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NEWS IN BRIEF: Tributes for Young Pharmacist; Cuts; Valeant; Flu Jabs; Millionaires


26 Apr 2016

Tributes paid to “lovely” Longstanton man, Dishant Patel, who was killed in collision near Bar Hill

The family of a “lovely” young pharmacist who was “looking forward to the future” have paid tribute to him after he was killed in another fatal crash, Cambridge News reports.

Dishant Patel, 25, of Collingwood Drive in Longstanton, was travelling along the B1050, from the A14 at Bar Hill, at about 9.25pm on Saturday when the collision happened.

Dishant was a passenger in a black BMW Alpina. It is believed the car entered a right-hand bend and lost control, causing it to leave the carriageway and roll into a nearby field.

Speaking to the News, Dishant’s family told of their shock at his death and remembered a young man who would always do his best to help out and make others laugh.

Conor McGinn MP calls on Government to halt cuts to local pharmacies

Conor McGinn MP claims local pharmacies are at risk in the face of government cuts of £170m, St Helens Star reports.

He was speaking following a recent visit to Donlon’s in Haydock and Well in Rainford.

McGinn said that the withdrawal of funding will put pressure on the services local pharmacies provide for patients at a time when the Government is asking them to do more to stop themselves falling ill and promote healthy living.

The cuts, which will take effect this year, will see the budget for community pharmacies cut from £2.8b in 2015/2016 to £2.63b in 2016/2017, which is a cut of six per cent.

Valeant names Papa CEO after he resigns from Perrigo

Former Perrigo Co Plc head Joseph Papa was named Chief Executive Officer at Valeant Pharmaceuticals International on Monday, a role in which investors said he should focus on returning the company to growth, the Daily Mail reports.

Papa will replace CEO Michael Pearson, whose years of frenzied dealmaking fueled double-digit profit increases at Valeant until scrutiny of its controversial relationship with a specialty pharmacy and history of sharp drug price increases hit its shares and sales last fall.

Shares of Laval, Quebec-based Valeant rose on Monday after it announced the high-profile hire before losing about 2.2 percent in New York trading to close at $35.16.

Shares are far from their August 2015 high of $263.70, falling to the current level earlier this year after Valeant said it would restate earnings and delay filing its 2015 financial report, opening the door to possible default on its $30 billion in debt.

Flu jabs ‘more effective in morning’

Morning flu jabs provoke a stronger immune response than those given in the afternoon, the BBC reports.

The trial at 24 doctors’ practices found people vaccinated before lunch produced the most defensive antibodies.

The University of Birmingham team suggested immunising people in tune with the body’s natural rhythm could be a cheap way to save lives.

Experts said the study may mark the dawn of making use of “the body clock in the clinic”.

Pharmaceutical millionaires feature in Asian Rich List

Five millionaires that feature on the Asian Rich List Midlands made their fortune within the Pharmaceuticals or Pharmacy industry – with an overall combined wealth of £242 million.

They include: Hashmukh Modi of Jardines UK Limited valued at £40million; Danesh and Sanjay Gadhia of Morningside (Leicester) Ltd worth £20million and Manjit Singh Jhooty of Pasab Ltd who has a fortune of £12million.

Qualified pharmacist Nitin Sodha launched his pharmacy business with his brothers Anup and Pankaj in 1995.

Fast forward over 20 years and the company Lexon now deliveries medicine to more than 1,200 pharmacies and pharmaceutical companies across the UK.

The Redditch-based company has gained an outstanding reputation importing pharmaceutical drugs and selling them in the UK, the company has experienced a growth rate of more than 70 percent a year and is now worth £82million.

Sodha also picked up an award for Healthcare Business – presented to him at the gala event.


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