenopausal women.

Breast cancer in women is the second most common type of cancer in the United States. The National Cancer Institute estimates that 232,670 American women were diagnosed with breast cancer and 40,000 died from the disease in 2014.

The FDA granted Ibrance breakthrough therapy designation and priority review due to the preliminary clinical evidence that the drug may offer a substantial improvement over available therapies. Ibrance was approved more than two months ahead of the prescription drug user fee goal date of April 13, 2015.

"Our existing relationship with Pfizer, along with the dedication and commitment of our team in supporting oncology patients were the drivers behind being selected into this network," said Dennis Wilson, Vice President and General Manager of ACS. "We look forward to the opportunity of helping women in the fight against breast cancer by providing this novel treatment option."

The goal of Advanced Care Scripts is to remove barriers to access and increase speed to therapy. ACS has proven experience in successfully managing and dispensing specialty medications and related clinical services. "As a recognized leader in oncology, and one of our fastest growing segments, we are proud to be part of this exciting opportunity," said Dennis Wilson.

About Omnicare Specialty Care Group

Omnicare Specialty Care Group (SCG) is a division of Omnicare, Inc., a Fortune 500 company and provider of comprehensive pharmaceutical services based in Cincinnati, Ohio. Omnicare SCG is a combination of synergistic tenured companies with a focused approach to pharmaceutical brand solutions. Together, Omnicare SCG brings specialists in reimbursement methods, clinicians practiced in medication therapy management for chronic disease states, and distribution channel expertise. Solutions are tailored to drive product access by solving challenges faced by patients and their caregivers, physicians, payers and manufacturers. Custom programs are led by a single management team across the organizational platforms, allowing coordination of resources and assets to support positive outcomes for our patients. For more information, visit www.omnicarescg.com.

About Advanced Care Scripts

Advanced Care Scripts, a specialty pharmacy, manages and dispenses specialty medications and products nationwide. It coordinates services beginning with the prescriber to simplify reimbursement and delivery of biotech therapies used to treat cancer, infectious diseases, auto-immune disorders, multiple sclerosis, hemophilia, and other disease states. Its customer service and comprehensive patient care model provides compliance and adherence support and cost-effective solutions for all classes of specialty medications.

Contact:
Patrick C. Lee
+1-513-719-1507
patrick.lee@omnicare.com

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Omnicare via Globenewswire

Topic: Press release summary
Source: Omnicare


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