President's Update November 2019
The Auburn Fall Virtual Trade-Show is back! Every business day this month we are going to be featuring products from our top suppliers and offering discounts of 5-25% off, and more! The Auburn swag has gotten better than ever.
Our buyers have worked hard to get some of the best deals of the year so that we can make this one of the best trade-shows ever. Over 450 sku’s will be on special over 20 business days. We’ll also be offering extra special deals on some of our short-dated products.
So, check your emails, go to AuburnGenerics.com, and call your Auburn Account Manager every day to find out the daily deals. It’s a great way to save on some of your fastest moving items and get some great gifts for the holidays.
Indivior PLC has recently announced that they will no longer be supplying their Suboxone Film to Sandoz as an authorized generic (AG). Sandoz has said that they hope to have enough product to make it through the end of this year but they are limiting quantities to historical usages. It may be hard to get which could also mean price increases in the industry.
No update on the sale of Sandoz generics to Aurobindo but we hear the deal is still on.
The DEA has announced that they are now eliminating the DEA-222 triplicate form and replacing it with a new single copy form. That will make things a lot easier for everyone and we won’t have to keep explaining to some people what “carbon paper” is.
Recently, the DEA also announced that they will be reducing manufacturing quotas for opioids next year. They’ve done the same for the last few years but this has had little effect on the opioid problems. They are now going to factor in the misuse into their calculations which may make a difference. This is not good for the states that are trying to use this as a revenue generator.